towards environmental and social sustainability. The Principles outline best practices when issuing bonds serving social and/or environmental purposes through global guidelines and recommendations that
be through climate mitigation impact and/ or climate adaptation or resilience. The CBS is made up of two parts: the parent standard (Climate Bonds Standard v2.0) and a suite of sector specific
Issuer’s Adaptation & Resilience performance in respect of a waste management facility Box 1: Step by Step Approach to assessing the qualifying carbon intensity of Energy from Waste Waste Management Criteria
bonds serving social and/or environmental purposes through global guidelines and recommendations that promote transparency and disclosure, thereby underpinning the integrity of the market. The Principles
bring about a change of approach or behavior at a company. Many see it as a continuum covering all this and more, including full-blown activism. The point is to express views and concerns to those who can
achievement of material, quantitative, pre-determined, ambitious, regularly monitored and externally verified sustainability (ESG) objectives through Key Performance Indicators “KPIs” and Sustainability
product governance. Ability to be benchmarked Tesco will report on its Scope 1 and 2 emissions in line with the methodology of the GHG Protocol Corporate Standard. This approach is considered to be industry
4 http://www.climatebonds.net/bonds-climate-change-2014 5 See Annex 1 Climate Bonds Standard and Certification Scheme: LC Transport Technical Working Committee Page 5 of 20 b. New technologies and
Mission 1.5°, the Group’s climate strategy, sets out science-based targets to reduce the Group’s impact by 2030 (see below). Regenerative agriculture lies at the heart of the Group’s approach to help
by S&P in 2018 while Moody’s has a “positive” outlook on its rating. We see potential for further upgrades in the medium term considering the company’s good operating track record, prudent financial