relation to the bond tenor and monitor the level of ambition of the SPTs (e.g., any update in the issuers sustainability strategy or on the related KPI/ESG governance, and more generally any information
. Calibration of Sustainability Performance Targets (SPTs) – The SPTs demonstrate a robust level of ambition, in comparison with (i) the Issuer’s ESG strategy and performance, (ii) existing international
more informative than sells.” Buy Sell t=0, P=P0 t=t1, P=P1 TPI TempPI PPI TPI TempPI PPI t=t1, P=P1 TPI TempPI PPI t=t2, P=P2 t=t2, P=P2 Buy t=t2, P=P2 t=t1, P=P1 t=0, P=P0 Where, P0 = price prior to
net zero emissions by 2050 in support of the ambition to achieve a 1.5°C outcome. Set interim portfolio emissions reduction targets and/or asset alignment targets for every five years and, at a minimum
optional. The external reviewer is encouraged to assess: 1. The relevance, materiality and reliability of selected KPIs. 2. The rationale and level of ambition of the proposed SPTs. 3. The relevance and
company’s strategic objectives and its progress towards meeting them. Such disclosures should: a) be linked to the company’s business model; b) be genuinely informative and include forward-looking elements
major category, for smaller category, secondary data can be used ● Start conversations with suppliers/consumers/investees to increase awareness of the company’s climate ambition early on Data quality
question must be applied. Ambition to maximise the efficient use, reduction, repair, recycling and reuse of materials during the activity operational life cycle (e.g. through contractual agreements with
aligned with global net zero emissions by 2050 in support of the ambition to achieve a 1.5°C outcome. Set interim portfolio emissions reduction targets and/or asset alignment targets for every five years
undermining any price benefit green bonds may offer. The Criteria has been designed with an ambition of a zero-carbon future in 2050 and offers a pathway to reach that outcome in a manner bespoke to each city’s