the existence of the debt that Tangerine Properties Co., Ltd., a POLAR subsidiary, owes to Simba Co., Ltd. Earlier, the SEC ordered POLAR to conduct a special audit on such debt and requested the

monitoring and evaluation of the relevance of the risks and resilience measures and related adjustments to those measures will be taken. M2: No clearing of woody vegetation over 3 metres in height after 2020

management and drought warning • Planting / removing vegetation explicitly to modify water temperatures, evaporation rates, runoff patterns Water Infrastructure Criteria under the Climate Bonds Standard

sequestration. Techniques can include soil carbon management, restoration of native vegetation, and eliminating in-field burning practices. Indirect land use Possible unintended consequences of indirect land use

, sourcing, or financial investments that do not cause or contribute to deforestation (AFi, 2019). Peatland: An area with or without vegetation with a naturally accumulated peat layer at the surface, while