Commercial Property

Be proactive and future-proof your interests with green leases

Environmental performance clauses in commercial leases should be the rule, not the exception

Niall Gaffney, chief executive, Ellen McKinney, sustainability manager, and Shane Caldwell, sustainability lead, all of Iput: environmental performance clauses in leases will become the rule as opposed to the exception

For some years now, and particularly since sustainability and climate change began to move up the agenda, we have started to hear more about green leases. Many companies now have ambitious environmental, social and governance (ESG) and sustainability objectives, but few understand how their real estate has a bearing on this or how inserting simple environmental performance (EP) clauses into their leases could help them to meet their objectives.

Many stakeholders in the real estate ...