{"id":482,"date":"2024-03-05T09:47:51","date_gmt":"2024-03-05T09:47:51","guid":{"rendered":"https:\/\/www.capitalmarketsmalaysia.com\/transition-strategy-toolkit\/?page_id=482"},"modified":"2024-03-15T07:42:58","modified_gmt":"2024-03-15T07:42:58","slug":"transition-strategy-toolkit","status":"publish","type":"page","link":"https:\/\/www.capitalmarketsmalaysia.com\/transition-strategy-toolkit\/transition-strategy-toolkit\/","title":{"rendered":"Transition Strategy Toolkit"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"482\" class=\"elementor elementor-482\">\n\t\t\t\t<div class=\"elementor-element elementor-element-59a0df0 e-flex e-con-boxed e-con e-parent\" data-id=\"59a0df0\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-e14f3b1 elementor-widget elementor-widget-spacer\" data-id=\"e14f3b1\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f5e2996 elementor-hidden-desktop elementor-hidden-tablet elementor-hidden-mobile elementor-widget elementor-widget-heading\" data-id=\"f5e2996\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Welcome to the <br \/>Transition Strategy Toolkit  <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-938fe11 e-flex e-con-boxed e-con e-child\" data-id=\"938fe11\" data-element_type=\"container\" id=\"risk-form\" 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var(--gf-field-img-choice-check-ind-icon-size-md);--gf-field-pg-steps-number-color: rgba(17, 35, 55, 0.8);}<\/style><div id='gf_2' class='gform_anchor' tabindex='-1'><\/div>\n                        <div class='gform_heading'>\n                            <h2 class=\"gform_title\">cbi-toolkit-form<\/h2>\n                            <p class='gform_description'><\/p>\n                        <\/div><form method='post' enctype='multipart\/form-data'  id='gform_2'  action='\/transition-strategy-toolkit\/wp-json\/wp\/v2\/pages\/482#gf_2' data-formid='2' novalidate>\n        <div id='gf_progressbar_wrapper_2' class='gf_progressbar_wrapper' data-start-at-zero=''>\n        \t<p class=\"gf_progressbar_title\">Step <span class='gf_step_current_page'>1<\/span> of <span class='gf_step_page_count'>7<\/span><span class='gf_step_page_name'><\/span>\n        \t<\/p>\n            <div class='gf_progressbar gf_progressbar_blue' aria-hidden='true'>\n                <div class='gf_progressbar_percentage percentbar_blue percentbar_14' style='width:14%;'><span>14%<\/span><\/div>\n            <\/div><\/div>\n                        <div class='gform-body gform_body'><div id='gform_page_2_1' class='gform_page ' data-js='page-field-id-0' >\n                                    <div class='gform_page_fields'><div id='gform_fields_2' class='gform_fields top_label form_sublabel_below description_below validation_below'><div id=\"field_2_176\" class=\"gfield gfield--type-section gfield--input-type-section gsection field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_hidden\"  data-js-reload=\"field_2_176\" ><div class=\"admin-hidden-markup\"><i class=\"gform-icon gform-icon--hidden\" aria-hidden=\"true\" title=\"This field is hidden when viewing the form\"><\/i><span>This field is hidden when viewing the form<\/span><\/div><h3 class=\"gsection_title\">Registration<\/h3><\/div><div id=\"field_2_96\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full exclude gfield_html gfield_html_formatted gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_96\" ><h2>Register<\/h2>\n<div>Enter the following information to begin your journey.  <\/div><\/div><div id=\"field_2_21\" class=\"gfield gfield--type-text gfield--input-type-text gfield--width-half gfield_contains_required field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_21\" ><label class='gfield_label gform-field-label' for='input_2_21'>Company<span class=\"gfield_required\"><span class=\"gfield_required gfield_required_text\">(Required)<\/span><\/span><\/label><div class='ginput_container ginput_container_text'><input name='input_21' id='input_2_21' type='text' value='' class='large'     aria-required=\"true\" aria-invalid=\"false\"   \/><\/div><\/div><div id=\"field_2_5\" class=\"gfield gfield--type-text gfield--input-type-text gfield--width-half gfield_contains_required field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_5\" ><label class='gfield_label gform-field-label' for='input_2_5'>Name<span class=\"gfield_required\"><span class=\"gfield_required gfield_required_text\">(Required)<\/span><\/span><\/label><div class='ginput_container ginput_container_text'><input name='input_5' id='input_2_5' type='text' value='' class='large'     aria-required=\"true\" aria-invalid=\"false\"   \/><\/div><\/div><div id=\"field_2_4\" class=\"gfield gfield--type-email gfield--input-type-email gfield--width-half gfield_contains_required field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_4\" ><label class='gfield_label gform-field-label' for='input_2_4'>Email<span class=\"gfield_required\"><span class=\"gfield_required gfield_required_text\">(Required)<\/span><\/span><\/label><div class='ginput_container ginput_container_email'>\n                            <input name='input_4' id='input_2_4' type='email' value='' class='large'    aria-required=\"true\" aria-invalid=\"false\"  \/>\n                        <\/div><\/div><div id=\"field_2_6\" class=\"gfield gfield--type-select gfield--input-type-select gfield--width-half gfield_contains_required field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_6\" ><label class='gfield_label gform-field-label' for='input_2_6'>Country<span class=\"gfield_required\"><span class=\"gfield_required gfield_required_text\">(Required)<\/span><\/span><\/label><div class='ginput_container ginput_container_select'><select name='input_6' id='input_2_6' class='large gfield_select'    aria-required=\"true\" aria-invalid=\"false\" ><option value='Afghanistan' >Afghanistan<\/option><option value='Albania' >Albania<\/option><option value='Algeria' >Algeria<\/option><option value='American Samoa' >American Samoa<\/option><option value='Andorra' >Andorra<\/option><option value='Angola' >Angola<\/option><option value='Anguilla' >Anguilla<\/option><option value='Antarctica' >Antarctica<\/option><option value='Antigua and Barbuda' >Antigua and Barbuda<\/option><option value='Argentina' >Argentina<\/option><option value='Armenia' >Armenia<\/option><option value='Aruba' >Aruba<\/option><option value='Australia' >Australia<\/option><option value='Austria' >Austria<\/option><option value='Azerbaijan' >Azerbaijan<\/option><option value='Bahamas' >Bahamas<\/option><option value='Bahrain' >Bahrain<\/option><option value='Bangladesh' >Bangladesh<\/option><option value='Barbados' >Barbados<\/option><option value='Belarus' >Belarus<\/option><option value='Belgium' >Belgium<\/option><option value='Belize' >Belize<\/option><option value='Benin' >Benin<\/option><option value='Bermuda' >Bermuda<\/option><option value='Bhutan' >Bhutan<\/option><option value='Bolivia' >Bolivia<\/option><option value='Bonaire, Sint Eustatius and Saba' >Bonaire, Sint Eustatius and Saba<\/option><option value='Bosnia and Herzegovina' >Bosnia and Herzegovina<\/option><option value='Botswana' >Botswana<\/option><option value='Bouvet Island' >Bouvet Island<\/option><option value='Brazil' >Brazil<\/option><option value='British Indian Ocean Territory' >British Indian Ocean Territory<\/option><option value='Brunei Darussalam' >Brunei Darussalam<\/option><option value='Bulgaria' >Bulgaria<\/option><option value='Burkina Faso' >Burkina Faso<\/option><option value='Burundi' >Burundi<\/option><option value='Cabo Verde' >Cabo Verde<\/option><option value='Cambodia' >Cambodia<\/option><option value='Cameroon' >Cameroon<\/option><option value='Canada' >Canada<\/option><option value='Cayman Islands' >Cayman Islands<\/option><option value='Central African Republic' >Central African Republic<\/option><option value='Chad' >Chad<\/option><option value='Chile' >Chile<\/option><option value='China' >China<\/option><option value='Christmas Island' >Christmas Island<\/option><option value='Cocos Islands' >Cocos Islands<\/option><option value='Colombia' >Colombia<\/option><option value='Comoros' >Comoros<\/option><option value='Congo' >Congo<\/option><option value='Congo, Democratic Republic of the' >Congo, Democratic Republic of the<\/option><option value='Cook Islands' >Cook Islands<\/option><option value='Costa Rica' >Costa Rica<\/option><option value='Croatia' >Croatia<\/option><option value='Cuba' >Cuba<\/option><option value='Cura\u00e7ao' >Cura\u00e7ao<\/option><option value='Cyprus' >Cyprus<\/option><option value='Czechia' >Czechia<\/option><option value='C\u00f4te d&#039;Ivoire' >C\u00f4te d&#039;Ivoire<\/option><option value='Denmark' >Denmark<\/option><option value='Djibouti' >Djibouti<\/option><option value='Dominica' >Dominica<\/option><option value='Dominican Republic' >Dominican Republic<\/option><option value='Ecuador' >Ecuador<\/option><option value='Egypt' >Egypt<\/option><option value='El Salvador' >El Salvador<\/option><option value='Equatorial Guinea' >Equatorial Guinea<\/option><option value='Eritrea' >Eritrea<\/option><option value='Estonia' >Estonia<\/option><option value='Eswatini' >Eswatini<\/option><option value='Ethiopia' >Ethiopia<\/option><option value='Falkland Islands' >Falkland Islands<\/option><option value='Faroe Islands' >Faroe Islands<\/option><option value='Fiji' >Fiji<\/option><option value='Finland' >Finland<\/option><option value='France' >France<\/option><option value='French Guiana' >French Guiana<\/option><option value='French Polynesia' >French Polynesia<\/option><option value='French Southern Territories' >French Southern Territories<\/option><option value='Gabon' >Gabon<\/option><option value='Gambia' >Gambia<\/option><option value='Georgia' >Georgia<\/option><option value='Germany' >Germany<\/option><option value='Ghana' >Ghana<\/option><option value='Gibraltar' >Gibraltar<\/option><option value='Greece' >Greece<\/option><option value='Greenland' >Greenland<\/option><option value='Grenada' >Grenada<\/option><option value='Guadeloupe' >Guadeloupe<\/option><option value='Guam' >Guam<\/option><option value='Guatemala' >Guatemala<\/option><option value='Guernsey' >Guernsey<\/option><option value='Guinea' >Guinea<\/option><option value='Guinea-Bissau' >Guinea-Bissau<\/option><option value='Guyana' >Guyana<\/option><option value='Haiti' >Haiti<\/option><option value='Heard Island and McDonald Islands' >Heard Island and McDonald Islands<\/option><option value='Holy See' >Holy See<\/option><option value='Honduras' >Honduras<\/option><option value='Hong Kong' >Hong Kong<\/option><option value='Hungary' >Hungary<\/option><option value='Iceland' >Iceland<\/option><option value='India' >India<\/option><option value='Indonesia' >Indonesia<\/option><option value='Iran' >Iran<\/option><option value='Iraq' >Iraq<\/option><option value='Ireland' >Ireland<\/option><option value='Isle of Man' >Isle of Man<\/option><option value='Israel' >Israel<\/option><option value='Italy' >Italy<\/option><option value='Jamaica' >Jamaica<\/option><option value='Japan' >Japan<\/option><option value='Jersey' >Jersey<\/option><option value='Jordan' >Jordan<\/option><option value='Kazakhstan' >Kazakhstan<\/option><option value='Kenya' >Kenya<\/option><option value='Kiribati' >Kiribati<\/option><option value='Korea, Democratic People&#039;s Republic of' >Korea, Democratic People&#039;s Republic of<\/option><option value='Korea, Republic of' >Korea, Republic of<\/option><option value='Kuwait' >Kuwait<\/option><option value='Kyrgyzstan' >Kyrgyzstan<\/option><option value='Lao People&#039;s Democratic Republic' >Lao People&#039;s Democratic Republic<\/option><option value='Latvia' >Latvia<\/option><option value='Lebanon' >Lebanon<\/option><option value='Lesotho' >Lesotho<\/option><option value='Liberia' >Liberia<\/option><option value='Libya' >Libya<\/option><option value='Liechtenstein' >Liechtenstein<\/option><option value='Lithuania' >Lithuania<\/option><option value='Luxembourg' >Luxembourg<\/option><option value='Macao' >Macao<\/option><option value='Madagascar' >Madagascar<\/option><option value='Malawi' >Malawi<\/option><option value='Malaysia' selected='selected'>Malaysia<\/option><option value='Maldives' >Maldives<\/option><option value='Mali' >Mali<\/option><option value='Malta' >Malta<\/option><option value='Marshall Islands' >Marshall Islands<\/option><option value='Martinique' >Martinique<\/option><option value='Mauritania' >Mauritania<\/option><option value='Mauritius' >Mauritius<\/option><option value='Mayotte' >Mayotte<\/option><option value='Mexico' >Mexico<\/option><option value='Micronesia' >Micronesia<\/option><option value='Moldova' >Moldova<\/option><option value='Monaco' >Monaco<\/option><option value='Mongolia' >Mongolia<\/option><option value='Montenegro' >Montenegro<\/option><option value='Montserrat' >Montserrat<\/option><option value='Morocco' >Morocco<\/option><option value='Mozambique' >Mozambique<\/option><option value='Myanmar' >Myanmar<\/option><option value='Namibia' >Namibia<\/option><option value='Nauru' >Nauru<\/option><option value='Nepal' >Nepal<\/option><option value='Netherlands' >Netherlands<\/option><option value='New Caledonia' >New Caledonia<\/option><option value='New Zealand' >New Zealand<\/option><option value='Nicaragua' >Nicaragua<\/option><option value='Niger' >Niger<\/option><option value='Nigeria' >Nigeria<\/option><option value='Niue' >Niue<\/option><option value='Norfolk Island' >Norfolk Island<\/option><option value='North Macedonia' >North Macedonia<\/option><option value='Northern Mariana Islands' >Northern Mariana Islands<\/option><option value='Norway' >Norway<\/option><option value='Oman' >Oman<\/option><option value='Pakistan' >Pakistan<\/option><option value='Palau' >Palau<\/option><option value='Palestine, State of' >Palestine, State of<\/option><option value='Panama' >Panama<\/option><option value='Papua New Guinea' >Papua New Guinea<\/option><option value='Paraguay' >Paraguay<\/option><option value='Peru' >Peru<\/option><option value='Philippines' >Philippines<\/option><option value='Pitcairn' >Pitcairn<\/option><option value='Poland' >Poland<\/option><option value='Portugal' >Portugal<\/option><option value='Puerto Rico' >Puerto Rico<\/option><option value='Qatar' >Qatar<\/option><option value='Romania' >Romania<\/option><option value='Russian Federation' >Russian Federation<\/option><option value='Rwanda' >Rwanda<\/option><option value='R\u00e9union' >R\u00e9union<\/option><option value='Saint Barth\u00e9lemy' >Saint Barth\u00e9lemy<\/option><option value='Saint Helena, Ascension and Tristan da Cunha' >Saint Helena, Ascension and Tristan da Cunha<\/option><option value='Saint Kitts and Nevis' >Saint Kitts and Nevis<\/option><option value='Saint Lucia' >Saint Lucia<\/option><option value='Saint Martin' >Saint Martin<\/option><option value='Saint Pierre and Miquelon' >Saint Pierre and Miquelon<\/option><option value='Saint Vincent and the Grenadines' >Saint Vincent and the Grenadines<\/option><option value='Samoa' >Samoa<\/option><option value='San Marino' >San Marino<\/option><option value='Sao Tome and Principe' >Sao Tome and Principe<\/option><option value='Saudi Arabia' >Saudi Arabia<\/option><option value='Senegal' >Senegal<\/option><option value='Serbia' >Serbia<\/option><option value='Seychelles' >Seychelles<\/option><option value='Sierra Leone' >Sierra Leone<\/option><option value='Singapore' >Singapore<\/option><option value='Sint Maarten' >Sint Maarten<\/option><option value='Slovakia' >Slovakia<\/option><option value='Slovenia' >Slovenia<\/option><option value='Solomon Islands' >Solomon Islands<\/option><option value='Somalia' >Somalia<\/option><option value='South Africa' >South Africa<\/option><option value='South Georgia and the South Sandwich Islands' >South Georgia and the South Sandwich Islands<\/option><option value='South Sudan' >South Sudan<\/option><option value='Spain' >Spain<\/option><option value='Sri Lanka' >Sri Lanka<\/option><option value='Sudan' >Sudan<\/option><option value='Suriname' >Suriname<\/option><option value='Svalbard and Jan Mayen' >Svalbard and Jan Mayen<\/option><option value='Sweden' >Sweden<\/option><option value='Switzerland' >Switzerland<\/option><option value='Syria Arab Republic' >Syria Arab Republic<\/option><option value='Taiwan' >Taiwan<\/option><option value='Tajikistan' >Tajikistan<\/option><option value='Tanzania, the United Republic of' >Tanzania, the United Republic of<\/option><option value='Thailand' >Thailand<\/option><option value='Timor-Leste' >Timor-Leste<\/option><option value='Togo' >Togo<\/option><option value='Tokelau' >Tokelau<\/option><option value='Tonga' >Tonga<\/option><option value='Trinidad and Tobago' >Trinidad and Tobago<\/option><option value='Tunisia' >Tunisia<\/option><option value='Turkmenistan' >Turkmenistan<\/option><option value='Turks and Caicos Islands' >Turks and Caicos Islands<\/option><option value='Tuvalu' >Tuvalu<\/option><option value='T\u00fcrkiye' >T\u00fcrkiye<\/option><option value='US Minor Outlying Islands' >US Minor Outlying Islands<\/option><option value='Uganda' >Uganda<\/option><option value='Ukraine' >Ukraine<\/option><option value='United Arab Emirates' >United Arab Emirates<\/option><option value='United Kingdom' >United Kingdom<\/option><option value='United States' >United States<\/option><option value='Uruguay' >Uruguay<\/option><option value='Uzbekistan' >Uzbekistan<\/option><option value='Vanuatu' >Vanuatu<\/option><option value='Venezuela' >Venezuela<\/option><option value='Viet Nam' >Viet Nam<\/option><option value='Virgin Islands, British' >Virgin Islands, British<\/option><option value='Virgin Islands, U.S.' >Virgin Islands, U.S.<\/option><option value='Wallis and Futuna' >Wallis and Futuna<\/option><option value='Western Sahara' >Western Sahara<\/option><option value='Yemen' >Yemen<\/option><option value='Zambia' >Zambia<\/option><option value='Zimbabwe' >Zimbabwe<\/option><option value='\u00c5land Islands' >\u00c5land Islands<\/option><\/select><\/div><\/div><div id=\"field_2_177\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full small-note gfield_html gfield_html_formatted gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_177\" ><p style=\"color:red;\"><strong>Note:<\/strong> Registration details are collected by Capital Markets Malaysia for our internal tracking purposes and will not be shared with any third party. The final report downloaded by users will not be accessible to any other party apart from the user.<\/p><\/div><\/div>\n                    <\/div>\n                    <div class='gform-page-footer gform_page_footer top_label'>\n                         <input type='button' id='gform_next_button_2_22' class='gform_next_button gform-theme-button button' onclick='gform.submission.handleButtonClick(this);' value='Next'  \/> \n                    <\/div>\n                <\/div>\n                <div id='gform_page_2_2' class='gform_page' data-js='page-field-id-22' style='display:none;'>\n                    <div class='gform_page_fields'>\n                        <div id='gform_fields_2_2' class='gform_fields top_label form_sublabel_below description_below validation_below'><div id=\"field_2_144\" class=\"gfield gfield--type-section gfield--input-type-section gsection for-pdf-only field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_144\" ><h3 class=\"gsection_title\">Risk Assessment<\/h3><\/div><div id=\"field_2_23\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full exclude gfield_html gfield_html_formatted gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_23\" ><h2>Risk Assessment<\/h2>\n<p>Before designing the entity\u2019s climate transition journey, the first step is to understand the risks that the entity is exposed to. Below is a methodology of assessment.<\/p><\/div><div id=\"field_2_106\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full question exclude gfield_html gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_106\" ><ol start=\"1\">\n\t\t<li>Has the entity assessed the <span class=\"climate-change-risks with-tooltip risk-line\">climate change risks<\/span> it faces?<\/li>\n\t<\/ol><\/div><fieldset id=\"field_2_24\" class=\"gfield gfield--type-radio gfield--type-choice gfield--input-type-radio gfield--width-full pdf-indent gfield_contains_required field_sublabel_below gfield--no-description field_description_below hidden_label field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_24\" ><legend class='gfield_label gform-field-label' >1. Has the entity assessed the climate change risks it faces?