The company supports low-carbon initiatives (e.g. regeneration, access to clean and affordable energy, site repurposing) in regions affected by decarbonisation. A just transition requires the company to consider the impacts of transitioning to a lower-carbon business model on its workers and communities. The company provides details on the criteria it uses to assess the board competencies with respect to managing climate risks and/or the measures it is taking to enhance these competencies. The company conducts and publishes a review of its trade associations’ climate positions/alignment with the Paris Agreement.

These independent analyses, which correspond with company disclosures related to Disclosure Indicator 6, are included for upstream oil and gas, electric utilities, and automotive companies. Capital allocation analyses for companies in other sectors are expected to be developed in the future. This indicator assesses the technology mix of the company in 2021 compared to the market in 2021. The analysis is conducted on the technology level, meaning 2Dii compares the technology share of the company with the technology share of the sector average. For example, if the market’s technology mix consists of 10% electric vehicles, while the company’s technology mix consists of 17% electric vehicles, then the company is ‘ahead’ of the market.

Amber—The company’s Organisation and/or Relationship score is between 50-74%. The audit report identifies that the assumptions and estimates that the company used were aligned with achieving net zero GHG emissions by or provides a sensitivity analysis on the potential implications. The company has assessed its board competencies with respect to managing climate risks and discloses the results of the assessment. • There is a committee (not necessarily a board-level committee) responsible for climate change and that committee reports to the board or a board-level committee.

These measures clearly refer to the main sources of its GHG emissions, including Scope 3 emissions where applicable. The company explicitly commits to align future capital expenditures with the Paris Agreement’s objective of limiting global warming to 1.5° Celsius. If the company has set a scope 3 GHG emissions target, it covers the most relevant scope 3 emissions categories for the company’s sector , and the company has published the methodology used to establish any scope 3 target. The company has a decarbonisation strategy to meet its long and medium-term GHG reduction targets. Indicator 5 is sector neutral, assessing the key elements that should comprise any company decarbonisation strategy. Sector-specific expectations can be found in the Climate Action 100+ Global Sector Strategies.

Contingency: Metric 10.2b cannot be ‘Yes’ unless metric 10.2a is also ‘Yes’.

At the Sub-indicator level, the company receives a ‘Yes’ on all Metrics that make up the Sub-indicator. The company employs climate-scenario planning to test its strategic and operational resilience. The company ensures that its decarbonisation options as a strategic investment efforts and new projects are developed in consultation with and seek the consent of affected communities. The company has committed to retain, retrain, redeploy and/or compensate workers affected by decarbonisation.

This indicator analyses the automotive production plans of the company with IEA scenarios and identifies the scenario pathway to which it most closely corresponds per technology. 2 Degrees Investing Initiative conducted the company disclosure research and analysis. These indicators reflect the company’s physical assets as of December 31, 2020.

The medium-term GHG reduction target covers at least 95% of Scope 1 & 2 emissions and the most relevant Scope 3 emissions . This company is assessed against TPI’s 2°C Scenario , which is the best available for the auto sector. The intent is to assess all companies and sectors against a 1.5 degrees IPCC P1 scenario or equivalent, as and when the necessary data becomes available.

The long-term GHG reduction target covers at least 95% of Scope 1 & 2 emissions and the most relevant Scope 3 emissions . The company’s net zero GHG emissions ambition covers the most relevant Scope binary options brokers reviews 3 GHG emissions categories for the company’s sector, where applicable. List’ companies represent over 60 others that were identified via investor consultation and targeted for investor engagement.

Companies will be an ongoing area of development as part of broader discussions on the use of green revenue classification systems and regional taxonomies. The company has set an ambition to achieve net-zero GHG emissions by 2050 or sooner. The necessary time frame for companies to achieve net-zero GHG emissions differs depending on the sector.

