BERLIN-AXA Real Estate Investment Managers will now require all leases in Germany to undergo sustainability agreements, according to the company in a recent statement. The firm already launched the “green lease” program in France, where 20 contracts have since been completed following the new rules.

The new sustainable conditions include setting up regular sustainable-focused meetings with the tenant, the sharing of energy performance data between tenants and landlord, and the joint definition of asset-specific sustainability action plans and the follow-up of implementation, said AXA in the statement. The Paris-based firm said its long-term goal is to roll out these rules for all new leases across its portfolio of 2,800 managed properties across Europe.

Jean-Francois Le Teno, global head of sustainable development at the company, said the new rules will help limit the impact of the buildings on the environment. “For us, this is not something which is being driven by regulation or requirement,” he said in the statement. “Rather, it represents a proactive decision to reduce our global footprint by ensuring that environmentally-friendly procedures, such as green leases, are woven into the fabric of everything we do on a daily basis.”