<span class=\"gfield_required\"><span class=\"gfield_required gfield_required_text\">(Required)<\/span><\/span><\/legend><div class='ginput_container ginput_container_radio'><div class='gfield_radio' id='input_2_24'>\n\t\t\t<div class='gchoice gchoice_2_24_0'>\n\t\t\t\t\t<input class='gfield-choice-input' name='input_24' type='radio' value='No, what are the risks I should consider?'  id='choice_2_24_0' onchange='gformToggleRadioOther( this )'    \/>\n\t\t\t\t\t<label for='choice_2_24_0' id='label_2_24_0' class='gform-field-label gform-field-label--type-inline'>No, what are the risks I should consider?<\/label>\n\t\t\t<\/div>\n\t\t\t<div class='gchoice gchoice_2_24_1'>\n\t\t\t\t\t<input class='gfield-choice-input' name='input_24' type='radio' value='Yes, I have mapped my risks. Now what do I do?'  id='choice_2_24_1' onchange='gformToggleRadioOther( this )'    \/>\n\t\t\t\t\t<label for='choice_2_24_1' id='label_2_24_1' class='gform-field-label gform-field-label--type-inline'>Yes, I have mapped my risks. Now what do I do?<\/label>\n\t\t\t<\/div><\/div><\/div><\/fieldset><div id=\"field_2_25\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full answer-no gfield_html gfield_html_formatted gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_25\" >Two types of risk could impact the entity\u2019s business, <span class=\"transition-risk-and-physical-risk with-tooltip\">transition risk and physical risk<\/span>.<\/p><\/div><div id=\"field_2_26\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full answer-yes gfield_html gfield_html_formatted gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_26\" ><p>Once the entity has assessed its climate change risks, the next step is to translate these climate risks and opportunities (physical and transition) into principal business risks and opportunities (e.g., operational, financial, and reputational). This is also considered a materiality assessment whereby the entity will translate climate change-related risks to risk factors that could affect the long-term financial sustainability of the business and its stakeholders.<\/p>\n<p>This assessment will now help the entity identify its vital risks that should be addressed as a priority in the entity's transition plan and understand the feasibility of its overarching climate ambition.<\/p>\n\t<p>Once priority transition risk exposures have been identified, baselining exercises should determine a reference point in time against which emission reductions in the future are measured.<\/p><\/div><div id=\"field_2_105\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full question exclude gfield_html gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_105\" ><ol start=\"2\">\n\t\t<li>Now that the entity has identified its risks, it will now need to identify activities that mitigate these risks. This would require the entity to undertake a <span class=\"decarbonisation-levers-assessment with-tooltip risk-line\">decarbonisation levers assessment<\/span>. <\/li>\n\t<\/ol><\/div><fieldset id=\"field_2_29\" class=\"gfield gfield--type-radio gfield--type-choice gfield--input-type-radio gfield--width-full pdf-indent pdf-gap gfield_contains_required field_sublabel_below gfield--no-description field_description_below hidden_label field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_29\" ><legend class='gfield_label gform-field-label' >2. Now that the entity has identified its risks, it will now need to identify activities that mitigate these risks. This would require the entity to undertake a decarbonisation levers assessment.<span class=\"gfield_required\"><span class=\"gfield_required gfield_required_text\">(Required)<\/span><\/span><\/legend><div class='ginput_container ginput_container_radio'><div class='gfield_radio' id='input_2_29'>\n\t\t\t<div class='gchoice gchoice_2_29_0'>\n\t\t\t\t\t<input class='gfield-choice-input' name='input_29' type='radio' value='I have not done this. How do I do so?'  id='choice_2_29_0' onchange='gformToggleRadioOther( this )'    \/>\n\t\t\t\t\t<label for='choice_2_29_0' id='label_2_29_0' class='gform-field-label gform-field-label--type-inline'>I have not done this. How do I do so?<\/label>\n\t\t\t<\/div>\n\t\t\t<div class='gchoice gchoice_2_29_1'>\n\t\t\t\t\t<input class='gfield-choice-input' name='input_29' type='radio' value='Yes I have done so.'  id='choice_2_29_1' onchange='gformToggleRadioOther( this )'    \/>\n\t\t\t\t\t<label for='choice_2_29_1' id='label_2_29_1' class='gform-field-label gform-field-label--type-inline'>Yes I have done so.<\/label>\n\t\t\t<\/div><\/div><\/div><\/fieldset><div id=\"field_2_30\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full answer-no gfield_html gfield_html_formatted gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_30\" ><p><strong>Step 1:<\/strong> Conducting an <span class=\"economic-abatement-capacity-assessment with-tooltip\">economic abatement capacity assessment<\/span>, in which it analyses the proportion of its emissions that are economical to abate using current technologies or projected to be economical-to-abate in the near future. <\/p>\n<p>For example, it may already be economical to switch to a renewable power purchasing agreement or invest in operational efficiencies that reduce emissions. This assessment should cover the potential for reducing scope 3 emissions, e.g., via engagement with entities along the value chain.<\/p>\n\n<p><strong>Step 2: <\/strong>Analysing interdependencies that may arise when designing a transition plan. For example, the entity should consider material interdependencies between climate action and the natural environment, and stakeholders such as the workforce, supply chains, communities or customers.<\/p><\/div><div id=\"field_2_31\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full answer-yes gfield_html gfield_html_formatted gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_31\" ><p>If the entity has completed this assessment, it can now identify activities that could lead to decarbonisation in the short term.<\/p><\/div><div id=\"field_2_108\" class=\"gfield gfield--type-section gfield--input-type-section gsection exclude field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_108\" ><h3 class=\"gsection_title\"><\/h3><\/div><div id=\"field_2_107\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full exclude gfield_html gfield_html_formatted gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_107\" ><div style=\"background:#3368a7; color:#fff; padding:2em; text-align:center;\">If the entity has completed this assessment, it can now set its transition strategy.<\/div><\/div><\/div>\n                    <\/div>\n                    <div class='gform-page-footer gform_page_footer top_label'>\n                        <input type='button' id='gform_previous_button_2_8' class='gform_previous_button gform-theme-button gform-theme-button--secondary button' onclick='gform.submission.handleButtonClick(this);' value='Previous'  \/> <input type='button' id='gform_next_button_2_8' class='gform_next_button gform-theme-button button' onclick='gform.submission.handleButtonClick(this);' value='Next'  \/> \n                    <\/div>\n                <\/div>\n                <div id='gform_page_2_3' class='gform_page' data-js='page-field-id-8' style='display:none;'>\n                    <div class='gform_page_fields'>\n                        <div id='gform_fields_2_3' class='gform_fields top_label form_sublabel_below description_below validation_below'><div id=\"field_2_145\" class=\"gfield gfield--type-section gfield--input-type-section gsection for-pdf-only pagebreak field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_hidden\"  data-js-reload=\"field_2_145\" ><div class=\"admin-hidden-markup\"><i class=\"gform-icon gform-icon--hidden\" aria-hidden=\"true\" title=\"This field is hidden when viewing the form\"><\/i><span>This field is hidden when viewing the form<\/span><\/div><h3 class=\"gsection_title\">Hallmark 1<\/h3><\/div><div id=\"field_2_9\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full intro color-h1 gfield_html gfield_html_formatted gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_9\" ><div class=\"hallmark\">HALLMARK 1<\/div>\n<div class=\"subtitle\">Performance Targets: The importance of key performance indicators<\/div>\n<div class=\"info\">Setting a <span class=\"performance-target with-tooltip\">performance target<\/span> is one of the first critical actions undertaken to start building a transition plan. An entity should define a suite of metrics, targets, and key performance indicators (KPIs) that can be used to assess whether it is making progress towards the strategic objectives and priorities identified.<\/div><\/div><div id=\"field_2_44\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full question exclude gfield_html gfield_html_formatted gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_44\" ><ol start=\"1\">\n\t\t<li>Is the entity\u2019s chosen pathway <span class=\"paris-aligned with-tooltip h1-line\">Paris-aligned<\/span>?<\/li>\n\t<\/ol><\/div><fieldset id=\"field_2_10\" class=\"gfield gfield--type-radio gfield--type-choice gfield--input-type-radio gfield--width-full pdf-indent gfield_contains_required field_sublabel_below gfield--no-description field_description_below hidden_label field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_10\" ><legend class='gfield_label gform-field-label' >1. Is the entity\u2019s chosen pathway Paris-aligned?<span class=\"gfield_required\"><span class=\"gfield_required gfield_required_text\">(Required)<\/span><\/span><\/legend><div class='ginput_container ginput_container_radio'><div class='gfield_radio' id='input_2_10'>\n\t\t\t<div class='gchoice gchoice_2_10_0'>\n\t\t\t\t\t<input class='gfield-choice-input' name='input_10' type='radio' value='No, they are not based on a 2\u00b0C and below &lt;span class=&quot;pathway with-tooltip h1-line&quot;&gt;pathway&lt;\/span&gt;. How shall an entity do this?'  id='choice_2_10_0' onchange='gformToggleRadioOther( this )'    \/>\n\t\t\t\t\t<label for='choice_2_10_0' id='label_2_10_0' class='gform-field-label gform-field-label--type-inline'>No, they are not based on a 2\u00b0C and below <span class=\"pathway with-tooltip h1-line\">pathway<\/span>. How shall an entity do this?<\/label>\n\t\t\t<\/div>\n\t\t\t<div class='gchoice gchoice_2_10_1'>\n\t\t\t\t\t<input class='gfield-choice-input' name='input_10' type='radio' value='No, they are not based on a 2\u00b0C and below pathway but make economic sense from a financial sustainability standpoint.'  id='choice_2_10_1' onchange='gformToggleRadioOther( this )'    \/>\n\t\t\t\t\t<label for='choice_2_10_1' id='label_2_10_1' class='gform-field-label gform-field-label--type-inline'>No, they are not based on a 2\u00b0C and below pathway but make economic sense from a financial sustainability standpoint.<\/label>\n\t\t\t<\/div>\n\t\t\t<div class='gchoice gchoice_2_10_2'>\n\t\t\t\t\t<input class='gfield-choice-input' name='input_10' type='radio' value='The pathways are aligned to the entity&#039;s domiciled country&#039;s &lt;span class=&quot;nationally-determined with-tooltip h1-line&quot;&gt;Nationally Determined Contributions&lt;\/span&gt;.'  id='choice_2_10_2' onchange='gformToggleRadioOther( this )'    \/>\n\t\t\t\t\t<label for='choice_2_10_2' id='label_2_10_2' class='gform-field-label gform-field-label--type-inline'>The pathways are aligned to the entity's domiciled country's <span class=\"nationally-determined with-tooltip h1-line\">Nationally Determined Contributions<\/span>.<\/label>\n\t\t\t<\/div><\/div><\/div><\/fieldset><div id=\"field_2_11\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full hallmark-note gfield_html gfield_html_formatted gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_11\" ><p>Emission reduction transition pathways chart the annual reductions in GHG emissions needed to align with global carbon budgets. <\/p>\n<p>Ambitious targets vary by sector, and these can be found in the sector-specific decarbonisation pathway guidance from Climate Bonds' sector criteria. Other standard setters and international organisations, such as Transition Pathway Initiative, Science Based Targets Initiative, etc., also guide science-based sectoral decarbonisation pathways<\/p><\/div><div id=\"field_2_12\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full hallmark-note gfield_html gfield_html_formatted gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_12\" ><p>The financial sustainability target is relatively short term as the risks of not being Paris-aligned will enhance the climate change-related risks for an entity\u2019s business, especially if it is part of the global supply chain. <\/p>\n\n<p>The transition and physical risks of climate change will inevitably impact businesses; in addition, investors and financial institutions will soon be demanding more credible ambitions. <\/p>\n<\/div><div id=\"field_2_14\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full hallmark-note gfield_html gfield_html_formatted gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_14\" ><p><strong>Malaysia:<\/strong> Its economy-wide carbon intensity (against GDP) of 45% in 2030 compared to 2005 level.<\/p>\n\nNDCs of other ASEAN member states:\n<ul class=\"moregap\"><li><strong>Brunei: <\/strong>A target of a 20% reduction of GHG emissions by 2030, with a base year of 2015<\/li>\n<li><strong>Cambodia:<\/strong> GHG reduction target to 41.7% (of which 59.1% is from forestry and land use) by 2030 or equivalent to 64.6 MtCO2e with a base year of 2010<\/li>\n<li><strong>Indonesia:<\/strong> Unconditional target of 32% below its business-as-usual scenario (BAU) and conditional target of 43% below its BAU - net zero emissions by 2060<\/li>\n<li><strong>Laos:<\/strong> Unconditional 60% GHG emission reductions target by 2030 compared to baseline scenario, or around 62,000 ktCO2e in absolute terms<\/li>\n<li><strong>Myanmar: <\/strong>Reduce net emissions by 50% by 2050 - target 100% conditional<\/li>\n<li><strong>Philippines:<\/strong> Reducing greenhouse gas emissions by 75% below a cumulative business as usual (BAU) pathway for 2020-2030, of which only 2.71% is unconditional. No net zero emissions target year<\/li>\t\n<li><strong>Singapore: <\/strong>Bringing down its absolute emissions limit from 65 MtCO2e in 2030 to 60 MtCO2e* in 2030 and bring forward its emissions peak from 'around 2030' to before 2030 with a net zero target by 2050<\/li>\t\n<li><strong>Thailand:<\/strong> Reduce greenhouse gas emissions by 30% from projected business-as-usual level by 2030 with a net zero emissions target of 2065<\/li>\n<li><strong>Vietnam:<\/strong> Unconditionally committed to reducing GHG emissions by 15.8% below business-as-usual (BAU) levels by 2030. Vietnam is willing to reduce GHG emissions by 43.5% below BAU, conditional on international support and a net zero emissions target by 2050<\/li>\n<\/ul><\/div><div id=\"field_2_17\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full exclude gfield_html gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_17\" >\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"520\" class=\"elementor elementor-520\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f13df9d e-flex e-con-boxed e-con e-parent\" data-id=\"f13df9d\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3c460f7 elementor-widget elementor-widget-html\" data-id=\"3c460f7\" data-element_type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<script>\r\njQuery(document).ready(function($) {\r\nvar delay = 100; setTimeout(function() {\r\n$('.elementor-tab-title').removeClass('elementor-active');\r\n $('.elementor-tab-content').css('display', 'none'); }, delay);\r\n});\r\n<\/script>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c2d345f color-h1 elementor-widget elementor-widget-accordion\" data-id=\"c2d345f\" data-element_type=\"widget\" data-widget_type=\"accordion.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-accordion\">\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-2041\" class=\"elementor-tab-title\" data-tab=\"1\" role=\"button\" aria-controls=\"elementor-tab-content-2041\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><svg class=\"e-font-icon-svg e-fas-plus-square\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M400 32H48C21.5 32 0 53.5 0 80v352c0 26.5 21.5 48 48 48h352c26.5 0 48-21.5 48-48V80c0-26.5-21.5-48-48-48zm-32 252c0 6.6-5.4 12-12 12h-92v92c0 6.6-5.4 12-12 12h-56c-6.6 0-12-5.4-12-12v-92H92c-6.6 0-12-5.4-12-12v-56c0-6.6 5.4-12 12-12h92v-92c0-6.6 5.4-12 12-12h56c6.6 0 12 5.4 12 12v92h92c6.6 0 12 5.4 12 12v56z\"><\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><svg class=\"e-font-icon-svg e-fas-minus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h384c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">Further Consideration<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-2041\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"1\" role=\"region\" aria-labelledby=\"elementor-tab-title-2041\"><strong>Pathways for entities to consider<\/strong>\n\nClimate Bonds have a set of recommended pathways for selected sectors, including cement, steel, basic chemicals, and agriculture, which are available on <a href=\"https:\/\/www.climatebonds.net\/standard\/sector-criteria\" target=\"_blank\" rel=\"noopener\">Climate Bonds\u2019 website<\/a>. The targets in a transition plan can then be compared against the relevant sector pathway to determine whether the reductions are sufficiently ambitious.\n<ul>\n \t<li><a href=\"https:\/\/www.climatebonds.net\/standard\/cement\" target=\"_blank\" rel=\"noopener\">Cement<\/a><\/li>\n \t<li><a href=\"https:\/\/www.climatebonds.net\/standard\/Steel\" target=\"_blank\" rel=\"noopener\">Steel<\/a><\/li>\n \t<li><a href=\"https:\/\/www.climatebonds.net\/standard\/basic-chemicals\" target=\"_blank\" rel=\"noopener\">Basic Chemical<\/a><\/li>\n \t<li><a href=\"https:\/\/www.climatebonds.net\/standard\/agriculture\" target=\"_blank\" rel=\"noopener\">Agriculture<\/a><\/li>\n \t<li>The <span ><a  href=\"https:\/\/www.theacmf.org\/sustainable-finance\/publications\/asean-taxonomy-for-sustainable-finance-version-2\">ASEAN Taxonomy for Sustainable Finance<\/a><\/span> contains technical screening criteria for the energy sector, which could serve as guidance for Southeast Asian financial institutions and corporates in determining the energy sector relevant pathway.<\/li>\n<\/ul>\nThe climate mitigation performance targets should be aligned with recognised, science-based sectoral decarbonisation pathways aligned with 1.5\u00b0C global warming scenarios. Other established criteria include those by SBTi, TPI, RMI, IEA, ACT Initiative, IPCC, or UTS. Where sector specific pathways are not available, SBTi\u2019s Cross-Sectoral Approach (CSA) or best-in-class comparisons can be used.<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<\/div><div id=\"field_2_151\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full pdf-note gfield_html gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_hidden\"  data-js-reload=\"field_2_151\" ><p><strong>Further Consideration: Pathways for entities to consider<\/strong><br\/>Climate Bonds have a set of recommended pathways for selected sectors, including cement, steel, basic chemicals, and agriculture, which are available on Climate Bonds\u2019 website. The targets in a transition plan can then be compared against the relevant sector pathway to determine whether the reductions are sufficiently ambitious.<\/p>\n<ul>\n \t<li>Cement<\/li>\n \t<li>Steel<\/li>\n \t<li>Basic Chemical<\/li>\n \t<li>Agriculture<\/li>\n \t<li>The ASEAN Taxonomy for Sustainable Finance contains technical screening criteria for the energy sector, which could serve as guidance for Southeast Asian financial institutions and corporates in determining the energy sector relevant pathway.<\/li>\n<\/ul>\n<p>The climate mitigation performance targets should be aligned with recognised, science-based sectoral decarbonisation pathways aligned with 1.5\u00b0C global warming scenarios. Other established criteria include those by SBTi, TPI, RMI, IEA, ACT Initiative, IPCC, or UTS. Where sector specific pathways are not available, SBTi\u2019s Cross-Sectoral Approach (CSA) or best-in-class comparisons can be used.