Absolute GHG Emissions definition
Absolute GHG Emissions means GHG emissions from sectors included in the Republic’s National Greenhouse Gases Inventory (i.e., energy, industrial processes and product use, agriculture and waste, excluding the land use, land use change and forestry sector), which covers the Republic’s entire territory and includes carbon dioxide, methane, nitrous oxide, hydrofluorocarbons, perfluorocarbons, sulfur hexafluoride and nitrogen trifluoride, measured in MtCO2e.
Absolute GHG Emissions means the amount of the Group’s Scope 1 and Scope 2 GHG Emissions and the Group’s Scope 3 GHG Emissions, as at the end of the relevant Sustainability Performance Reference Period and calculated in good faith by the Issuer, reported in the relevant Consolidated disclosure of Non-Financial Information, which is subject to assurance by the External Verifier and, if a Recalculation Event occurs, recalculated in good faith by the Issuer, confirmed by SBTi (or any replacement or successor SBTi or, in the absence of any such replacement or successor, an equivalent source of confirmation identified by the Issuer) and disclosed in the relevant Consolidated disclosure of Non-Financial Information, in each case, published by the Issuer in accordance with Condition 13(A) (Available Information);
Absolute GHG Emissions means, for any period, the total aggregate amount of Scope 1 Emissions and Scope 2 Emissions for such period, which, for greater certainty, will not include the purchase of carbon offsets.
Examples of Absolute GHG Emissions in a sentence
Sustainability Performance Targets: SPT Event 1a: achieving annual Absolute GHG Emissions of 95 MtCO2e by December 31, 2030.
SPT Event 1b: achieving a maximum Absolute GHG Emissions budget of 1,100 MtCO2e between January 1, 2020 and December 31, 2030.
More Definitions of Absolute GHG Emissions
Absolute GHG Emissions means GHG emissions from sectors included in the Republic’s National Greenhouse Gases Inventory (i.e., energy, industrial processes and product use, agriculture and waste, excluding the land use, land use change and
Absolute GHG Emissions means the absolute amount of the sum of (i) direct greenhouse gas emissions from owned or controlled sources of the Issuer and any company which is controlled by the Issuer within the meaning of Article L.233-16 of the French Code de commerce, taken as a whole (the "Group") as defined by the GHG Protocol Standard (scope 1 emissions), and (ii) indirect greenhouse gas emissions from electricity, steam, heat and cooling purchased or acquired by the Group, as defined in the GHG Protocol Standard (scope 2 emissions), in each case expressed in kilo tons of carbon dioxide equivalent, as determined in good faith by the Issuer, confirmed by an External Verifier and published in the Sustainability Performance Reporting in accordance with Condition 4(d);
Absolute GHG Emissions means, for any period, the consolidated and absolute amount of operated Scope 1 Emissions and Scope 2 Emissions of the Borrower and its Subsidiaries for the most recently completed fiscal year as reported in the Annual ESG Report and calculated in accordance with (i) in the case of assets located in the United States of America, the American Petroleum Institute Compendium of Greenhouse Gas Emissions Methodology for the Oil and Natural Gas Industry (2009), and (ii) in the case of assets located in Canada, the Canadian Association of Petroleum Producers Calculating Greenhouse Gas Emissions (2003), and the US Environmental Protection Agency Mandatory Greenhouse Gas Reporting Rule. which, in each case, for greater certainty, will not include the purchase or sale of carbon offsets.