OpenLegislation

Article 4 Calculation of GHG intensity or absolute GHG emissions

United Kingdom

Original text. Later amendments are not shown.

1.

Administrators of F1UK Climate Transition Benchmarks and administrators of F2UK Paris-aligned Benchmarks shall calculate the GHG intensity or, where applicable, the absolute GHG emissions of those benchmarks using the same currency for all of their underlying assets.

2.

Administrators of UK Climate Transition Benchmarks and administrators of UK Paris-aligned Benchmarks shall recalculate the GHG intensity and the absolute GHG emissions of those benchmarks on a yearly basis.

Annotations

Textual amendments

F1

Words in Ch. 2 s. 1 substituted (18.10.2021) by The Markets in Financial Instruments, Benchmarks and Financial Promotions (Amendment) (EU Exit) Regulations 2021 (S.I. 2021/1074), regs. 1(2), 6(4)(a)

F2

Words in Ch. 2 s. 1 substituted (18.10.2021) by The Markets in Financial Instruments, Benchmarks and Financial Promotions (Amendment) (EU Exit) Regulations 2021 (S.I. 2021/1074), regs. 1(2), 6(4)(b)

Notes on the whole EU Regulation

Textual amendments

F1

Words in title substituted (18.10.2021) by The Markets in Financial Instruments, Benchmarks and Financial Promotions (Amendment) (EU Exit) Regulations 2021 (revoked) 2021 (S.I. 2021/1074), reg. 6(2)