<\/p>\n<\/div><div id=\"field_2_15\" class=\"gfield gfield--type-section gfield--input-type-section gsection exclude field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_15\" ><h3 class=\"gsection_title\"><\/h3><\/div><div id=\"field_2_45\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full question exclude gfield_html gfield_html_formatted gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_45\" ><ol start=\"2\">\n\t\t<li>Are these target emissions <span class=\"emissions-intensity with-tooltip h1-line\"> intensity\/absolute reductions<\/span> against a baseline?<\/li>\n\t<\/ol><\/div><div id=\"field_2_136\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full exclude gfield_html gfield_html_formatted gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_136\" >\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"1737\" class=\"elementor elementor-1737\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f13df9d e-flex e-con-boxed e-con e-parent\" data-id=\"f13df9d\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3c460f7 elementor-widget elementor-widget-html\" data-id=\"3c460f7\" data-element_type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<script>\r\njQuery(document).ready(function($) {\r\nvar delay = 100; setTimeout(function() {\r\n$('.elementor-tab-title').removeClass('elementor-active');\r\n $('.elementor-tab-content').css('display', 'none'); }, delay);\r\n});\r\n<\/script>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c2d345f color-h1 elementor-widget elementor-widget-accordion\" data-id=\"c2d345f\" data-element_type=\"widget\" data-widget_type=\"accordion.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-accordion\">\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-2041\" class=\"elementor-tab-title\" data-tab=\"1\" role=\"button\" aria-controls=\"elementor-tab-content-2041\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><svg class=\"e-font-icon-svg e-fas-info\" viewBox=\"0 0 192 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M20 424.229h20V279.771H20c-11.046 0-20-8.954-20-20V212c0-11.046 8.954-20 20-20h112c11.046 0 20 8.954 20 20v212.229h20c11.046 0 20 8.954 20 20V492c0 11.046-8.954 20-20 20H20c-11.046 0-20-8.954-20-20v-47.771c0-11.046 8.954-20 20-20zM96 0C56.235 0 24 32.235 24 72s32.235 72 72 72 72-32.235 72-72S135.764 0 96 0z\"><\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><svg class=\"e-font-icon-svg e-fas-minus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h384c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">Note<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-2041\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"1\" role=\"region\" aria-labelledby=\"elementor-tab-title-2041\"><p>Current GHG emissions, in absolute emission terms, and any other metrics, such as emissions intensity, are detailed in the <a href=\"https:\/\/www.climatebonds.net\/standard\/sector-criteria#:~:text=The%20Climate%20Bonds%20Standard%20and,limit%20in%20the%20Paris%20Agreement\" target=\"_blank\" rel=\"noopener\">Climate Bonds Standard sector criteria<\/a>.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<\/div><fieldset id=\"field_2_16\" class=\"gfield gfield--type-radio gfield--type-choice gfield--input-type-radio gfield--width-full pagebreak pdf-indent gfield_contains_required field_sublabel_below gfield--no-description field_description_above hidden_label field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_16\" ><legend class='gfield_label gform-field-label' >2. Are these target emissions intensity\/absolute reductions against a baseline?<span class=\"gfield_required\"><span class=\"gfield_required gfield_required_text\">(Required)<\/span><\/span><\/legend><div class='ginput_container ginput_container_radio'><div class='gfield_radio' id='input_2_16'>\n\t\t\t<div class='gchoice gchoice_2_16_0'>\n\t\t\t\t\t<input class='gfield-choice-input' name='input_16' type='radio' value='Emissions intensity'  id='choice_2_16_0' onchange='gformToggleRadioOther( this )'    \/>\n\t\t\t\t\t<label for='choice_2_16_0' id='label_2_16_0' class='gform-field-label gform-field-label--type-inline'>Emissions intensity<\/label>\n\t\t\t<\/div>\n\t\t\t<div class='gchoice gchoice_2_16_1'>\n\t\t\t\t\t<input class='gfield-choice-input' name='input_16' type='radio' value='Absolute reductions'  id='choice_2_16_1' onchange='gformToggleRadioOther( this )'    \/>\n\t\t\t\t\t<label for='choice_2_16_1' id='label_2_16_1' class='gform-field-label gform-field-label--type-inline'>Absolute reductions<\/label>\n\t\t\t<\/div><\/div><\/div><\/fieldset><div id=\"field_2_32\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full hallmark-note gfield_html gfield_html_formatted gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_32\" ><p>Setting a meaningful emission reduction target requires considering and communicating how these two relevant and largely complementary dimensions of a target will vary in the future: the entity\u2019s absolute emissions and meaningful physical indicator of carbon efficiency, for example, an intensity target that is accepted is CO2 per unit of production (i.e. ton of cement).<\/p><\/div><div id=\"field_2_33\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full hallmark-note gfield_html gfield_html_formatted gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_33\" ><p>This is best practice and recommended.<\/p><\/div><div id=\"field_2_149\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full pdf-note gfield_html gfield_html_formatted gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_hidden\"  data-js-reload=\"field_2_149\" ><p><strong>Note: <\/strong>Current GHG emissions, in absolute emission terms, and any other metrics, such as emissions intensity, are detailed in the Climate Bonds Standard sector criteria.<\/p><\/div><div id=\"field_2_34\" class=\"gfield gfield--type-section gfield--input-type-section gsection exclude field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_34\" ><h3 class=\"gsection_title\"><\/h3><\/div><div id=\"field_2_174\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full question exclude gfield_html gfield_html_formatted gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_174\" ><ol start=\"3\">\n\t\t<li>Do these targets cover <span class=\"scopes with-tooltip h1-line\">scopes 1, 2, and 3<\/span>?<\/li>\n\t<\/ol><\/div><div id=\"field_2_137\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full exclude gfield_html gfield_html_formatted gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_137\" >\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"1754\" class=\"elementor elementor-1754\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f13df9d e-flex e-con-boxed e-con e-parent\" data-id=\"f13df9d\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3c460f7 elementor-widget elementor-widget-html\" data-id=\"3c460f7\" data-element_type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<script>\r\njQuery(document).ready(function($) {\r\nvar delay = 100; setTimeout(function() {\r\n$('.elementor-tab-title').removeClass('elementor-active');\r\n $('.elementor-tab-content').css('display', 'none'); }, delay);\r\n});\r\n<\/script>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c2d345f color-h1 elementor-widget elementor-widget-accordion\" data-id=\"c2d345f\" data-element_type=\"widget\" data-widget_type=\"accordion.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-accordion\">\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-2041\" class=\"elementor-tab-title\" data-tab=\"1\" role=\"button\" aria-controls=\"elementor-tab-content-2041\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><svg class=\"e-font-icon-svg e-fas-info\" viewBox=\"0 0 192 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M20 424.229h20V279.771H20c-11.046 0-20-8.954-20-20V212c0-11.046 8.954-20 20-20h112c11.046 0 20 8.954 20 20v212.229h20c11.046 0 20 8.954 20 20V492c0 11.046-8.954 20-20 20H20c-11.046 0-20-8.954-20-20v-47.771c0-11.046 8.954-20 20-20zM96 0C56.235 0 24 32.235 24 72s32.235 72 72 72 72-32.235 72-72S135.764 0 96 0z\"><\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><svg class=\"e-font-icon-svg e-fas-minus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h384c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">Note<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-2041\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"1\" role=\"region\" aria-labelledby=\"elementor-tab-title-2041\"><p>All emissions should in most situations be included. There are circumstances in which certain emissions may not be material to an entity, or downstream emissions may not be under their control. However, all scopes, including scope 3 emissions, are required from oil and gas entities.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<\/div><fieldset id=\"field_2_35\" class=\"gfield gfield--type-radio gfield--type-choice gfield--input-type-radio gfield--width-full pdf-indent pdf-gap gfield_contains_required field_sublabel_below gfield--no-description field_description_above hidden_label field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_35\" ><legend class='gfield_label gform-field-label' >3. Do these targets cover scopes 1, 2, and 3?<span class=\"gfield_required\"><span class=\"gfield_required gfield_required_text\">(Required)<\/span><\/span><\/legend><div class='ginput_container ginput_container_radio'><div class='gfield_radio' id='input_2_35'>\n\t\t\t<div class='gchoice gchoice_2_35_0'>\n\t\t\t\t\t<input class='gfield-choice-input' name='input_35' type='radio' value='No'  id='choice_2_35_0' onchange='gformToggleRadioOther( this )'    \/>\n\t\t\t\t\t<label for='choice_2_35_0' id='label_2_35_0' class='gform-field-label gform-field-label--type-inline'>No<\/label>\n\t\t\t<\/div>\n\t\t\t<div class='gchoice gchoice_2_35_1'>\n\t\t\t\t\t<input class='gfield-choice-input' name='input_35' type='radio' value='Yes'  id='choice_2_35_1' onchange='gformToggleRadioOther( this )'    \/>\n\t\t\t\t\t<label for='choice_2_35_1' id='label_2_35_1' class='gform-field-label gform-field-label--type-inline'>Yes<\/label>\n\t\t\t<\/div><\/div><\/div><\/fieldset><div id=\"field_2_36\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full hallmark-note gfield_html gfield_html_formatted gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_36\" ><p>If the targets do not cover scopes 1, 2, and 3, are the exclusions explained (i.e., they are not material, &lt;10% of emissions)?<\/p>\n\n<p>In addition, the entity could consider disclosing its strategy and plan on how it will engage its supply chain, and potentially declare a target date by which it will manage to disclose its material source of scope 3 emissions. Disclosures could include:  <\/p>\n<ul><li>Measured if not already done; or <\/li>\n<li>Under a target if it already knows the value and origin of these emissions.<\/li>\n<\/ul>\n<\/div><div id=\"field_2_37\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full hallmark-note gfield_html gfield_html_formatted gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_37\" ><p>Materiality in emissions reporting is determined by specific criteria. It is considered material when at least 95% of an entity's group-wide scope 1 and 2 emissions are included in the report.<\/p>\n\n<p>For entities with scope 3 emissions, materiality is achieved if scope 3 emissions make up either at least 40% of the total emissions (combining scope 1, 2, and 3) or at least 90% of the total scope 3 emissions. These criteria establish the importance of emissions for reporting purposes.<\/p>\n<\/div><div id=\"field_2_153\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full pdf-note gfield_html gfield_html_formatted gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_hidden\"  data-js-reload=\"field_2_153\" ><p><strong>Note:<\/strong>  All emissions should in most situations be included. There are circumstances in which certain emissions may not be material to an entity, or downstream emissions may not be under their control. However, all scopes, including scope 3 emissions, are required from oil and gas entities.<\/p>\n<\/div><div id=\"field_2_47\" class=\"gfield gfield--type-section gfield--input-type-section gsection exclude field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_47\" ><h3 class=\"gsection_title\"><\/h3><\/div><div id=\"field_2_109\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full question exclude gfield_html gfield_html_formatted gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_109\" ><ol start=\"4\">\n\t\t<li>Has the entity set other performance targets in addition to emissions intensity\/reduction to track their transition? If so, are they sufficiently in line with the 1.5&deg;C sector-specific pathway?<\/li>\n\t<\/ol><\/div><fieldset id=\"field_2_50\" class=\"gfield gfield--type-radio gfield--type-choice gfield--input-type-radio gfield--width-full pdf-indent pdf-gap gfield_contains_required field_sublabel_below gfield--no-description field_description_above hidden_label field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_50\" ><legend class='gfield_label gform-field-label' >4. Has the entity set other performance targets in addition to emissions intensity\/reduction to track their transition? If so, are they sufficiently in line with the 1.5\u00b0C sector-specific pathway?<span class=\"gfield_required\"><span class=\"gfield_required gfield_required_text\">(Required)<\/span><\/span><\/legend><div class='ginput_container ginput_container_radio'><div class='gfield_radio' id='input_2_50'>\n\t\t\t<div class='gchoice gchoice_2_50_0'>\n\t\t\t\t\t<input class='gfield-choice-input' name='input_50' type='radio' value='No'  id='choice_2_50_0' onchange='gformToggleRadioOther( this )'    \/>\n\t\t\t\t\t<label for='choice_2_50_0' id='label_2_50_0' class='gform-field-label gform-field-label--type-inline'>No<\/label>\n\t\t\t<\/div>\n\t\t\t<div class='gchoice gchoice_2_50_1'>\n\t\t\t\t\t<input class='gfield-choice-input' name='input_50' type='radio' value='Yes'  id='choice_2_50_1' onchange='gformToggleRadioOther( this )'    \/>\n\t\t\t\t\t<label for='choice_2_50_1' id='label_2_50_1' class='gform-field-label gform-field-label--type-inline'>Yes<\/label>\n\t\t\t<\/div><\/div><\/div><\/fieldset><div id=\"field_2_51\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full hallmark-note gfield_html gfield_html_formatted gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_51\" ><p>Although GHG emissions are an ideal target, other 'proxy' indicators may also be of merit. For example, a food processor might select metrics and KPIs relating to the percentage of commodity purchases from farms or supply chains certified as being climate-smart farming methods. <\/p>\n\n<p>An entity switching from coal to renewables energy generation might select a KPI relating to the percentage of coal-fired generation that will be decommissioned by a specified date.<\/p>\n\n<p>Alternatively, targets that capture the rate of development of new technologies, for example, in the case of vehicle production and there is a renewable capacity installed - the ratio of electric vehicle (EV) versus internal combustion engine (ICE). These targets could be of interest to stakeholders as they give an indication of the forecasted percentage of green revenues. <\/p><\/div><div id=\"field_2_49\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full hallmark-note gfield_html gfield_html_formatted gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_49\" >\tIf this information is available, it is recommended that the following parameters be disclosed:\n<ul><li>The objective of the target<\/li>\n<li>The period over which the target applies<\/li>\n<li>The base period and measurement from which progress is measured<\/li>\n<li>For medium to long-term targets, any milestones or interim targets (interim targets are defined as 5-10 years from when the target is set)<\/li>\n<li>The metric used to assess progress towards reaching the target<\/li>\n<li>The relevant units, methodologies and definitions on which this metric relies<\/li>\n<li>The extent to which these metrics rely on measured vs. estimated data<\/li><\/ul><\/div><div id=\"field_2_52\" class=\"gfield gfield--type-section gfield--input-type-section gsection exclude field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_52\" ><h3 class=\"gsection_title\"><\/h3><\/div><div id=\"field_2_138\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full question exclude gfield_html gfield_html_formatted gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_138\" ><ol start=\"5\">\n\t\t<li>Are the entity\u2019s targets set in relation to its historic emissions?<\/li>\n\t<\/ol><\/div><div id=\"field_2_110\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full exclude gfield_html gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_110\" >\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"2006\" class=\"elementor elementor-2006\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f13df9d e-flex e-con-boxed e-con e-parent\" data-id=\"f13df9d\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3c460f7 elementor-widget elementor-widget-html\" data-id=\"3c460f7\" data-element_type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<script>\r\njQuery(document).ready(function($) {\r\nvar delay = 100; setTimeout(function() {\r\n$('.elementor-tab-title').removeClass('elementor-active');\r\n $('.elementor-tab-content').css('display', 'none'); }, delay);\r\n});\r\n<\/script>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c2d345f color-h1 elementor-widget elementor-widget-accordion\" data-id=\"c2d345f\" data-element_type=\"widget\" data-widget_type=\"accordion.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-accordion\">\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-2041\" class=\"elementor-tab-title\" data-tab=\"1\" role=\"button\" aria-controls=\"elementor-tab-content-2041\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><svg class=\"e-font-icon-svg e-fas-info\" viewBox=\"0 0 192 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M20 424.229h20V279.771H20c-11.046 0-20-8.954-20-20V212c0-11.046 8.954-20 20-20h112c11.046 0 20 8.954 20 20v212.229h20c11.046 0 20 8.954 20 20V492c0 11.046-8.954 20-20 20H20c-11.046 0-20-8.954-20-20v-47.771c0-11.046 8.954-20 20-20zM96 0C56.235 0 24 32.235 24 72s32.235 72 72 72 72-32.235 72-72S135.764 0 96 0z\"><\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><svg class=\"e-font-icon-svg e-fas-minus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h384c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">Note<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-2041\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"1\" role=\"region\" aria-labelledby=\"elementor-tab-title-2041\"><p>Ambitious targets differ depending on the sector, and guidance on what constitutes ambition can be obtained from sector-specific decarbonisation pathway recommendations provided by organisations like Climate Bonds, the <a href=\"https:\/\/www.transitionpathwayinitiative.org\/\" target=\"_blank\" rel=\"noopener\">Transition Pathway Initiative<\/a>, and the <a href=\"https:\/\/sciencebasedtargets.org\/\" target=\"_blank\" rel=\"noopener\">Science Based Targets Initiative<\/a>. When assessing an entity&#8217;s targets, it is important to consider whether they are set in relation to historic emissions. This comparison allows for a meaningful evaluation of the entity&#8217;s commitment to reducing emissions over time.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<\/div><fieldset id=\"field_2_54\" class=\"gfield gfield--type-radio gfield--type-choice gfield--input-type-radio gfield--width-full pagebreak pdf-indent gfield_contains_required field_sublabel_below gfield--no-description field_description_above hidden_label field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_54\" ><legend class='gfield_label gform-field-label' >5. Are the entity\u2019s targets set in relation to its historic emissions?<span class=\"gfield_required\"><span class=\"gfield_required gfield_required_text\">(Required)<\/span><\/span><\/legend><div class='ginput_container ginput_container_radio'><div class='gfield_radio' id='input_2_54'>\n\t\t\t<div class='gchoice gchoice_2_54_0'>\n\t\t\t\t\t<input class='gfield-choice-input' name='input_54' type='radio' value='Yes'  id='choice_2_54_0' onchange='gformToggleRadioOther( this )'    \/>\n\t\t\t\t\t<label for='choice_2_54_0' id='label_2_54_0' class='gform-field-label gform-field-label--type-inline'>Yes<\/label>\n\t\t\t<\/div>\n\t\t\t<div class='gchoice gchoice_2_54_1'>\n\t\t\t\t\t<input class='gfield-choice-input' name='input_54' type='radio' value='No'  id='choice_2_54_1' onchange='gformToggleRadioOther( this )'    \/>\n\t\t\t\t\t<label for='choice_2_54_1' id='label_2_54_1' class='gform-field-label gform-field-label--type-inline'>No<\/label>\n\t\t\t<\/div><\/div><\/div><\/fieldset><div id=\"field_2_55\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full hallmark-note gfield_html gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_55\" ><p>Setting entity-specific performance targets that are expressed solely as a reduction compared to the entity's own business-as-usual does not facilitate comparability. Therefore, they are insufficient and should also be calibrated to express how they align with the forward-looking transition pathways for that sector. The measure of success must not be how large or small an entity's change is relative to its own performance, but whether the result will be compatible with the collective emissions reductions targets needed.