MinterEllisonRuddWatts is actively engaged in The Chancery Lane Project, joining the focused effort from lawyers around the world to develop contract clauses to help fight climate change. Our firm recognises that climate change has broader implications for business and is a key consideration in today’s commercial decision making. We are proud to be the first New Zealand law firm involved in this far-reaching sustainability initiative.
However, a goal of such magnitude and importance cannot be achieved without a conscious and collaborative effort from all parts (and parties) within the supply chain engaging in the actions needed, and how to achieve them.
With that in mind, we are creating a Sustainability Conversation Starter series, aimed at different sectors of the property industry, and we are delighted to share the first part of this series with you – our commercial tenants.
Procuring more sustainable premises as a tenant
Sustainability impacts a whole range of decisions that a tenant makes in relation to its occupational requirements – most obviously in relation to design and build requirements for new leases and refurbishment of existing premises, but also in relation to fit-out design, use of product, efficiency of services and utilities, and the use of renewable energy. Sustainability is already becoming a high priority requirement of business governance, potential funders, and customers/clients.
Open dialogue between landlords and tenants around sustainable outcomes can lead to benefits for both parties, and the property industry in general. To assist in these conversations, below are a number of actions and questions that tenants can raise with their landlord.
Te taiao Care for the natural world
- Ask your landlord about the Greenstar/NABERSZ rating for your building.
- Ask your landlord about what waste collection and recycling options are available in the building.
- Use sustainable materials and energy efficient fittings in your fitout and consider recycling your fitout if starting afresh.
Ngā tāngata Care for people and communities
- Request bike parks to encourage use of sustainable transport.
- Ask your landlord about the availability of collaborative spaces and community events in the building.
- Consider the location of the premises and availability of low emission transport options or more sustainable transport options including public transport.
Ngā tikanga Implement sustainable practices
- Ask your landlord about energy management in the building e.g. sensor lighting and options to improve efficiencies.
- Request that your landlord measure and share data on energy consumption and discuss any goals or targets around this.
Please contact any one of our experts if you would like to discuss how The Chancery Lane Project could support your organisation’s sustainability goals, or if you would like to be part of the movement towards a more sustainable property industry in New Zealand.
Our next Sustainable future update will provide landlords, developers and property managers with practical conversation starters to have with tenants and the wider business community.