{
  "url": "https://openlegislation.uk/eu-regulation-2020-1818/article-4",
  "json_url": "https://openlegislation.uk/eu-regulation-2020-1818/article-4.json",
  "legislation": "eur/2020/1818",
  "legislation_title": "Commission Delegated Regulation (EU) 2020/1818 of 17 July 2020 supplementing Regulation (EU) 2016/1011 of the European Parliament and of the Council as regards minimum standards for UK Climate Transition Benchmarks and UK Paris-aligned Benchmarks",
  "legislation_url": "https://openlegislation.uk/eu-regulation-2020-1818",
  "path": "article/4",
  "kind": "article",
  "number": "4",
  "heading": "Calculation of GHG intensity or absolute GHG emissions",
  "text": "1. Administrators of UK Climate Transition Benchmarks and administrators of UK 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.\n2. 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.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "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)"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "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)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eur/2020/1818/article/4",
    "retrieved_at": "2026-11-01T14:42:19.280123+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}