<\/p><\/div><div id=\"field_2_56\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full hallmark-note gfield_html gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_56\" ><p>Credible transition means aligning with forward looking sectoral green transition pathways, common to all those in the sector. This enables industry level comparability, and it also considers future carbon budgets at a global collective level. <\/p><\/div><div id=\"field_2_155\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full pdf-note gfield_html gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_hidden\"  data-js-reload=\"field_2_155\" ><p><strong>Note: <\/strong>Ambitious targets differ depending on the sector, and guidance on what constitutes ambition can be obtained from sector-specific decarbonisation pathway recommendations provided by organisations like Climate Bonds, the Transition Pathway Initiative, and the Science Based Targets Initiative. When assessing an entity\u2019s targets, it is important to consider whether they are set in relation to historic emissions. This comparison allows for a meaningful evaluation of the entity\u2019s commitment to reducing emissions over time.<\/p><\/div><div id=\"field_2_57\" class=\"gfield gfield--type-section gfield--input-type-section gsection exclude field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_57\" ><h3 class=\"gsection_title\"><\/h3><\/div><div id=\"field_2_58\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full question exclude gfield_html gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_58\" ><ol start=\"6\">\n\t\t<li>Are these GHG targets reliant on <span class=\"carbon-credit with-tooltip h1-line\">carbon credits<\/span>?<\/li>\n\t<\/ol><\/div><fieldset id=\"field_2_60\" class=\"gfield gfield--type-radio gfield--type-choice gfield--input-type-radio gfield--width-full pdf-indent pdf-gap gfield_contains_required field_sublabel_below gfield--no-description field_description_below hidden_label field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_60\" ><legend class='gfield_label gform-field-label' >6. Are these GHG targets reliant on carbon credits?<span class=\"gfield_required\"><span class=\"gfield_required gfield_required_text\">(Required)<\/span><\/span><\/legend><div class='ginput_container ginput_container_radio'><div class='gfield_radio' id='input_2_60'>\n\t\t\t<div class='gchoice gchoice_2_60_0'>\n\t\t\t\t\t<input class='gfield-choice-input' name='input_60' type='radio' value='Yes'  id='choice_2_60_0' onchange='gformToggleRadioOther( this )'    \/>\n\t\t\t\t\t<label for='choice_2_60_0' id='label_2_60_0' class='gform-field-label gform-field-label--type-inline'>Yes<\/label>\n\t\t\t<\/div>\n\t\t\t<div class='gchoice gchoice_2_60_1'>\n\t\t\t\t\t<input class='gfield-choice-input' name='input_60' type='radio' value='No'  id='choice_2_60_1' onchange='gformToggleRadioOther( this )'    \/>\n\t\t\t\t\t<label for='choice_2_60_1' id='label_2_60_1' class='gform-field-label gform-field-label--type-inline'>No<\/label>\n\t\t\t<\/div><\/div><\/div><\/fieldset><div id=\"field_2_59\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full hallmark-note gfield_html gfield_html_formatted gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_59\" >\t<p>Credible transition goals and pathways do not traditionally include offsets. Offsets are typically considered for addressing residual \"last mile\" emissions after all other decarbonisation efforts have been exhausted.<\/p>\n\n<p>Offsetting reduces transparency and may divert attention away from reducing inherent emissions. \nIn specific hard to abate sectors, entities may require offsets to address emissions they cannot eliminate internally. However, it is important to note that organisations like Climate Bonds do not consider carbon credits or offsets as the primary strategy for transitioning. Instead, emphasis is on the importance of fully identifying and implementing decarbonisation options as the initial approach. <\/p>\n<p>Please refer to <a href=\"https:\/\/vcmintegrity.org\/\" target=\"_blank\"  class=\"h1-color\";>Voluntary Carbon Markets Integrity Initiative<\/a> for more information.<\/p><\/div><div id=\"field_2_39\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full pdf-note gfield_html gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_hidden\"  data-js-reload=\"field_2_39\" ><p><strong>Note: <\/strong>A well-designed transition plan for hard-to-abate sectors should define GHG emissions targets for 2030 and 2050. The Climate Mitigation Performance Targets cover the time from the date of certification to the date the activity is intended to hit net zero emissions, or 2050, whichever is sooner. The Climate Mitigation Performance Targets encompass interim goals set at three-year intervals for the first nine years after certification and then transition to a five-year interval for the entire duration of the target period. Climate Bonds recognizes two levels of alignment, depending on when the Climate Mitigation Performance Targets align with the Sector Criteria.<\/p>\n<ul>\n\t<li><strong>Level 1<\/strong> \u2013 \u201cAligned\u201d: The Climate Mitigation Performance Targets align with the Sector Criteria at the time of Certification and thereafter until the date the Climate Mitigation Performance Targets represent net zero emissions or 2050, whichever is sooner<\/li>\n\t<li><strong>Level 2 <\/strong>\u2013 \u201cTransition\u201d: The Climate Mitigation Performance Targets do not align with the Sector Criteria at the time of Certification but align by 31st December 2030 and thereafter until the date the Climate Mitigation Performance Targets represent net zero emissions or 2050, whichever is sooner<\/li>\n<\/ul><\/div><div id=\"field_2_157\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full exclude gfield_html gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_157\" >\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"579\" class=\"elementor elementor-579\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f13df9d e-flex e-con-boxed e-con e-parent\" data-id=\"f13df9d\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3c460f7 elementor-widget elementor-widget-html\" data-id=\"3c460f7\" data-element_type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<script>\r\njQuery(document).ready(function($) {\r\nvar delay = 100; setTimeout(function() {\r\n$('.elementor-tab-title').removeClass('elementor-active');\r\n $('.elementor-tab-content').css('display', 'none'); }, delay);\r\n});\r\n<\/script>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c2d345f color-h1 elementor-widget elementor-widget-accordion\" data-id=\"c2d345f\" data-element_type=\"widget\" data-widget_type=\"accordion.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-accordion\">\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-2041\" class=\"elementor-tab-title\" data-tab=\"1\" role=\"button\" aria-controls=\"elementor-tab-content-2041\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><svg class=\"e-font-icon-svg e-fas-plus-square\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M400 32H48C21.5 32 0 53.5 0 80v352c0 26.5 21.5 48 48 48h352c26.5 0 48-21.5 48-48V80c0-26.5-21.5-48-48-48zm-32 252c0 6.6-5.4 12-12 12h-92v92c0 6.6-5.4 12-12 12h-56c-6.6 0-12-5.4-12-12v-92H92c-6.6 0-12-5.4-12-12v-56c0-6.6 5.4-12 12-12h92v-92c0-6.6 5.4-12 12-12h56c6.6 0 12 5.4 12 12v92h92c6.6 0 12 5.4 12 12v56z\"><\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><svg class=\"e-font-icon-svg e-fas-minus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h384c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">Further Consideration<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-2041\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"1\" role=\"region\" aria-labelledby=\"elementor-tab-title-2041\"><p>A well-designed transition plan for hard-to-abate sectors should define GHG emissions targets for 2030 and 2050. The Climate Mitigation Performance Targets cover the time from the date of certification to the date the activity is intended to hit net zero emissions, or 2050, whichever is sooner. The Climate Mitigation Performance Targets encompass interim goals set at three-year intervals for the first nine years after certification and then transition to a five-year interval for the entire duration of the target period. Climate Bonds recognizes two levels of alignment, depending on when the Climate Mitigation Performance Targets align with the Sector Criteria.<\/p><ul><li><strong>Level 1<\/strong> \u2013 &#8220;Aligned&#8221;: The Climate Mitigation Performance Targets align with the Sector Criteria at the time of Certification and thereafter until the date the Climate Mitigation Performance Targets represent net zero emissions or 2050, whichever is sooner<br \/><br \/><\/li><li><strong>Level 2<\/strong> \u2013 &#8220;Transition&#8221;: The Climate Mitigation Performance Targets do not align with the Sector Criteria at the time of Certification but align by 31st December 2030 and thereafter until the date the Climate Mitigation Performance Targets represent net zero emissions or 2050, whichever is sooner<\/li><\/ul><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-013241b color-h1 elementor-widget elementor-widget-accordion\" data-id=\"013241b\" data-element_type=\"widget\" data-widget_type=\"accordion.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-accordion\">\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-1251\" class=\"elementor-tab-title\" data-tab=\"1\" role=\"button\" aria-controls=\"elementor-tab-content-1251\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><svg class=\"e-font-icon-svg e-fas-plus-square\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M400 32H48C21.5 32 0 53.5 0 80v352c0 26.5 21.5 48 48 48h352c26.5 0 48-21.5 48-48V80c0-26.5-21.5-48-48-48zm-32 252c0 6.6-5.4 12-12 12h-92v92c0 6.6-5.4 12-12 12h-56c-6.6 0-12-5.4-12-12v-92H92c-6.6 0-12-5.4-12-12v-56c0-6.6 5.4-12 12-12h92v-92c0-6.6 5.4-12 12-12h56c6.6 0 12 5.4 12 12v92h92c6.6 0 12 5.4 12 12v56z\"><\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><svg class=\"e-font-icon-svg e-fas-minus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h384c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">Additional Guidance<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-1251\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"1\" role=\"region\" aria-labelledby=\"elementor-tab-title-1251\"><p>\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"593\" class=\"elementor elementor-593\">\n\t\t\t\t<div class=\"elementor-element elementor-element-7ec32c5 e-flex e-con-boxed e-con e-parent\" data-id=\"7ec32c5\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-74e3cdb elementor-hidden-desktop elementor-hidden-tablet elementor-hidden-mobile elementor-widget elementor-widget-heading\" data-id=\"74e3cdb\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Additional Guidance<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1779ce6 elementor-widget elementor-widget-heading\" data-id=\"1779ce6\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Performance Metrics and Target Management<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-797ce29 e-flex e-con-boxed e-con e-parent\" data-id=\"797ce29\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-9de83db e-con-full e-flex e-con e-child\" data-id=\"9de83db\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3ab0182 elementor-widget elementor-widget-heading\" data-id=\"3ab0182\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">STEP <br \/> 01<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-7fe91f1 e-con-full e-flex e-con e-child\" data-id=\"7fe91f1\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f376eb5 elementor-widget elementor-widget-heading\" data-id=\"f376eb5\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Establish key performance indicators that suit the entity<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-39c6544 elementor-widget elementor-widget-text-editor\" data-id=\"39c6544\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The purpose of key metrics is to measure and manage climate-related risks and opportunities. The metrics and targets most appropriate for monitoring and reporting on outcomes will depend on a range of factors, including an entity&#8217;s business model, size, strategic objectives, etc. The UK Transition Plan Taskforce recommends that an entity consider defining targets for different metrics, including business and operational metrics, financial metrics, greenhouse gas (GHG) emissions metrics, and carbon credits.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-60e272f e-flex e-con-boxed e-con e-parent\" data-id=\"60e272f\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-288e41b e-con-full e-flex e-con e-child\" data-id=\"288e41b\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-fe81a36 elementor-widget elementor-widget-heading\" data-id=\"fe81a36\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">STEP<br \/>02<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-e29acc6 e-con-full e-flex e-con e-child\" data-id=\"e29acc6\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-b4fe855 elementor-widget elementor-widget-heading\" data-id=\"b4fe855\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Ongoing review and recalibration of headline performance targets<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1cd79a9 elementor-widget elementor-widget-text-editor\" data-id=\"1cd79a9\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Selected performance targets should be regularly reviewed and recalibrated to reflect changing operating conditions and market developments, such as new emerging technologies coming to market sooner than expected. Processes should be in place for such recalibration to tighten stringency, where possible, and ensure continuous improvement.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-04117ef e-flex e-con-boxed e-con e-parent\" data-id=\"04117ef\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-89ad3fd e-con-full e-flex e-con e-child\" data-id=\"89ad3fd\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-d6f9bcb elementor-widget elementor-widget-heading\" data-id=\"d6f9bcb\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">STEP<br \/>03<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-47c83e3 e-con-full e-flex e-con e-child\" data-id=\"47c83e3\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-747427c elementor-widget elementor-widget-heading\" data-id=\"747427c\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Tracking performance against selected performance targets<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c10db5e elementor-widget elementor-widget-text-editor\" data-id=\"c10db5e\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>An entity should establish robust processes to monitor and assess progress in meeting the selected performance targets. Processes should encompass the tracking of actions undertaken to achieve these targets. To facilitate this, the entity should utilise suitable tracking and estimation tools. This includes performance tools and equivalent guidance for performance targets that are not expressed\/quantified as emissions impact, such as water usage, energy usage, etc, as recommended by other organisations (e.g. TCFD).<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<\/div><\/div>\n                    <\/div>\n                    <div class='gform-page-footer gform_page_footer top_label'>\n                        <input type='button' id='gform_previous_button_2_42' class='gform_previous_button gform-theme-button gform-theme-button--secondary button' onclick='gform.submission.handleButtonClick(this);' value='Previous'  \/> <input type='button' id='gform_next_button_2_42' class='gform_next_button gform-theme-button button' onclick='gform.submission.handleButtonClick(this);' value='Next'  \/> \n                    <\/div>\n                <\/div>\n                <div id='gform_page_2_4' class='gform_page' data-js='page-field-id-42' style='display:none;'>\n                    <div class='gform_page_fields'>\n                        <div id='gform_fields_2_4' class='gform_fields top_label form_sublabel_below description_below validation_below'><div id=\"field_2_146\" class=\"gfield gfield--type-section gfield--input-type-section gsection pagebreak field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_hidden\"  data-js-reload=\"field_2_146\" ><div class=\"admin-hidden-markup\"><i class=\"gform-icon gform-icon--hidden\" aria-hidden=\"true\" title=\"This field is hidden when viewing the form\"><\/i><span>This field is hidden when viewing the form<\/span><\/div><h3 class=\"gsection_title\">Hallmark 2<\/h3><\/div><div id=\"field_2_43\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full intro color-h2 gfield_html gfield_html_formatted gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_43\" ><div class=\"hallmark\">HALLMARK 2<\/div>\n<div class=\"subtitle\">Robust Plans: Action, Financing and Governance<\/div>\n<div class=\"info\">Forward delivery against the company-specific Performance Targets must be supported by a transition strategy, a financing plan that is a tangible indicator of credibility in intent and ability to carry out the actions and that the governance systems are in place to enable and drive through those changes over a long period.<\/div><\/div><div id=\"field_2_62\" class=\"gfield gfield--type-section gfield--input-type-section gsection section-block color-h2 field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_62\" ><h3 class=\"gsection_title\">Section A: Strategy<\/h3><\/div><div id=\"field_2_63\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full question exclude gfield_html gfield_html_formatted gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_63\" ><ol start=\"1\">\n\t\t<li>Has the entity detailed the <span class=\"strategy with-tooltip h2-line\">strategy<\/span> and plans for its transition?<\/li>\n\t<\/ol><\/div><div id=\"field_2_139\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full exclude gfield_html gfield_html_formatted gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_139\" >\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"2011\" class=\"elementor elementor-2011\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f13df9d e-flex e-con-boxed e-con e-parent\" data-id=\"f13df9d\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3c460f7 elementor-widget elementor-widget-html\" data-id=\"3c460f7\" data-element_type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<script>\r\njQuery(document).ready(function($) {\r\nvar delay = 100; setTimeout(function() {\r\n$('.elementor-tab-title').removeClass('elementor-active');\r\n $('.elementor-tab-content').css('display', 'none'); }, delay);\r\n});\r\n<\/script>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c2d345f color-h2 elementor-widget elementor-widget-accordion\" data-id=\"c2d345f\" data-element_type=\"widget\" data-widget_type=\"accordion.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-accordion\">\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-2041\" class=\"elementor-tab-title\" data-tab=\"1\" role=\"button\" aria-controls=\"elementor-tab-content-2041\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><svg class=\"e-font-icon-svg e-fas-info\" viewBox=\"0 0 192 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M20 424.229h20V279.771H20c-11.046 0-20-8.954-20-20V212c0-11.046 8.954-20 20-20h112c11.046 0 20 8.954 20 20v212.229h20c11.046 0 20 8.954 20 20V492c0 11.046-8.954 20-20 20H20c-11.046 0-20-8.954-20-20v-47.771c0-11.046 8.954-20 20-20zM96 0C56.235 0 24 32.235 24 72s32.235 72 72 72 72-32.235 72-72S135.764 0 96 0z\"><\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><svg class=\"e-font-icon-svg e-fas-minus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h384c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">Note<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-2041\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"1\" role=\"region\" aria-labelledby=\"elementor-tab-title-2041\"><p>An entity\u2019s transition strategy is credible if its action plans document achievable and trackable milestones detailing how the entity will deliver on its selected performance targets. The transition strategy must be fully integrated into the entity\u2019s wider business model and future plans.