Sustainability definitions (The Chancery Lane Project)

The following Environment precedent provides comprehensive and up to date legal information covering:

  • Sustainability definitions (The Chancery Lane Project)

Sustainability definitions (The Chancery Lane Project)

100% Renewable Energy and Renewable Energy Sources

100% Renewable Energy

  1. means an energy system where all the energy used is sourced from Renewable Energy Sources.

Renewable Energy Sources

  1. means naturally replenishing non-fossil sources of energy, including but not limited to [regenerative biomasses (wood, municipal waste, biomass and landfill gas, ethanol, biodiesel), hydropower and tidal power, hydrothermal power, aerothermal power and geothermal power, wind, and solar].

Adverse Climate Outcome (ACO) and Adverse Social Outcome (ASO)

Adverse Climate Outcome (ACO)

  1. means any outcome directly resulting from the non-performance of an affected obligation, or the enforcement of this clause [Force Majeure] in relation to that non-performance, which may have an adverse effect on the climate, and includes but is not limited to:

    1. (a)

      reduced Air Quality;

    2. (b)

      an increase in Greenhouse Gas Emissions;

    3. (c)

      dumping of stock that was created using Natural Capital;

    4. (d)

      wasted Embedded Carbon, or

    5. (e)

      [Insert other adverse effects].

Adverse Social Outcome (ASO)

  1. means any outcome directly resulting from the non-performance of an affected obligation, or the enforcement of this clause [Force Majeure] in relation to that non-performance, which may have an adverse social effect, and includes but is not limited to:

    1. (a)

      the insolvency of a party;

    2. (b)

      redundancies over and above [x];

    3. (c)

      an increase in poverty, deprivation or hunger, or

    4. (d)

      [Insert other adverse effects].

Air Quality

Air Quality

  1. means the condition of air in and around a given location, in

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