SPT 1 definition
SPT 1 means the reduction of the sum of CO2e- emissions Scope 1 and Scope 2 by at least [SPT 1 Percentage] per cent. compared to the Base Year, subject to any Recalculation, by [SPT 1 Year].
SPT 1 means that the Fossil-fuel Independent Vehicles Percentage shall be equal to or more than fifty (50) per cent. by 31 December 2025.
SPT 1 means, in relation to any day, the cumulative electricity volume of the Issuer’s SPT 1 Businesses as at that day that is sourced from renewable sources, including (without limitation) on-site renewable electricity generation and renewable electricity supply agreements or where renewable sources are not reasonably practicable, from renewable source equivalents through (without limitation) renewable energy certificates, expressed as a percentage of total electricity as at that day for the Issuer’s SPT 1 Businesses.
Examples of SPT 1 in a sentence
Cumulative SPT 1 SPT 22 2022 8 44 2023 22 47 2024 45 50 2025 75 53 2026 88 56 1 SPT 1’s are cumulative (prior year submissions aggregate into the total).
More Definitions of SPT 1
SPT 1 means an increase in the Group’s Healthy Food Percentage in line with the applicable Sustainability Performance Target Milestone for the Relevant Period from the 2023 Healthy Food Baseline.
SPT 1 means ensuring that the Recycled Plastic Percentage is at least fifty-five (55) per cent. by 31 December 2026.
SPT 1 means a reduction in the Group’s total GHG Emissions, calculated under the market- based approach, by 55 per cent. per Tonnes Sold Food from the 2020 Baseline.
SPT 1 means that the Fossil-fuel Independent Vehicles Percentage shall be equal to or more than fifty sixty (5060) per cent. by 31 December 20252027.
SPT 1 means [in case of more than one SPT 1: (A)] [amount] kilogramme net CO2 emitted per ton of Cementitious Material (kg net CO2/t cem.) for the financial year [relevant year] (the "SPT 1 [in case of more than one SPT 1: (a)]") [in case of more than one SPT 1: [and] (B) [amount] kilogramme net CO2 emitted per ton of Cementitious Material (kg net CO2/t cem.) for the financial year [relevant year] (the "SPT 1(b)")].
SPT 1 means (A) 500 kilogramme net CO2 emitted per ton of Cementitious Material (kg net CO2/t cem.) for the financial year 2026 (the "SPT 1 (a)") and (B) 400 kilogramme net CO2 emitted per ton of Cementitious Material (kg net CO2/t cem.) for the financial year 2030 (the "SPT 1(b)").
SPT 1 means that the Fossil-fuel Independent Vehicles Percentage shall be equal to or more than fifty (50sixty-five (65) per cent. by 31 December 20252028.