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<\/div><fieldset id=\"field_2_65\" class=\"gfield gfield--type-radio gfield--type-choice gfield--input-type-radio gfield--width-full pdf-indent gfield_contains_required field_sublabel_below gfield--no-description field_description_above hidden_label field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_65\" ><legend class='gfield_label gform-field-label' >1. Has the entity detailed the strategy and plans for its transition?<span class=\"gfield_required\"><span class=\"gfield_required gfield_required_text\">(Required)<\/span><\/span><\/legend><div class='ginput_container ginput_container_radio'><div class='gfield_radio' id='input_2_65'>\n\t\t\t<div class='gchoice gchoice_2_65_0'>\n\t\t\t\t\t<input class='gfield-choice-input' name='input_65' type='radio' value='No'  id='choice_2_65_0' onchange='gformToggleRadioOther( this )'    \/>\n\t\t\t\t\t<label for='choice_2_65_0' id='label_2_65_0' class='gform-field-label gform-field-label--type-inline'>No<\/label>\n\t\t\t<\/div>\n\t\t\t<div class='gchoice gchoice_2_65_1'>\n\t\t\t\t\t<input class='gfield-choice-input' name='input_65' type='radio' value='Yes, however not sure if it is comprehensive.'  id='choice_2_65_1' onchange='gformToggleRadioOther( this )'    \/>\n\t\t\t\t\t<label for='choice_2_65_1' id='label_2_65_1' class='gform-field-label gform-field-label--type-inline'>Yes, however not sure if it is comprehensive.<\/label>\n\t\t\t<\/div><\/div><\/div><\/fieldset><div id=\"field_2_67\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full hallmark-note gfield_html gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_67\" ><p>Determine how this <span class=\"decarbonisation-strategy with-tooltip h2-line\">decarbonisation strategy<\/span> will affect the overall business model, and then develop a roadmap of actions across the short-, medium and long-term to reach those goals.<\/p>\n\n<p>The <a href=\"https:\/\/transitiontaskforce.net\/\" target=\"_blank\">UK Transition Plan Taskforce<\/a> recommends that this roadmap of short-term actions should be granular at an activity level and should involve engagement across corporate functions in collectively assessing how to deploy and implement the plan. <\/p>\n\n<div>Activities to consider as part of preparing this roadmap could include: <\/div>\n\t<ul>\n\t\t<li>Engaging with suppliers to reduce their GHG emissions, devising phase-out plans for high-emitting activities<\/li>\n\t\t<li>Piloting new low-carbon technologies or products<\/li>\n\t\t<li>Performing additional research on key assumptions underlying the transition plan<\/li>\n\t\t<li>Identifying monitoring mechanisms to assess the roadmap<\/li>\n\t<\/ul><br\/>\n<div>This action plan will define the changes that will be made to achieve the selected performance targets. It could be made up of several subplans, for example: <\/div>\n<ul>\n\t<li>Technical plan for addressing the performance of sold products<\/li>\n\t<li>Human resources plan for ensuring the right provision of skills e.g., changes to staff training<\/li>\n\t<li>Purchasing plan for supplier engagement e.g., renegotiation of supplier relationships<\/li>\n\t<li>Marketing and sales plan for client engagement<\/li>\n\t<li>Business development plan for new business lines<\/li>\n\t<li>Supply chain engagement<\/li>\n\t<li>Communications and public relations plan for policy engagement<\/li>\n\t<\/ul>\n\n<p>An assessment of delivery risks and a description of the measures being taken to mitigate those risks should be provided. <\/p><\/div><div id=\"field_2_68\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full hallmark-note gfield_html gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_68\" ><div>Has the entity ensured that the disclosures on strategic narrative include:<\/div>\n\t<ul>\n\t\t<li>Current GHG emissions, in absolute emissions terms and any other metrics such as emissions intensity detailed in the Climate Bonds Standard sector criteria. This includes information on the current sources and volume of GHG emissions, how and by which entity it has been calculated and verified<\/li>\n\t\t<li>Key decarbonisation levers, their anticipated timing and emissions reduction impact<\/li>\n\t\t<li>Assumed market trends, business growth, pricing and demand underpinning the transition strategy as well as regulatory and government policy assumptions<\/li>\n\t\t<li>Significant challenges in delivering the strategy<\/li>\n\t\t<li>Significant areas of uncertainty in estimation, assumptions, or outcomes<\/li>\n\t\t<li>How the entity embedded the strategy in its wider business model, highlighting key implications for products and services, resourcing and operational and capital expenditure, acquisitions or divestments<\/li>\n\t\t\n\t<\/ul><\/div><div id=\"field_2_158\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full pdf-note gfield_html gfield_html_formatted gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_hidden\"  data-js-reload=\"field_2_158\" ><p><strong>Note: <\/strong>An entity\u2019s transition strategy is credible if its action plans document achievable and trackable milestones detailing how the entity will deliver on its selected performance targets. The transition strategy must be fully integrated into the entity\u2019s wider business model and future plans.<\/p><\/div><div id=\"field_2_70\" class=\"gfield gfield--type-section gfield--input-type-section gsection exclude field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_70\" ><h3 class=\"gsection_title\"><\/h3><\/div><div id=\"field_2_111\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full question exclude pagebreak gfield_html gfield_html_formatted gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_111\" ><ol start=\"2\">\n\t\t<li>Has the entity identified the key sources of uncertainty in any of the plans that are intended to deliver on the vision?<\/li>\n\t<\/ol><\/div><div id=\"field_2_140\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full exclude gfield_html gfield_html_formatted gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_140\" >\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"2018\" class=\"elementor elementor-2018\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f13df9d e-flex e-con-boxed e-con e-parent\" data-id=\"f13df9d\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3c460f7 elementor-widget elementor-widget-html\" data-id=\"3c460f7\" data-element_type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<script>\r\njQuery(document).ready(function($) {\r\nvar delay = 100; setTimeout(function() {\r\n$('.elementor-tab-title').removeClass('elementor-active');\r\n $('.elementor-tab-content').css('display', 'none'); }, delay);\r\n});\r\n<\/script>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c2d345f color-h2 elementor-widget elementor-widget-accordion\" data-id=\"c2d345f\" data-element_type=\"widget\" data-widget_type=\"accordion.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-accordion\">\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-2041\" class=\"elementor-tab-title\" data-tab=\"1\" role=\"button\" aria-controls=\"elementor-tab-content-2041\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><svg class=\"e-font-icon-svg e-fas-info\" viewBox=\"0 0 192 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M20 424.229h20V279.771H20c-11.046 0-20-8.954-20-20V212c0-11.046 8.954-20 20-20h112c11.046 0 20 8.954 20 20v212.229h20c11.046 0 20 8.954 20 20V492c0 11.046-8.954 20-20 20H20c-11.046 0-20-8.954-20-20v-47.771c0-11.046 8.954-20 20-20zM96 0C56.235 0 24 32.235 24 72s32.235 72 72 72 72-32.235 72-72S135.764 0 96 0z\"><\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><svg class=\"e-font-icon-svg e-fas-minus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h384c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">Note<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-2041\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"1\" role=\"region\" aria-labelledby=\"elementor-tab-title-2041\"><p>Transition plans often include vague descriptions such as &#8216;accelerate our transition to cleaner energy solutions,&#8217; &#8216;modernise our operations,&#8217; or &#8216;leverage green solutions.&#8217; To enhance the effectiveness of these plans, it is essential to provide specific, actionable, and measurable details for each of these actions. Clear and well-defined objectives and strategies are crucial for successful implementation and monitoring of progress.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<\/div><fieldset id=\"field_2_71\" class=\"gfield gfield--type-radio gfield--type-choice gfield--input-type-radio gfield--width-full pagebreak pdf-indent gfield_contains_required field_sublabel_below gfield--no-description field_description_above hidden_label field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_71\" ><legend class='gfield_label gform-field-label' >2. Has the entity identified the key sources of uncertainty in any of the plans that are intended to deliver on the vision?<span class=\"gfield_required\"><span class=\"gfield_required gfield_required_text\">(Required)<\/span><\/span><\/legend><div class='ginput_container ginput_container_radio'><div class='gfield_radio' id='input_2_71'>\n\t\t\t<div class='gchoice gchoice_2_71_0'>\n\t\t\t\t\t<input class='gfield-choice-input' name='input_71' type='radio' value='No'  id='choice_2_71_0' onchange='gformToggleRadioOther( this )'    \/>\n\t\t\t\t\t<label for='choice_2_71_0' id='label_2_71_0' class='gform-field-label gform-field-label--type-inline'>No<\/label>\n\t\t\t<\/div>\n\t\t\t<div class='gchoice gchoice_2_71_1'>\n\t\t\t\t\t<input class='gfield-choice-input' name='input_71' type='radio' value='Yes'  id='choice_2_71_1' onchange='gformToggleRadioOther( this )'    \/>\n\t\t\t\t\t<label for='choice_2_71_1' id='label_2_71_1' class='gform-field-label gform-field-label--type-inline'>Yes<\/label>\n\t\t\t<\/div><\/div><\/div><\/fieldset><div id=\"field_2_73\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full hallmark-note gfield_html gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_73\" ><p>An important factor when developing a climate transition plan, is to consider undertaking a <span class=\"sensitivity-analysis with-tooltip h2-line\">sensitivity analysis<\/span>. <\/p>\n<p>An entity should undertake a sensitivity analysis to better understand the dependency of its transition plan on specific assumptions (e.g., scaling new technology, supply chain action, policy change, shifts in demand). This information will allow an entity to better assess and monitor the feasibility of its plan and can support further iterations of the implementation and engagement strategy. <\/p>\n\n<p>For example, this analysis could help an entity understand the key policy changes it requires to happen for it to achieve its climate ambition, communicate these in its disclosures and develop an appropriate policy engagement strategy.<\/p><\/div><div id=\"field_2_74\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full hallmark-note gfield_html gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_74\" ><p>The vision, levers, action plans and\/or finance plan should be consistent with disclosures made in sustainability reporting and wider TCFD reporting.<\/p><\/div><div id=\"field_2_76\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full pdf-note gfield_html gfield_html_formatted gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_hidden\"  data-js-reload=\"field_2_76\" ><p><strong>Note: <\/strong>Transition plans often include vague descriptions such as \u2018accelerate our transition to cleaner energy solutions,\u2019 \u2018modernise our operations,\u2019 or \u2018leverage green solutions.\u2019 To enhance the effectiveness of these plans, it is essential to provide specific, actionable, and measurable details for each of these actions. Clear and well-defined objectives and strategies are crucial for successful implementation and monitoring of progress.<\/p><\/div><div id=\"field_2_161\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full pdf-note gfield_html gfield_html_formatted gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_hidden\"  data-js-reload=\"field_2_161\" ><p><strong>Further Consideration<\/strong><br\/>Climate Bonds recommends that the Strategy be approved by the Board. The Delivery Strategy should include the following foundational elements:<\/p>\n\n<p><strong>Vision<\/strong><br\/>\nA Vision outlining the strategic objectives and priorities of the transition, outlining what the entity will look like in terms of its future economic activities, physical assets and business model that aligns with the long-term Climate Mitigation Performance Targets.<\/p>\n\n<p><strong>Strategic Narrative<\/strong><br\/>\nA Strategic Narrative describing how each of the Compliant Activities of the entity will evolve from their current position to the vision, taking into account business context.<\/p>\n\n<p><strong>Broader Social and Environmental Alignment<\/strong><p>\nA position statement aligning the vision and strategic narrative with the entity\u2019s broader environmental and social objectives, strategies and\/or policies, in particular demonstrating that effects on biodiversity sensitive areas, emissions to water and hazardous waste have been considered. The effectiveness of a transition plan will be anchored on the planned capital expenditure to support the implementation of a transition to a low emission future.<\/p><\/div><div id=\"field_2_159\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full exclude gfield_html gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_159\" >\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"839\" class=\"elementor elementor-839\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f13df9d e-flex e-con-boxed e-con e-parent\" data-id=\"f13df9d\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3c460f7 elementor-widget elementor-widget-html\" data-id=\"3c460f7\" data-element_type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<script>\r\njQuery(document).ready(function($) {\r\nvar delay = 100; setTimeout(function() {\r\n$('.elementor-tab-title').removeClass('elementor-active');\r\n $('.elementor-tab-content').css('display', 'none'); }, delay);\r\n});\r\n<\/script>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c2d345f color-h2 elementor-widget elementor-widget-accordion\" data-id=\"c2d345f\" data-element_type=\"widget\" data-widget_type=\"accordion.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-accordion\">\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-2041\" class=\"elementor-tab-title\" data-tab=\"1\" role=\"button\" aria-controls=\"elementor-tab-content-2041\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><svg class=\"e-font-icon-svg e-fas-plus-square\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M400 32H48C21.5 32 0 53.5 0 80v352c0 26.5 21.5 48 48 48h352c26.5 0 48-21.5 48-48V80c0-26.5-21.5-48-48-48zm-32 252c0 6.6-5.4 12-12 12h-92v92c0 6.6-5.4 12-12 12h-56c-6.6 0-12-5.4-12-12v-92H92c-6.6 0-12-5.4-12-12v-56c0-6.6 5.4-12 12-12h92v-92c0-6.6 5.4-12 12-12h56c6.6 0 12 5.4 12 12v92h92c6.6 0 12 5.4 12 12v56z\"><\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><svg class=\"e-font-icon-svg e-fas-minus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h384c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">Further Consideration<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-2041\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"1\" role=\"region\" aria-labelledby=\"elementor-tab-title-2041\"><p>Climate Bonds recommends that the Strategy be approved by the Board. The Delivery Strategy should include the following foundational elements:<\/p><p><strong>Vision <\/strong><br \/>A Vision outlining the strategic objectives and priorities of the transition, outlining what the entity will look like in terms of its future economic activities, physical assets and business model that aligns with the long-term Climate Mitigation Performance Targets.<\/p><p><strong>Strategic Narrative <\/strong><br \/>A Strategic Narrative describing how each of the Compliant Activities of the entity will evolve from their current position to the vision, taking into account business context.<\/p><p><strong>Broader Social and Environmental Alignment <\/strong><br \/>A position statement aligning the vision and strategic narrative with the entity\u2019s broader environmental and social objectives, strategies and\/or policies, in particular demonstrating that effects on biodiversity sensitive areas, emissions to water and hazardous waste have been considered. The effectiveness of a transition plan will be anchored on the planned <span class=\"capital-expenditure with-tooltip\">capital expenditure<\/span> to support the implementation of a transition to a low emission future.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<\/div><div id=\"field_2_78\" class=\"gfield gfield--type-section gfield--input-type-section gsection exclude field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_78\" ><h3 class=\"gsection_title\"><\/h3><\/div><div id=\"field_2_77\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full question exclude gfield_html gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_77\" ><ol start=\"3\">\n\t\t<li>Does the entity clearly state the <span class=\"current-position with-tooltip h2-line\">current position<\/span> of emissions and risks\/ opportunities of transition?<\/li>\n\t<\/ol><\/div><fieldset id=\"field_2_80\" class=\"gfield gfield--type-radio gfield--type-choice gfield--input-type-radio gfield--width-full pagebreak pdf-indent gfield_contains_required field_sublabel_below gfield--no-description field_description_below hidden_label field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_80\" ><legend class='gfield_label gform-field-label' >3. Does the entity clearly state the current position of emissions and risks\/ opportunities of transition?<span class=\"gfield_required\"><span class=\"gfield_required gfield_required_text\">(Required)<\/span><\/span><\/legend><div class='ginput_container ginput_container_radio'><div class='gfield_radio' id='input_2_80'>\n\t\t\t<div class='gchoice gchoice_2_80_0'>\n\t\t\t\t\t<input class='gfield-choice-input' name='input_80' type='radio' value='Why should the entity do this?'  id='choice_2_80_0' onchange='gformToggleRadioOther( this )'    \/>\n\t\t\t\t\t<label for='choice_2_80_0' id='label_2_80_0' class='gform-field-label gform-field-label--type-inline'>Why should the entity do this?<\/label>\n\t\t\t<\/div>\n\t\t\t<div class='gchoice gchoice_2_80_1'>\n\t\t\t\t\t<input class='gfield-choice-input' name='input_80' type='radio' value='What should the entity include when it is detailing its current position on sources of emissions?'  id='choice_2_80_1' onchange='gformToggleRadioOther( this )'    \/>\n\t\t\t\t\t<label for='choice_2_80_1' id='label_2_80_1' class='gform-field-label gform-field-label--type-inline'>What should the entity include when it is detailing its current position on sources of emissions?<\/label>\n\t\t\t<\/div><\/div><\/div><\/fieldset><div id=\"field_2_81\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full hallmark-note gfield_html gfield_html_formatted gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_81\" ><p>This serves as a baseline and a point of comparison to gauge how ambitious the targets of the proposed transition plan are. It also tracks progress and the effectiveness of implementation plans. It is best to have several years of emissions data documented to be able to justify the choice of baseline.<\/p>\n<\/div><div id=\"field_2_82\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full hallmark-note gfield_html gfield_html_formatted gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_82\" ><p>The entity\u2019s primary sources of emissions, the climate-related risks that its operations and financial position could face, whilst identifying the potential innovative solutions\/opportunities the entity could embrace.