This indicates increasingly significant misalignment with the Paris Agreement as the percentage nears zero. Green—The company’s Organisation and/or Relationship score is above 75%. The audit report demonstrates that the auditor considered the effects of material climate-related matters in its audit. Other reporting includes other sections of the annual report and may also include separate reporting such as sustainability reports, TCFD reports, analyst presentations, and the company’s website. Red—At the overall Indicator level, the company receives a ‘No’ on all Sub-indicators or Metrics that make up the indicator. At the Sub-indicator level, the company receives a “No” for all Metrics that make up the Sub-indicator.

The company has set a target for reducing its GHG emissions up to 2025 on a clearly defined scope of emissions. The company has set a target for reducing its GHG emissions by between 2026 and 2035 on a clearly defined scope of emissions. The company has set a target for reducing its GHG emissions by between 2036 and 2050 on a clearly defined scope of emissions. Assessment of the company's 2021 technology mix vs. the sector average.

Provided by Carbon Tracker Initiative and the Climate Accounting and Audit Project

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My Hustle - Technology Meet the 25-year-old CEO of Genies, who built a new human race out of avatars, replete with its own virtual talent agency and celebrity clients. Three friends use advanced technology to turn game films into analytics for professional football teams. Finally, a 24-year-old NBA superfan merges the digital and sports worlds to create virtual player cards, or "moments." Indicator 9 is still in development and will not be assessed in the current cycle.

The company discloses the methodology and criteria it uses to assess the alignment of its capital expenditure plans with its decarbonisation goals, including key assumptions and key performance indicators . The company explicitly commits to align its capital expenditure plans with its long-term GHG reduction target OR to phase out planned expenditure in unabated carbon intensive assets or products. The disclosure framework evaluates the adequacy of corporate disclosure in relation to key actions companies can take to align their businesses with the Climate Action 100+ and Paris Agreement goals. The framework reflects publicly disclosed information as of 13th May 2022 and is assessed by the Transition Pathway Initiative.

The assessment evaluates the company’s automotive production plans with IEA scenarios and identifies the scenario pathway to which it most closely corresponds per technology. The company takes action to support financially vulnerable customers that are adversely affected by the company’s decarbonisation strategy. The company’s decarbonisation strategy specifies the role of ‘green revenues’ from low carbon products and services. The target (or, in the absence of a target, the company’s latest disclosed GHG emissions intensity) is aligned with the goal of limiting global warming to 1.5°C. Climate Action 100+ is an investor initiative to ensure the world’s largest corporate greenhouse gas emitters take necessary action on climate change. The company’s net-zero GHG emissions ambition covers the most relevant scope 3 GHG emissions categories for the company’s sector, where applicable.

Defensive plays lead European stocks as German confidence still bleak

The company has set an ambition to achieve net zero GHG emissions by 2050 or sooner. Volkswagen AG engages in the production and sale of passenger cars and light commercial vehicles. The firm also develops vehicles and components for the brands of the group. IAA gives you the tools and technologies for effective vehicle management and selling. Living in the age of technology gives you options, especially when it comes to selling your vehicles.

These companies either present climate-related risks to investor portfolios or have significant opportunities to drive the net zero transition that is not captured by emissions data alone. Steve Muscarello’s December 2022 Client News explores IAA’s pending acquisition, the future of electric vehicles, newly enacted industry legislation, our response to Hurricane Ian, and big branch news. The use of offsetting or carbon credits should be avoided and limited, if at all applied. Offsetting or ‘carbon dioxide removal’ should not be used by companies operating in sectors where viable decarbonisation technologies exist.

• The assessment evaluates the company’s automotive production plans with IEA scenarios and identifies the scenario pathway to which it most closely corresponds per technology.
• For more information on how the sector average is calculated see the methodology document.
• For example, a company with a 2030 but no targets thereafter will have its 2030 data point compared with the benchmark value in 2050.
• The company has a specific commitment to ensure that the trade associations the company is a member of lobby in line with the goals of the Paris Agreement.

