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By Chris Leadbetter and Alex Devereux 2020-07-02T05:00:00
A liability and contract perspective on how the government commitment to net zero carbon by 2050 will impact the industry
The construction industry knows that it has a carbon problem. Action is starting to be taken, and the industry’s reaction to covid-19 shows that it can adapt quickly, however the government has committed the UK to being a net-zero carbon economy by 2050. We will all therefore have to act on carbon, fast. Here are our five predictions for how we think this sea change in the industry might play out from a liability and contract perspective.
Funding
Funders are facing ever increasing pressure to back sustainable projects as a result of tightening regulation, heightened disclosure obligations and enhanced scrutiny from shareholders and activists.
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