Article 19b Requirements for UK Climate Transition BenchmarksF1F3

Administrators of F2UK Climate Transition Benchmarks shall select, weight, or exclude underlying assets issued by companies that follow a decarbonisation trajectory by 31 December 2022, in accordance with the following requirements:

1. (i)

   the companies disclose measurable carbon emission reduction targets to be achieved within specific timeframes;

2. (ii)

   the companies disclose a reduction in carbon emissions which is disaggregated down to the level of relevant operating subsidiaries;

3. (iii)

   the companies disclose annual information on progress made towards those targets;

4. (iv)

   the activities relating to the underlying assets do not significantly harm other ESG objectives.