This document is a Memorandum of Understanding. It appears in a guidance paper - “Green Lease Toolkit (Working together to improve sustainability)” - published by the Better Buildings Partnership (BBP).
The BBP is an initiative led by the London Climate Change Agency with the aim of bringing together large commercial and public property owners to improve the sustainability of London’s existing building stock and accelerate the reduction in CO2 emissions from those buildings. As the concept of greener leases grows over the next few years, the recommendations of good practice given by the BBP are likely to filter through to the property market throughout the country.
The Memorandum of Understanding is designed to be used in full or in part and either on the grant of or at any stage during a lease For further information on the use of memoranda of understandings, click on the BBP Green Lease Toolkit.