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The Better Buildings Partnership (BBP) has revised its Green Lease Toolkit to stimulate leadership and support the delivery of better buildings across the commercial real estate sector.
The comprehensive online Toolkit contains legal clauses in nearly 20 key areas, covering topics such as building management, circular economy, waste and renewable energy. It offers suggested drafting variations categorised as “light”, “medium” or “dark”, accommodating users at various stages of their green leasing journey. Additionally, the Toolkit introduces a new Green Lease Essentials section, outlining a vision for minimum expectations on what green leases should include.
The Green Lease Toolkit caters to a diverse audience, including property owners, occupiers, letting agents, lawyers, managing agents, investors and analysts. All of these stakeholders can benefit from the toolkit content, with the overall objective being to identify actions of mutual value, fostering greater alignment and co-operation to improve the sustainability of commercial buildings.
The development of this new version was an iterative process guided by a steering committee composed of property owners and occupiers from leading companies alongside a dedicated group of legal experts.
Sarah Ratcliffe, CEO, Better Buildings Partnership said: “Our Green Lease Toolkit has been one of the BBP’s most widely utilised tools, helping to inform leading thinking on how leases can support owners’ and occupiers’ sustainability ambitions. We hope that this significant review of the toolkit will enable the whole industry to realise the potential for positive and open dialogue, ultimately driving the delivery of better buildings.”
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