Assessments of the company’s publicly disclosed information against each indicator, sub-indicator, and metric provide information on the company’s alignment with the Climate Action 100+ goals. The umarkets scam disclosure assessment indicators reflect publicly disclosed information as of January 22, 2021. InfluenceMap provided independent analysis of the company’s corporate climate lobbying practices .

MarketWatch

The company explicitly commits to align future capital expenditures with its long-term GHG reduction target. The framework reflects publicly disclosed information as of December 31, 2021 and is assessed by the Transition Pathway Initiative. The methodology quantifies key outcomes, including the percentage share of its capital expenditures that is invested in carbon intensive assets or products, and the year in which capital expenditures in such assets will peak. The company explicitly commits to align its capital expenditure plans with the Paris Agreement’s objective of limiting global warming to 1.5° Celsius AND to phase out investment in unabated carbon intensive assets or products. The company identifies the set of actions it intends to take to achieve its GHG reduction targets over the targeted timeframe.

Industry Products

When no explicit short term target that TPI can assess is available, the latest available data point of the company’s transition pathway is used to determine long term alignment. For example, a company with a 2030 but no targets thereafter will have its 2030 data point compared with the benchmark value in 2050. When no explicit medium term target that TPI can assess is available, the latest available data point of the company’s transition pathway is used to determine long term alignment. For example, a company with a 2030 target but no targets thereafter will have its 2030 data point compared with the benchmark value in 2050. If a company’s current emissions intensity is aligned with the assessment scenario used, it is assumed that the intensity will continue to be aligned in the short term. If a company’s current emissions intensity is aligned with the assessment scenario used , it is assumed that the intensity will continue to be aligned in the medium term.

When no explicit long term target that TPI can assess is available, the latest available data point of the company’s transition pathway is used to determine long term alignment. Climate-related matters may include the physical impacts of climate change and/or transition impacts from climate mitigation on the company’s market, sector, business environment, and drivers of its costs and revenues. It also includes the company’s own response, for example any emissions targets set and the company’s strategy for decarbonisation. If a company’s current emissions intensity is aligned with the assessment scenario used , it is assumed that the intensity will continue to be aligned in the long term.

Above 25%indicates increasingly active and strategic policy engagement as the percentage nears 100%, with the highest Climate Action 100+ companies currently scoring around 60%. This Metric is independent of Metric 3a, as the auditor is asked to take an independent role in assessing the assumptions used by the company , or to indicate what reasonably-aligned assumptions would be and provide its own sensitivity analysis. The audit report identifies how the auditor has assessed the material impacts of climate-related matters. This Metric is assessed independently from Metric 1a on how the company has considered climate matters.

News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. A “Just Transition” requires that the company considers the impacts from transitioning to a lower-carbon business model on its workers and communities. The assessment will leverage the European Union’s Green Taxonomy criteria on ‘turnover’ for companies headquartered in the E.U.

The financial statements are consistent with the company’s other reporting. The audited financial statements and notes thereto incorporate material climate-related matters. This assessment is provisional, meaning that information will be collected and publicly assessed as part of the October 2022 Benchmark Assessments, but the assessment framework will be subject to change in future iterations. Red—The company is ‘Behind” or ‘Slightly Behind’ the NZE target technology production for the utilities sector. Green—The company is ‘Ahead’ or ‘Slightly Ahead’ of the NZE target technology production for the utilities sector. This Sub-indicator is based on TPI’s carbon performance methodologies which applies the Sectoral Decarbonisation Approach.

The company discloses the methodology used to determine the Paris alignment of its future capital expenditures. See sector-specific expectations in the Climate Action 100+ Global Sector Strategies. If the company has set a Scope 3 GHG emissions target, it covers the most relevant Scope 3 emissions categories for the company’s sector , and the company has published the methodology used to establish any Scope 3 target. The company’s decarbonisation strategy includes a commitment to ‘green revenues’ from low carbon products and services. The company quantifies key elements of this strategy with respect to the major sources of its emissions, including scope 3 emissions where applicable.