<\/p>\n\n<p>It is recommended to use an internationally recognised GHG accounting method and to explicitly define the accounting method's boundaries to maintain precision and transparency in emissions reporting.<\/p>\n<\/div><div id=\"field_2_164\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full pdf-note gfield_html gfield_html_formatted gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_hidden\"  data-js-reload=\"field_2_164\" ><strong>Further Consideration<\/strong>\n<p><strong>Implementation Plans \u2013 Action Plan for scope 1 and 2 emissions<\/strong><br\/>\nThe roadmap for achieving decarbonisation goals related to scopes 1 and 2 emissions, and the Climate Mitigation Performance Targets should include short-, medium-, and long-term actions. It should also incorporate milestones and business and operations metrics for effective performance tracking. Additionally, an overview of actions, milestones and metrics subject to external assurance, detailing the nature of the assurance process should be provided.<\/p>\n<\/div><div id=\"field_2_84\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full exclude gfield_html gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_84\" >\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"851\" class=\"elementor elementor-851\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f13df9d e-flex e-con-boxed e-con e-parent\" data-id=\"f13df9d\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3c460f7 elementor-widget elementor-widget-html\" data-id=\"3c460f7\" data-element_type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<script>\r\njQuery(document).ready(function($) {\r\nvar delay = 100; setTimeout(function() {\r\n$('.elementor-tab-title').removeClass('elementor-active');\r\n $('.elementor-tab-content').css('display', 'none'); }, delay);\r\n});\r\n<\/script>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c2d345f color-h2 elementor-widget elementor-widget-accordion\" data-id=\"c2d345f\" data-element_type=\"widget\" data-widget_type=\"accordion.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-accordion\">\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-2041\" class=\"elementor-tab-title\" data-tab=\"1\" role=\"button\" aria-controls=\"elementor-tab-content-2041\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><svg class=\"e-font-icon-svg e-fas-plus-square\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M400 32H48C21.5 32 0 53.5 0 80v352c0 26.5 21.5 48 48 48h352c26.5 0 48-21.5 48-48V80c0-26.5-21.5-48-48-48zm-32 252c0 6.6-5.4 12-12 12h-92v92c0 6.6-5.4 12-12 12h-56c-6.6 0-12-5.4-12-12v-92H92c-6.6 0-12-5.4-12-12v-56c0-6.6 5.4-12 12-12h92v-92c0-6.6 5.4-12 12-12h56c6.6 0 12 5.4 12 12v92h92c6.6 0 12 5.4 12 12v56z\"><\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><svg class=\"e-font-icon-svg e-fas-minus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h384c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">Further Consideration<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-2041\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"1\" role=\"region\" aria-labelledby=\"elementor-tab-title-2041\"><p><strong>Implementation Plans \u2013 Action Plan for scope 1 and 2 emissions<\/strong><\/p><p>The roadmap for achieving decarbonisation goals related to scopes 1 and 2 emissions, and the Climate Mitigation Performance Targets should include short-, medium-, and long-term actions. It should also incorporate milestones and business and operations metrics for effective performance tracking. Additionally, an overview of actions, milestones and metrics subject to external assurance, detailing the nature of the assurance process should be provided.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<\/div><div id=\"field_2_88\" class=\"gfield gfield--type-section gfield--input-type-section gsection exclude field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_88\" ><h3 class=\"gsection_title\"><\/h3><\/div><div id=\"field_2_86\" class=\"gfield gfield--type-section gfield--input-type-section gsection section-block color-h2 pagebreak field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_86\" ><h3 class=\"gsection_title\">Section B: Financial Plans<\/h3><\/div><div id=\"field_2_87\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full gfield_html gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_87\" >As part of its strategy to achieve net-zero, an entity should outline time-bound <span class=\"financial-planning with-tooltip\">financial planning<\/span> details of its transition. For example, capital expenditure (CapEx), operating expenditure (OpEx), revenue, etc. An entity should assess how the strategic plan will impact its expected financial position, financial performance, and cash flows over time. This includes expected changes to capital expenditure, asset write-downs, operational expenditures, demand for products and services, and wider financial impacts.<\/div><div id=\"field_2_90\" class=\"gfield gfield--type-html gfield--input-type-html question exclude gfield_html gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_90\" ><ol start=\"1\">\n\t\t<li>Does the entity have a feasible financial plan detailing the financial implications of the transition, in terms of the <span class=\"costs with-tooltip h2-line\">costs<\/span> and how it will be financed?<\/li>\n\t<\/ol><\/div><fieldset id=\"field_2_91\" class=\"gfield gfield--type-radio gfield--type-choice gfield--input-type-radio pdf-indent gfield_contains_required field_sublabel_below gfield--no-description field_description_below hidden_label field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_91\" ><legend class='gfield_label gform-field-label' >1. Does the entity have a feasible financial plan detailing the financial implications of the transition, in terms of the costs and how it will be financed?<span class=\"gfield_required\"><span class=\"gfield_required gfield_required_text\">(Required)<\/span><\/span><\/legend><div class='ginput_container ginput_container_radio'><div class='gfield_radio' id='input_2_91'>\n\t\t\t<div class='gchoice gchoice_2_91_0'>\n\t\t\t\t\t<input class='gfield-choice-input' name='input_91' type='radio' value='No'  id='choice_2_91_0' onchange='gformToggleRadioOther( this )'    \/>\n\t\t\t\t\t<label for='choice_2_91_0' id='label_2_91_0' class='gform-field-label gform-field-label--type-inline'>No<\/label>\n\t\t\t<\/div>\n\t\t\t<div class='gchoice gchoice_2_91_1'>\n\t\t\t\t\t<input class='gfield-choice-input' name='input_91' type='radio' value='Yes'  id='choice_2_91_1' onchange='gformToggleRadioOther( this )'    \/>\n\t\t\t\t\t<label for='choice_2_91_1' id='label_2_91_1' class='gform-field-label gform-field-label--type-inline'>Yes<\/label>\n\t\t\t<\/div><\/div><\/div><\/fieldset><div id=\"field_2_92\" class=\"gfield gfield--type-html gfield--input-type-html hallmark-note gfield_html gfield_html_formatted gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_92\" ><p>The plan should identify impacts on the overall <span class=\"financial-position-of-entity with-tooltip h2-line\">financial position of the entity<\/span>, including, but not limited to impacts on revenues, costs, and balance sheet. The financial plan includes interim milestones and metrics that can be tracked and monitored, using the Climate Bonds\u2019 Entity Certification.<\/p><\/div><div id=\"field_2_93\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full hallmark-note gfield_html gfield_html_formatted gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_93\" ><div>Ideally, entities should evaluate the expected impacts of the transition plan on financial performance (changes to revenues and costs), financial position (changes to assets and liabilities) and cash flow (changes to working capital). This could include: <\/div>\n\t<ul>\n\t\t<li>Expected impacts on operating costs (e.g., due to long-term utilities savings from investment in renewable energy assets)<\/li>\n\t\t<li>Expected impacts on revenues (e.g., due to shifts in the product portfolio, expected changes in prices etc.)<\/li>\n\t\t<li>Expected impacts on profit margins (e.g., due to assumptions regarding the degree to which changes in costs can be passed through to consumers)<\/li>\n\t<\/ul><\/div><div id=\"field_2_94\" class=\"gfield gfield--type-html gfield--input-type-html pdf-note gfield_html gfield_html_formatted gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_hidden\"  data-js-reload=\"field_2_94\" ><p><strong>Further Consideration<\/strong><\/p>\n<p><strong>\tDoes the entity have a history of accessing sustainable finance (green, social, sustainable, sustainability-linked bonds, loans, etc.)?<\/strong><br\/>\nIf an entity has a history of working towards sustainability and decarbonisation goals, investors are likely to anticipate that the entity\u2019s ambitions and technical expertise will build over time and lead to more ambitious and effective strategies.<\/p>\n\n<p><strong>Does this plan detail how financing will be used based on business area?<\/strong><br\/>\nEntities with diverse business areas are encouraged to allocate CaPex separately for each segment, demonstrating their emissions reduction plans by business area.<\/p>\n\n<p><strong>Does this plan compare funding for \u2018transition-away\u2019 vs. \u2018transition-to\u2019 business activities (Green vs. Brown; Taxonomy-aligned vs. non-aligned)?<\/strong><br\/>\nThere are not many entities performing this comparison or benchmarking exercise, but it would be considered good practice as it reinforces the entity\u2019s commitment to become climate aligned.<\/p>\n\n<p><strong>Does this plan include the use of fossil fuels, or lock-in of fossil fuel infrastructure?<\/strong><br\/>\nThe preferred approach is a \u201cno expansion\u201d policy which suggests that no additional commitment of CapEx will be approved for the acquisition or leasing of new fossil fuel assets. These assets might be fixed (e.g., property, plant, equipment) or intangible (e.g., goodwill, capitalized licences).<\/p>\n\n<p>Capital expenditures (CapEx) that have already been approved with a pre-dated Board sign-off are exempt from the exclusion rule pertaining to relevant fossil fuel assets. CaPex for maintenance of existing fossil fuel assets is permitted, so long as it does not extend the life of those assets.<\/p><\/div><div id=\"field_2_167\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full exclude gfield_html gfield_html_formatted gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_167\" >\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"859\" class=\"elementor elementor-859\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f13df9d e-flex e-con-boxed e-con e-parent\" data-id=\"f13df9d\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3c460f7 elementor-widget elementor-widget-html\" data-id=\"3c460f7\" data-element_type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<script>\r\njQuery(document).ready(function($) {\r\nvar delay = 100; setTimeout(function() {\r\n$('.elementor-tab-title').removeClass('elementor-active');\r\n $('.elementor-tab-content').css('display', 'none'); }, delay);\r\n});\r\n<\/script>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c2d345f color-h2 elementor-widget elementor-widget-accordion\" data-id=\"c2d345f\" data-element_type=\"widget\" data-widget_type=\"accordion.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-accordion\">\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-2041\" class=\"elementor-tab-title\" data-tab=\"1\" role=\"button\" aria-controls=\"elementor-tab-content-2041\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><svg class=\"e-font-icon-svg e-fas-plus-square\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M400 32H48C21.5 32 0 53.5 0 80v352c0 26.5 21.5 48 48 48h352c26.5 0 48-21.5 48-48V80c0-26.5-21.5-48-48-48zm-32 252c0 6.6-5.4 12-12 12h-92v92c0 6.6-5.4 12-12 12h-56c-6.6 0-12-5.4-12-12v-92H92c-6.6 0-12-5.4-12-12v-56c0-6.6 5.4-12 12-12h92v-92c0-6.6 5.4-12 12-12h56c6.6 0 12 5.4 12 12v92h92c6.6 0 12 5.4 12 12v56z\"><\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><svg class=\"e-font-icon-svg e-fas-minus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h384c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">Further Considerations<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-2041\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"1\" role=\"region\" aria-labelledby=\"elementor-tab-title-2041\"><p><strong>Does the entity have a history of accessing sustainable finance (green, social, sustainable, sustainability-linked bonds, loans, etc.)?<br \/><\/strong>If an entity has a history of working towards sustainability and decarbonisation goals, investors are likely to anticipate that the entity&#8217;s ambitions and technical expertise will build over time and lead to more ambitious and effective strategies.<\/p><p><strong>Does this plan detail how financing will be used based on business area?<br \/><\/strong>Entities with diverse business areas are encouraged to allocate CaPex separately for each segment, demonstrating their emissions reduction plans by business area.<\/p><p><strong>Does this plan compare funding for \u2018transition-away\u2019 vs. \u2018transition-to\u2019 business activities (Green vs. Brown; Taxonomy-aligned vs. non-aligned)?<br \/><\/strong>There are not many entities performing this comparison or benchmarking exercise, but it would be considered good practice as it reinforces the entity&#8217;s commitment to become climate aligned.<\/p><p><strong>Does this plan include the use of fossil fuels, or lock-in of <span class=\"fossil-fuel-infrastructure with-tooltip\">fossil fuel infrastructure<\/span>?<br \/><\/strong>The preferred approach is a \u201cno expansion\u201d policy which suggests that no additional commitment of CapEx will be approved for the acquisition or leasing of new fossil fuel assets. These assets might be fixed (e.g., property, plant, equipment) or intangible (e.g., goodwill, capitalized licences).<\/p><p>Capital expenditures (CapEx) that have already been approved with a pre-dated Board sign-off are exempt from the exclusion rule pertaining to relevant fossil fuel assets. CaPex for maintenance of existing fossil fuel assets is permitted, so long as it does not extend the life of those assets.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7cccf76 color-h2 elementor-widget elementor-widget-accordion\" data-id=\"7cccf76\" data-element_type=\"widget\" data-widget_type=\"accordion.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-accordion\">\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-1301\" class=\"elementor-tab-title\" data-tab=\"1\" role=\"button\" aria-controls=\"elementor-tab-content-1301\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><svg class=\"e-font-icon-svg e-fas-plus-square\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M400 32H48C21.5 32 0 53.5 0 80v352c0 26.5 21.5 48 48 48h352c26.5 0 48-21.5 48-48V80c0-26.5-21.5-48-48-48zm-32 252c0 6.6-5.4 12-12 12h-92v92c0 6.6-5.4 12-12 12h-56c-6.6 0-12-5.4-12-12v-92H92c-6.6 0-12-5.4-12-12v-56c0-6.6 5.4-12 12-12h92v-92c0-6.6 5.4-12 12-12h56c6.6 0 12 5.4 12 12v92h92c6.6 0 12 5.4 12 12v56z\"><\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><svg class=\"e-font-icon-svg e-fas-minus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h384c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">Additional Guidance<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-1301\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"1\" role=\"region\" aria-labelledby=\"elementor-tab-title-1301\"><p>\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"871\" class=\"elementor elementor-871\">\n\t\t\t\t<div class=\"elementor-element elementor-element-7ec32c5 e-flex e-con-boxed e-con e-parent\" data-id=\"7ec32c5\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-1779ce6 elementor-widget elementor-widget-heading\" data-id=\"1779ce6\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Assessing Capital Expenditure and Aligning with Emissions Targets<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-e43f326 e-flex e-con-boxed e-con e-parent\" data-id=\"e43f326\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-29d37e5 e-con-full e-flex e-con e-child\" data-id=\"29d37e5\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-7d357cc elementor-widget elementor-widget-heading\" data-id=\"7d357cc\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">STEP <br \/> 01<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-1bcfe84 e-con-full e-flex e-con e-child\" data-id=\"1bcfe84\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-96b5732 elementor-widget elementor-widget-heading\" data-id=\"96b5732\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Given that the entity has identified short- and medium-term emissions reduction targets, it must identify the corresponding CapEx required for the transition. <\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f6ea04f elementor-widget elementor-widget-text-editor\" data-id=\"f6ea04f\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The entity should now evaluate how its transition plan will be resourced, as well as the projected impact of these actions on the entity\u2019s financial position, performance, and cash flows. This may include:<\/p><ul style=\"list-style: outside;\"><li>The expected capital expenditure needs that arise from activities as outlined in business planning and operations, and products and services, both in absolute terms and, where possible, relative to total capital expenditure over the same time horizon<br \/><br \/><\/li><li>The expected investment needs for research and development activities that arise from activities as outlined in business planning and operations, and products and services, both in absolute terms and, where possible, relative to total research and development expenditure over the same time horizon.<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-cf0551f e-flex e-con-boxed e-con e-parent\" data-id=\"cf0551f\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-61c7527 e-con-full e-flex e-con e-child\" data-id=\"61c7527\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-77189c2 elementor-widget elementor-widget-heading\" data-id=\"77189c2\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">STEP <br \/> 02<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-f34a768 e-con-full e-flex e-con e-child\" data-id=\"f34a768\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-056bd64 elementor-widget elementor-widget-heading\" data-id=\"056bd64\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Is the allocated CaPex proportional to total CaPex planned?<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d8d0da5 elementor-widget elementor-widget-text-editor\" data-id=\"d8d0da5\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>This is important as it provides a signal to the entity\u2019s stakeholders as to how important climate change is as a priority.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-4d63d18 e-flex e-con-boxed e-con e-parent\" data-id=\"4d63d18\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-4a9702a e-con-full e-flex e-con e-child\" data-id=\"4a9702a\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-ea3423d elementor-widget elementor-widget-heading\" data-id=\"ea3423d\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">STEP <br> 03<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-3681715 e-con-full e-flex e-con e-child\" data-id=\"3681715\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-d007e06 elementor-widget elementor-widget-heading\" data-id=\"d007e06\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">With regards to ongoing planned CaPex, has the entity reviewed the impact of this future expenditure on emissions, and whether if it is in line with the entity\u2019s GHG targets and PTs?<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f661522 elementor-widget elementor-widget-text-editor\" data-id=\"f661522\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>If planned CaPex is not revaluated in terms of its impact on planned GHG targets this could seriously derail the comprehensiveness and effectiveness of any transition plan put in place.