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Article 9 Baseline reduction of GHG intensity or absolute GHG emissions for UK Climate Transition BenchmarksF1

United Kingdom

Original text. Later amendments are not shown.

The GHG intensity or, where applicable, absolute GHG emissions for UK Climate Transition Benchmarks, including Scope 1, 2 and 3 GHG emissions, shall be at least 30 % lower than the GHG intensity or absolute GHG emissions of the investable universe.

For the purposes of the first subparagraph, Scope 3 GHG emissions shall be construed in accordance with the phase-in implementation period set out in Article 5.

Annotations

Textual amendments

F1

Words in Ch. 2 s. 2 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(5)

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)