Article 4 | Delegated Regulation 2020/1818

Article 4 - Calculation of GHG intensity or absolute GHG emissions

Article 4

Calculation of GHG intensity or absolute GHG emissions

1. Administrators of EU Climate Transition Benchmarks and administrators of EU 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.

2. Administrators of EU Climate Transition Benchmarks and administrators of EU Paris-aligned Benchmarks shall recalculate the GHG intensity and the absolute GHG emissions of those benchmarks on a yearly basis.

CHAPTER I - DEFINITIONS (Article 1)

CHAPTER II - MINIMUM STANDARDS FOR THE DESIGN OF THE BENCHMARK METHODOLOGY (Article 2-12)

SECTION 1 - MINIMUM STANDARDS COMMON FOR EU CLIMATE TRANSITION BENCHMARKS AND EU PARIS-ALIGNED BENCHMARKS (Article 2-8)Article 2 - Reference temperature scenario Article 3 - Equity allocation constraint Article 4 - Calculation of GHG intensity or absolute GHG emissions Article 5 - Phase-in of Scope 3 GHG emissions data in the benchmark methodology Article 6 - Companies setting and publishing GHG emission reduction targets Article 7 - Setting a decarbonisation trajectory Article 8 - Change in GHG intensity and absolute GHG emissions

SECTION 2 - MINIMUM STANDARDS FOR EU CLIMATE TRANSITION BENCHMARKS (Article 9-10)

SECTION 3 - MINIMUM STANDARDS FOR EU PARIS-ALIGNED BENCHMARKS (Article 11-12)

CHAPTER III - TRANSPARENCY AND ACCURACY (Article 13-15)

CHAPTER IV - FINAL PROVISIONS (Article 16)

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Article 4 - Calculation of GHG intensity or absolute GHG emissions

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