Climate Contract Playbook Edition 3
100
Net Zero Target means a net reduction of Greenhouse Gas emissions from all operations [including value and supply chains] to zero by a specified date so there is a balance between sources and sinks of Greenhouse Gases in a calendar year and for each subsequent year thereafter.
Clauses 1. Details of:
1.1. how climate change issues are considered in the Company’s corporate strategy and Business Plan (including examples of where the Company has mapped against the United Nations Sustainable Development Goal 13 (Climate Action)); 1.2. the Company’s Net Zero Target (if any); 1.3. the Company’s Carbon Budget (if any); and 1.4. if and how the Company assesses and discloses climate risks and opportunities with regard to the recommendations of the Task Force on Climate-related Financial Disclosure, The Company has and maintains a climate change risk register (detailing (i) any known or reasonably foreseeable climate change risks to its business (including upstream in its supply chain and downstream in its value chain), (ii) possible legal, financial and commercial impacts of climate change on its business, and (iii) any mitigation measures of such impact which the Company could reasonably adopt) and is included in the Disclosure Bundle. 3. The Company has a board member or an executive committee who/which is primarily accountable for measurement, management and reporting on climate risks, and the Company’s Net Zero Target and Carbon Budget (if any), and details of the board member or executive committee are Disclosed. 4. Details of how the Board integrates climate change factors into decision-making are set out in the Disclosure Letter. 5. Copies of all Material Climate Contracts are included in the Disclosure Bundle and identified as such. 6. [Where the Company conducts its business online, the Company offers customers, at the point of sale, the option to offset the Carbon Footprint.] OR [Details of opportunities offered by the Company to its customers to offset the Carbon Footprint are set out in the Disclosure Letter.] 7. Details of the steps the Company takes to reduce, recycle and reuse its waste (including plastic waste) are set out in the Disclosure Letter. 8. Details of engagement activities which the Company undertakes to educate and consult with its employees regarding climate change issues within the business of the Company are set out in the Disclosure Letter. are set out in the Disclosure Letter. 2.
Made with FlippingBook - professional solution for displaying marketing and sales documents online