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<\/div><\/div>\n                    <\/div>\n                    <div class='gform-page-footer gform_page_footer top_label'>\n                        <input type='button' id='gform_previous_button_2_98' class='gform_previous_button gform-theme-button gform-theme-button--secondary button' onclick='gform.submission.handleButtonClick(this);' value='Previous'  \/> <input type='button' id='gform_next_button_2_98' class='gform_next_button gform-theme-button button' onclick='gform.submission.handleButtonClick(this);' value='Next'  \/> \n                    <\/div>\n                <\/div>\n                <div id='gform_page_2_5' class='gform_page' data-js='page-field-id-98' style='display:none;'>\n                    <div class='gform_page_fields'>\n                        <div id='gform_fields_2_5' class='gform_fields top_label form_sublabel_below description_below validation_below'><div id=\"field_2_147\" class=\"gfield gfield--type-section gfield--input-type-section gsection pagebreak field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_hidden\"  data-js-reload=\"field_2_147\" ><div class=\"admin-hidden-markup\"><i class=\"gform-icon gform-icon--hidden\" aria-hidden=\"true\" title=\"This field is hidden when viewing the form\"><\/i><span>This field is hidden when viewing the form<\/span><\/div><h3 class=\"gsection_title\">Hallmark 3<\/h3><\/div><div id=\"field_2_99\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full intro color-h3 gfield_html gfield_html_formatted gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_99\" ><div class=\"hallmark\">HALLMARK 3<\/div>\n<div class=\"subtitle\">Implementation Plans<\/div>\n<div class=\"info\">Hallmark 3 is a clear action plan that is already being implemented to support the delivery of interim performance targets, with identified metrics and indicators to assess delivery. The implementation plan referred to in Hallmark 3 ensures that the vision and plans under Hallmarks 1 and 2 are acted on.<\/div><\/div><div id=\"field_2_114\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full question exclude gfield_html gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_114\" ><ol start=\"1\">\n\t\t<li>Now that the entity has a strategy in place, has a corresponding implementation plan been developed?<\/li>\n\t<\/ol><\/div><div id=\"field_2_141\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full exclude gfield_html gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_141\" >\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"2023\" class=\"elementor elementor-2023\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f13df9d e-flex e-con-boxed e-con e-parent\" data-id=\"f13df9d\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3c460f7 elementor-widget elementor-widget-html\" data-id=\"3c460f7\" data-element_type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<script>\r\njQuery(document).ready(function($) {\r\nvar delay = 100; setTimeout(function() {\r\n$('.elementor-tab-title').removeClass('elementor-active');\r\n $('.elementor-tab-content').css('display', 'none'); }, delay);\r\n});\r\n<\/script>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c2d345f color-h3 elementor-widget elementor-widget-accordion\" data-id=\"c2d345f\" data-element_type=\"widget\" data-widget_type=\"accordion.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-accordion\">\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-2041\" class=\"elementor-tab-title\" data-tab=\"1\" role=\"button\" aria-controls=\"elementor-tab-content-2041\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><svg class=\"e-font-icon-svg e-fas-info\" viewBox=\"0 0 192 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M20 424.229h20V279.771H20c-11.046 0-20-8.954-20-20V212c0-11.046 8.954-20 20-20h112c11.046 0 20 8.954 20 20v212.229h20c11.046 0 20 8.954 20 20V492c0 11.046-8.954 20-20 20H20c-11.046 0-20-8.954-20-20v-47.771c0-11.046 8.954-20 20-20zM96 0C56.235 0 24 32.235 24 72s32.235 72 72 72 72-32.235 72-72S135.764 0 96 0z\"><\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><svg class=\"e-font-icon-svg e-fas-minus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h384c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">Note<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-2041\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"1\" role=\"region\" aria-labelledby=\"elementor-tab-title-2041\"><p>Developing an implementation plan to demonstrate how the entity will deliver against the GHG reduction targets (outline sources of emissions, and specific accountable plans to reduce them).<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<\/div><fieldset id=\"field_2_101\" class=\"gfield gfield--type-radio gfield--type-choice gfield--input-type-radio pdf-indent gfield_contains_required field_sublabel_below gfield--no-description field_description_above hidden_label field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_101\" ><legend class='gfield_label gform-field-label' >1. Now that the entity has a strategy in place, has a corresponding implementation plan been developed?<span class=\"gfield_required\"><span class=\"gfield_required gfield_required_text\">(Required)<\/span><\/span><\/legend><div class='ginput_container ginput_container_radio'><div class='gfield_radio' id='input_2_101'>\n\t\t\t<div class='gchoice gchoice_2_101_0'>\n\t\t\t\t\t<input class='gfield-choice-input' name='input_101' type='radio' value='At this stage, the entity has not developed a detailed implementation plan, but has a broad aspiration of the choices it will make.'  id='choice_2_101_0' onchange='gformToggleRadioOther( this )'    \/>\n\t\t\t\t\t<label for='choice_2_101_0' id='label_2_101_0' class='gform-field-label gform-field-label--type-inline'>At this stage, the entity has not developed a detailed implementation plan, but has a broad aspiration of the choices it will make.<\/label>\n\t\t\t<\/div>\n\t\t\t<div class='gchoice gchoice_2_101_1'>\n\t\t\t\t\t<input class='gfield-choice-input' name='input_101' type='radio' value='Yes, the entity has an implementation plan, but has no intention to publish it for competitive positioning reasons.'  id='choice_2_101_1' onchange='gformToggleRadioOther( this )'    \/>\n\t\t\t\t\t<label for='choice_2_101_1' id='label_2_101_1' class='gform-field-label gform-field-label--type-inline'>Yes, the entity has an implementation plan, but has no intention to publish it for competitive positioning reasons.<\/label>\n\t\t\t<\/div>\n\t\t\t<div class='gchoice gchoice_2_101_2'>\n\t\t\t\t\t<input class='gfield-choice-input' name='input_101' type='radio' value='What should the entity include when designing an implementation plan?'  id='choice_2_101_2' onchange='gformToggleRadioOther( this )'    \/>\n\t\t\t\t\t<label for='choice_2_101_2' id='label_2_101_2' class='gform-field-label gform-field-label--type-inline'>What should the entity include when designing an implementation plan?<\/label>\n\t\t\t<\/div><\/div><\/div><\/fieldset><div id=\"field_2_102\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full hallmark-note gfield_html gfield_html_formatted gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_102\" ><p>As a first step, the plan should set out, in increasing levels of detail, the choices the entity will make to move from aspiration to action. When evaluating risks and emissions, the entity will be able to immediately identify short-term solutions to reduce emissions.  <\/p><\/div><div id=\"field_2_103\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full hallmark-note gfield_html gfield_html_formatted gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_103\" ><p>An entity\u2019s transition plan serves a few purposes. Internally, it communicates the entity\u2019s commitment, ambition, and strategy to guide internal stakeholders, and the more comprehensive the information provided, the better it serves as a guiding document. Externally, the plan showcases the entity's commitment as a responsible corporate citizen and can be leveraged as an advocacy tool.<\/p><\/div><div id=\"field_2_104\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full hallmark-note gfield_html gfield_html_formatted gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_104\" >\t<div>Implementation plans include the following:<\/div>\n\t<ul>\n\t<li><strong>Action plan for scopes 1 and 2 emissions<\/strong> <br\/>A time-bound plan of the trackable actions the entity will take, or is taking, to implement its decarbonisation strategy.\nThis includes interim milestones and metrics annually.<\/li>\n\t\t<li><strong>Action plan for scope 3 emissions<\/strong> <br\/>A time-bound plan of the trackable actions the entity will take, or is taking, to implement its decarbonisation strategy vis-\u00e0-vis scope 3 emissions.<\/li>\n\t\t<li><strong>Finance plan <\/strong> <br\/>A finance plan detailing the financial implications of the action plan, and the trackable actions being taken\/to be taken to deliver this finance plan. <\/li>\n\t\t<li><strong>Internal policy alignment <\/strong> <br\/>Information on the key internal policies and conditions developed, or to be developed, to enable the delivery of the climate mitigation performance targets, action plan and finance plan. <\/li>\n\t\t<li><strong>Sensitivity analysis <\/strong> <br\/>Sensitivity analysis identifying the key sensitivities and risks to the action and finance plans that have the potential to decisively impact the delivery of the climate mitigation Performance Targets.<\/li>\n\t<\/ul><\/div><div id=\"field_2_115\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full exclude gfield_html gfield_html_formatted gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_115\" >\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"2399\" class=\"elementor elementor-2399\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f13df9d e-flex e-con-boxed e-con e-parent\" data-id=\"f13df9d\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3c460f7 elementor-widget elementor-widget-html\" data-id=\"3c460f7\" data-element_type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<script>\r\njQuery(document).ready(function($) {\r\nvar delay = 100; setTimeout(function() {\r\n$('.elementor-tab-title').removeClass('elementor-active');\r\n $('.elementor-tab-content').css('display', 'none'); }, delay);\r\n});\r\n<\/script>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c2d345f color-h3 elementor-widget elementor-widget-accordion\" data-id=\"c2d345f\" data-element_type=\"widget\" data-widget_type=\"accordion.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-accordion\">\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-2041\" class=\"elementor-tab-title\" data-tab=\"1\" role=\"button\" aria-controls=\"elementor-tab-content-2041\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><svg class=\"e-font-icon-svg e-fas-plus-square\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M400 32H48C21.5 32 0 53.5 0 80v352c0 26.5 21.5 48 48 48h352c26.5 0 48-21.5 48-48V80c0-26.5-21.5-48-48-48zm-32 252c0 6.6-5.4 12-12 12h-92v92c0 6.6-5.4 12-12 12h-56c-6.6 0-12-5.4-12-12v-92H92c-6.6 0-12-5.4-12-12v-56c0-6.6 5.4-12 12-12h92v-92c0-6.6 5.4-12 12-12h56c6.6 0 12 5.4 12 12v92h92c6.6 0 12 5.4 12 12v56z\"><\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><svg class=\"e-font-icon-svg e-fas-minus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h384c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">Additonal Guidance<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-2041\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"1\" role=\"region\" aria-labelledby=\"elementor-tab-title-2041\"><p>\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"1555\" class=\"elementor elementor-1555\">\n\t\t\t\t<div class=\"elementor-element elementor-element-7ec32c5 e-flex e-con-boxed e-con e-parent\" data-id=\"7ec32c5\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6eaafd0 elementor-widget elementor-widget-heading\" data-id=\"6eaafd0\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Designing an Implementation Plan<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-e43f326 e-flex e-con-boxed e-con e-parent\" data-id=\"e43f326\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-29d37e5 e-con-full e-flex e-con e-child\" data-id=\"29d37e5\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-9e4324d elementor-widget elementor-widget-heading\" data-id=\"9e4324d\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">STEP <br \/> 01<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-1bcfe84 e-con-full e-flex e-con e-child\" data-id=\"1bcfe84\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-96b5732 elementor-widget elementor-widget-heading\" data-id=\"96b5732\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Establish systems that will support the delivery of the change identified in the transition plan, including supply chain mapping, disclosure regimes developed, data sources identified, and governance mechanisms for risk management<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f6ea04f elementor-widget elementor-widget-text-editor\" data-id=\"f6ea04f\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>More specifically, an entity may want to assess which of the metrics and targets that it already reports on under TCFD-aligned disclosures could be meaningful for measuring progress against its transition plan. Examples include:<\/p>\n<ul style=\"list-style:outside;\">\n<li>Scopes 1, 2, and 3 greenhouse gas (GHG) interim emissions reduction targets<br><br><\/li>\n<li>Amount and extent of assets or business activities vulnerable to transition and physical risks (e.g., percentage of revenue from coal mining, number and value of mortgage loans in 100-year flood zones, etc.)<br><br><\/li>\n<li>Amount of capital expenditure, financing, or investment deployed toward climate-related risks and opportunities (e.g., percentage of annual revenue invested in R&amp;D of low-carbon products and services, investment in climate adaptation)<\/li>\n<\/ul>\n<p>Proportion of executive management remuneration that is linked to climate considerations.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-cf0551f e-flex e-con-boxed e-con e-parent\" data-id=\"cf0551f\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-61c7527 e-con-full e-flex e-con e-child\" data-id=\"61c7527\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-fbe16c2 elementor-widget elementor-widget-heading\" data-id=\"fbe16c2\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">STEP <br> 02<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-f34a768 e-con-full e-flex e-con e-child\" data-id=\"f34a768\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-056bd64 elementor-widget elementor-widget-heading\" data-id=\"056bd64\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">KPI Tracking for Board Oversight<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d8d0da5 elementor-widget elementor-widget-text-editor\" data-id=\"d8d0da5\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The entity has developed the necessary internal governance systems and monitoring mechanisms to enable effective board-level oversight. This internal control system may include an internal audit system.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-4d63d18 e-flex e-con-boxed e-con e-parent\" data-id=\"4d63d18\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-4a9702a e-con-full e-flex e-con e-child\" data-id=\"4a9702a\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f96a001 elementor-widget elementor-widget-heading\" data-id=\"f96a001\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">STEP <br> 03<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-3681715 e-con-full e-flex e-con e-child\" data-id=\"3681715\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-d007e06 elementor-widget elementor-widget-heading\" data-id=\"d007e06\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Establish if the entity should have an engagement strategy that could support the meeting of KPIs<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f661522 elementor-widget elementor-widget-text-editor\" data-id=\"f661522\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>For example, for sectors with large scope 3 emissions like <a href=\"https:\/\/www.climatebonds.net\/transition-finance\/agri-food-transitions\" target=\"_blank\" rel=\"noopener\"><strong>agri-food<\/strong><\/a>, what supply chain engagement has the entity undertaken to help reduce its upstream\/downstream emissions? In addition, if there are systemic barriers to the entity in achieving its transition plan, an engagement strategy with industry peers would be an effective cross-sector collaborative approach. This could, for example, include creating or participating in industry alliances, trade organisations, or directly engaging with industry peers.<\/p><p>Lastly, engagement with government, public sector, and civil society organisations. An entity may review its engagement activities with government, public sector, and civil society to ensure that these are aligned with and support its transition objectives. As part of its transition plan, the entity may seek to encourage governments or regulators to create new policies and regulations that facilitate net-zero aligned investment and transition of its sector.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-9fda4b2 e-flex e-con-boxed e-con e-parent\" data-id=\"9fda4b2\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6e8ab5f elementor-widget elementor-widget-spacer\" data-id=\"6e8ab5f\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<\/div><div id=\"field_2_168\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full pdf-note gfield_html gfield_html_formatted gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_hidden\"  data-js-reload=\"field_2_168\" ><p><strong>Note:<\/strong> Developing an implementation plan to demonstrate how the entity will deliver against the GHG reduction targets (outline sources of emissions, and specific accountable plans to reduce them).<\/p><\/div><div id=\"field_2_113\" class=\"gfield gfield--type-section gfield--input-type-section gsection section-block color-h3 field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_113\" ><h3 class=\"gsection_title\">Reporting on KPI tracking<\/h3><\/div><div id=\"field_2_112\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full question exclude gfield_html gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_112\" ><ol start=\"1\">\n\t\t<li>Is the entity delivering the interim milestones and metrics identified in its action plans and financial plan?<\/li>\n\t<\/ol><\/div><fieldset id=\"field_2_116\" class=\"gfield gfield--type-radio gfield--type-choice gfield--input-type-radio pdf-indent field_sublabel_below gfield--no-description field_description_below hidden_label field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_116\" ><legend class='gfield_label gform-field-label' >1. Is the entity delivering the interim milestones and metrics identified in its action plans and financial plan?<\/legend><div class='ginput_container ginput_container_radio'><div class='gfield_radio' id='input_2_116'>\n\t\t\t<div class='gchoice gchoice_2_116_0'>\n\t\t\t\t\t<input class='gfield-choice-input' name='input_116' type='radio' value='No - Interim milestones and\/or metrics &lt;span class=&quot;not-been-met with-tooltip h3-line&quot;&gt;have not been met&lt;\/span&gt;.'  id='choice_2_116_0' onchange='gformToggleRadioOther( this )'    \/>\n\t\t\t\t\t<label for='choice_2_116_0' id='label_2_116_0' class='gform-field-label gform-field-label--type-inline'>No - Interim milestones and\/or metrics <span class=\"not-been-met with-tooltip h3-line\">have not been met<\/span>.<\/label>\n\t\t\t<\/div>\n\t\t\t<div class='gchoice gchoice_2_116_1'>\n\t\t\t\t\t<input class='gfield-choice-input' name='input_116' type='radio' value='Yes - interim milestones and\/or metrics have been met.'  id='choice_2_116_1' onchange='gformToggleRadioOther( this )'    \/>\n\t\t\t\t\t<label for='choice_2_116_1' id='label_2_116_1' class='gform-field-label gform-field-label--type-inline'>Yes - interim milestones and\/or metrics have been met.<\/label>\n\t\t\t<\/div><\/div><\/div><\/fieldset><div id=\"field_2_117\" class=\"gfield gfield--type-html gfield--input-type-html hallmark-note gfield_html gfield_html_formatted gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_117\" ><p>This is a good time to review the reasons behind metrics not being met. There could be many reasons, e.g., the entity\u2019s environment or supply chain is slower to transition than your ambitions. <\/p>\n<p>Alternatively, the entity may not have designed the right implementation plans or identified the right champions to keep the pace of transition at a good rate. Whatever the case, the reasons for this should be explored and explained, and corrective action being taken should also be explained.