Sustainability Clause
AirTree Ventures Sustainability Clause
Environmental policy: The Company shall, within six months following closing, adopt an Environmental Policy that incorporates the six key objectives below:
- Monitor the business’ carbon footprint using a third party assessment framework or tool (e.g. [Pathzero]) and provide reporting annually by [date]; and
- Achieve net zero carbon emissions
- Incorporate energy efficiency measures in all areas of business activity
- Promote environmental responsibility amongst employees, customers, suppliers, and other partners
- Minimise waste, promote recycling and support the use of recycled products to help reduce the amount of waste
- Review relevant policies and practices at the senior management and Board level annually
More information about our Open Source Term Sheet can be found here