<\/p>\n<\/div><div id=\"field_2_118\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full hallmark-note gfield_html gfield_html_formatted gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_118\" ><p>Data inputs and the plan itself should regularly be reviewed to ensure assumptions and analysis were accurate. A climate transition plan is a live document, and both iterations and course corrections will be necessary as a business and its market evolves. It would be worth considering if an entity\u2019s interim milestones were sufficiently ambitious.<\/p>\n<\/div><div id=\"field_2_120\" class=\"gfield gfield--type-section gfield--input-type-section gsection exclude field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_120\" ><h3 class=\"gsection_title\"><\/h3><\/div><div id=\"field_2_119\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full question exclude gfield_html gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_119\" ><ol start=\"2\">\n\t\t<li>Has the action plan been verified and reported on annually?<\/li>\n\t<\/ol><\/div><div id=\"field_2_142\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full exclude gfield_html gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_142\" >\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"2028\" class=\"elementor elementor-2028\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f13df9d e-flex e-con-boxed e-con e-parent\" data-id=\"f13df9d\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3c460f7 elementor-widget elementor-widget-html\" data-id=\"3c460f7\" data-element_type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<script>\r\njQuery(document).ready(function($) {\r\nvar delay = 100; setTimeout(function() {\r\n$('.elementor-tab-title').removeClass('elementor-active');\r\n $('.elementor-tab-content').css('display', 'none'); }, delay);\r\n});\r\n<\/script>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c2d345f color-h3 elementor-widget elementor-widget-accordion\" data-id=\"c2d345f\" data-element_type=\"widget\" data-widget_type=\"accordion.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-accordion\">\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-2041\" class=\"elementor-tab-title\" data-tab=\"1\" role=\"button\" aria-controls=\"elementor-tab-content-2041\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><svg class=\"e-font-icon-svg e-fas-info\" viewBox=\"0 0 192 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M20 424.229h20V279.771H20c-11.046 0-20-8.954-20-20V212c0-11.046 8.954-20 20-20h112c11.046 0 20 8.954 20 20v212.229h20c11.046 0 20 8.954 20 20V492c0 11.046-8.954 20-20 20H20c-11.046 0-20-8.954-20-20v-47.771c0-11.046 8.954-20 20-20zM96 0C56.235 0 24 32.235 24 72s32.235 72 72 72 72-32.235 72-72S135.764 0 96 0z\"><\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><svg class=\"e-font-icon-svg e-fas-minus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h384c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">Note<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-2041\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"1\" role=\"region\" aria-labelledby=\"elementor-tab-title-2041\"><p>Third party certification and\/or verification of a transition plan, (currently provided by Climate Bonds and Assessing Corporate Transition (ACT) Initiative, among others) is a hugely valuable tool to support corporates in communicating their ambition to stakeholders.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<\/div><fieldset id=\"field_2_121\" class=\"gfield gfield--type-radio gfield--type-choice gfield--input-type-radio pdf-indent pdf-gap gfield_contains_required field_sublabel_below gfield--no-description field_description_above hidden_label field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_121\" ><legend class='gfield_label gform-field-label' >2. Has the action plan been verified and reported on annually?<span class=\"gfield_required\"><span class=\"gfield_required gfield_required_text\">(Required)<\/span><\/span><\/legend><div class='ginput_container ginput_container_radio'><div class='gfield_radio' id='input_2_121'>\n\t\t\t<div class='gchoice gchoice_2_121_0'>\n\t\t\t\t\t<input class='gfield-choice-input' name='input_121' type='radio' value='Yes'  id='choice_2_121_0' onchange='gformToggleRadioOther( this )'    \/>\n\t\t\t\t\t<label for='choice_2_121_0' id='label_2_121_0' class='gform-field-label gform-field-label--type-inline'>Yes<\/label>\n\t\t\t<\/div>\n\t\t\t<div class='gchoice gchoice_2_121_1'>\n\t\t\t\t\t<input class='gfield-choice-input' name='input_121' type='radio' value='No'  id='choice_2_121_1' onchange='gformToggleRadioOther( this )'    \/>\n\t\t\t\t\t<label for='choice_2_121_1' id='label_2_121_1' class='gform-field-label gform-field-label--type-inline'>No<\/label>\n\t\t\t<\/div><\/div><\/div><\/fieldset><div id=\"field_2_122\" class=\"gfield gfield--type-html gfield--input-type-html hallmark-note gfield_html gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_122\" ><p>The entity is a step ahead compared to its peers in communicating its ambition to stakeholders, as well as provide investors with confidence on the credibility of the plan. <\/p><\/div><div id=\"field_2_123\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full hallmark-note gfield_html gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_123\" ><p>Climate Bonds encourages third party certification for all plans. It is necessary for all stakeholders to understand what transition plans should contain and how to find additional related information.<\/p><\/div><div id=\"field_2_169\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full pdf-note gfield_html gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_hidden\"  data-js-reload=\"field_2_169\" ><p><strong>Note: <\/strong>Third party certification and\/or verification of a transition plan, (currently provided by Climate Bonds and Assessing Corporate Transition (ACT) Initiative, among others) is a hugely valuable tool to support corporates in communicating their ambition to stakeholders.<\/p><\/div><\/div>\n                    <\/div>\n                    <div class='gform-page-footer gform_page_footer top_label'>\n                        <input type='button' id='gform_previous_button_2_124' class='gform_previous_button gform-theme-button gform-theme-button--secondary button' onclick='gform.submission.handleButtonClick(this);' value='Previous'  \/> <input type='button' id='gform_next_button_2_124' class='gform_next_button gform-theme-button button' onclick='gform.submission.handleButtonClick(this);' value='Next'  \/> \n                    <\/div>\n                <\/div>\n                <div id='gform_page_2_6' class='gform_page' data-js='page-field-id-124' style='display:none;'>\n                    <div class='gform_page_fields'>\n                        <div id='gform_fields_2_6' class='gform_fields top_label form_sublabel_below description_below validation_below'><div id=\"field_2_148\" class=\"gfield gfield--type-section gfield--input-type-section gsection pagebreak field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_hidden\"  data-js-reload=\"field_2_148\" ><div class=\"admin-hidden-markup\"><i class=\"gform-icon gform-icon--hidden\" aria-hidden=\"true\" title=\"This field is hidden when viewing the form\"><\/i><span>This field is hidden when viewing the form<\/span><\/div><h3 class=\"gsection_title\">Hallmark 4<\/h3><\/div><div id=\"field_2_170\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full intro color-h4 gfield_html gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_170\" ><div class=\"hallmark\">HALLMARK 4<\/div>\n<div class=\"subtitle\">Internal Reporting<\/div>\n<div class=\"info\">Governance covers the internal monitoring, accountability mechanisms, and leadership systems needed to drive <span class=\"transition with-tooltip\">transition<\/span>.<\/div><\/div><div id=\"field_2_126\" class=\"gfield gfield--type-html gfield--input-type-html question exclude gfield_html gfield_html_formatted gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_126\" ><ol start=\"1\">\n\t\t<li>Does the entity have the relevant <span class=\"governance-mechanisms with-tooltip h4-line\">governance mechanisms<\/span> in place to deliver this plan?<\/li>\n\t<\/ol><\/div><div id=\"field_2_143\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full exclude gfield_html gfield_html_formatted gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_143\" >\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"2033\" class=\"elementor elementor-2033\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f13df9d e-flex e-con-boxed e-con e-parent\" data-id=\"f13df9d\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3c460f7 elementor-widget elementor-widget-html\" data-id=\"3c460f7\" data-element_type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<script>\r\njQuery(document).ready(function($) {\r\nvar delay = 100; setTimeout(function() {\r\n$('.elementor-tab-title').removeClass('elementor-active');\r\n $('.elementor-tab-content').css('display', 'none'); }, delay);\r\n});\r\n<\/script>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c2d345f color-h4 elementor-widget elementor-widget-accordion\" data-id=\"c2d345f\" data-element_type=\"widget\" data-widget_type=\"accordion.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-accordion\">\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-2041\" class=\"elementor-tab-title\" data-tab=\"1\" role=\"button\" aria-controls=\"elementor-tab-content-2041\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><svg class=\"e-font-icon-svg e-fas-info\" viewBox=\"0 0 192 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M20 424.229h20V279.771H20c-11.046 0-20-8.954-20-20V212c0-11.046 8.954-20 20-20h112c11.046 0 20 8.954 20 20v212.229h20c11.046 0 20 8.954 20 20V492c0 11.046-8.954 20-20 20H20c-11.046 0-20-8.954-20-20v-47.771c0-11.046 8.954-20 20-20zM96 0C56.235 0 24 32.235 24 72s32.235 72 72 72 72-32.235 72-72S135.764 0 96 0z\"><\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><svg class=\"e-font-icon-svg e-fas-minus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h384c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">Note<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-2041\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"1\" role=\"region\" aria-labelledby=\"elementor-tab-title-2041\"><p>Transition plans should be transparent in the oversight and responsibilities of senior management and the board in preparing, reviewing, approving, and delivering the plan. Some non-profit\/civil society organisations advocate that to ensure genuine commitment management remuneration should be tied to the successful execution of the plan. Furthermore, they suggest that internal carbon pricing can play a pivotal role in influencing management decision-making within the organisation.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<\/div><fieldset id=\"field_2_127\" class=\"gfield gfield--type-radio gfield--type-choice gfield--input-type-radio pdf-indent gfield_contains_required field_sublabel_below gfield--no-description field_description_above hidden_label field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_127\" ><legend class='gfield_label gform-field-label' >1. Does the entity have the relevant governance mechanisms in place to deliver this plan?<span class=\"gfield_required\"><span class=\"gfield_required gfield_required_text\">(Required)<\/span><\/span><\/legend><div class='ginput_container ginput_container_radio'><div class='gfield_radio' id='input_2_127'>\n\t\t\t<div class='gchoice gchoice_2_127_0'>\n\t\t\t\t\t<input class='gfield-choice-input' name='input_127' type='radio' value='The entity has identified a dedicated officer\/manager who is responsible for the implementation of the entity&#039;s climate change plan.'  id='choice_2_127_0' onchange='gformToggleRadioOther( this )'    \/>\n\t\t\t\t\t<label for='choice_2_127_0' id='label_2_127_0' class='gform-field-label gform-field-label--type-inline'>The entity has identified a dedicated officer\/manager who is responsible for the implementation of the entity's climate change plan.<\/label>\n\t\t\t<\/div>\n\t\t\t<div class='gchoice gchoice_2_127_1'>\n\t\t\t\t\t<input class='gfield-choice-input' name='input_127' type='radio' value='The entity has identified this to be part of the key performance indicator of the Strategy team who report directly to key senior management, including and not limited to, CEO, COO and CFO.'  id='choice_2_127_1' onchange='gformToggleRadioOther( this )'    \/>\n\t\t\t\t\t<label for='choice_2_127_1' id='label_2_127_1' class='gform-field-label gform-field-label--type-inline'>The entity has identified this to be part of the key performance indicator of the Strategy team who report directly to key senior management, including and not limited to, CEO, COO and CFO.<\/label>\n\t\t\t<\/div>\n\t\t\t<div class='gchoice gchoice_2_127_2'>\n\t\t\t\t\t<input class='gfield-choice-input' name='input_127' type='radio' value='The entity secured commitment from the board and senior management and has developed the appropriate governance structure.'  id='choice_2_127_2' onchange='gformToggleRadioOther( this )'    \/>\n\t\t\t\t\t<label for='choice_2_127_2' id='label_2_127_2' class='gform-field-label gform-field-label--type-inline'>The entity secured commitment from the board and senior management and has developed the appropriate governance structure.<\/label>\n\t\t\t<\/div><\/div><\/div><\/fieldset><div id=\"field_2_128\" class=\"gfield gfield--type-html gfield--input-type-html hallmark-note gfield_html gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_128\" ><p>Some entities designate the communications team to be responsible for climate change actions on the assumption that it is a communications mission. However, a communication strategy with no clear commitment or implementation strategy will impact your reputation in the long run.<\/p><\/div><div id=\"field_2_129\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full hallmark-note gfield_html gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_129\" ><p>Unless the board is also committed to climate change and recognises it as a business risk, senior management in the long run may struggle to effectively make climate change a priority. <\/p>\n\n<p>The rationale is that transitioning to become a low emission entity will require commitment to shift business models, incur CaPex and realign decisions to take into account climate change. Transition strategy will not be effective unless senior management has the support of their board.<\/p>\n<\/div><div id=\"field_2_130\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full hallmark-note gfield_html gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_130\" ><p>To ensure an effective transition plan, an entity should ensure its governance structure is robust with a clear mandate \u2013 outlining responsibilities, approval, and monitoring process.<\/p>\n<\/div><div id=\"field_2_132\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full exclude gfield_html gfield_html_formatted gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_132\" >\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"1647\" class=\"elementor elementor-1647\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f13df9d e-flex e-con-boxed e-con e-parent\" data-id=\"f13df9d\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3c460f7 elementor-widget elementor-widget-html\" data-id=\"3c460f7\" data-element_type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<script>\r\njQuery(document).ready(function($) {\r\nvar delay = 100; setTimeout(function() {\r\n$('.elementor-tab-title').removeClass('elementor-active');\r\n $('.elementor-tab-content').css('display', 'none'); }, delay);\r\n});\r\n<\/script>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c2d345f color-h4 elementor-widget elementor-widget-accordion\" data-id=\"c2d345f\" data-element_type=\"widget\" data-widget_type=\"accordion.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-accordion\">\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-2041\" class=\"elementor-tab-title\" data-tab=\"1\" role=\"button\" aria-controls=\"elementor-tab-content-2041\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><svg class=\"e-font-icon-svg e-fas-plus-square\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M400 32H48C21.5 32 0 53.5 0 80v352c0 26.5 21.5 48 48 48h352c26.5 0 48-21.5 48-48V80c0-26.5-21.5-48-48-48zm-32 252c0 6.6-5.4 12-12 12h-92v92c0 6.6-5.4 12-12 12h-56c-6.6 0-12-5.4-12-12v-92H92c-6.6 0-12-5.4-12-12v-56c0-6.6 5.4-12 12-12h92v-92c0-6.6 5.4-12 12-12h56c6.6 0 12 5.4 12 12v92h92c6.6 0 12 5.4 12 12v56z\"><\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><svg class=\"e-font-icon-svg e-fas-minus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h384c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">Additional Guidance<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-2041\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"1\" role=\"region\" aria-labelledby=\"elementor-tab-title-2041\"><p>\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"1633\" class=\"elementor elementor-1633\">\n\t\t\t\t<div class=\"elementor-element elementor-element-7ec32c5 e-flex e-con-boxed e-con e-parent\" data-id=\"7ec32c5\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-1779ce6 elementor-widget elementor-widget-heading\" data-id=\"1779ce6\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Understanding Board&#8217;s Responsibilities<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-e43f326 e-flex e-con-boxed e-con e-parent\" data-id=\"e43f326\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-29d37e5 e-con-full e-flex e-con e-child\" data-id=\"29d37e5\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-1190ca4 elementor-widget elementor-widget-heading\" data-id=\"1190ca4\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">STEP <br \/> 01<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-1bcfe84 e-con-full e-flex e-con e-child\" data-id=\"1bcfe84\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-96b5732 elementor-widget elementor-widget-heading\" data-id=\"96b5732\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Responsibilities<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f6ea04f elementor-widget elementor-widget-text-editor\" data-id=\"f6ea04f\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>\u00a0The board or equivalent governing body means:<\/p><ul><li>The Board<\/li><li>A named, specific, Board committee<\/li><li>An executive or committee that reports on this directly to the board or to a Board-level committee<\/li><\/ul><p><span style=\"font-size: 14.4px;\">The board is responsible for (re)setting and monitoring the delivery of the transition plan (including the performance targets, vision, action plans and finance plan).<\/span><\/p><p>This includes any changes to the plan to correct for any under-performance or missed milestones, plus a regular reassessment at least every five years to reflect changing operating conditions and market developments such as new technologies coming online sooner than expected.<\/p><p><strong>Mandate:<\/strong> The board should ensure that management fully identifies climate-related risks in the short, medium and long-term, assess their materiality, and takes appropriate action according to the materiality of the risks. Potential responsibilities:<\/p><ul><li>Oversee the design of the Climate Mitigation Performance Targets and Delivery Strategy.<\/li><li>Approve the Climate Mitigation Performance Targets and Delivery Strategy.<\/li><li>Oversee the execution and monitor progress with the Delivery Strategy.<\/li><li>Approve and monitor any corrective actions required where interim Climate Mitigation Performance Targets and Delivery Strategy milestones are not being met.<\/li><\/ul><p>A dedicated individual or individuals on the board responsible for climate change-related issues. For example, there should be in place a Climate\/Sustainability\/ESG individual or committee that reports to the board on the actions and progress of departmental climate\/transition working groups.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-cf0551f e-flex e-con-boxed e-con e-parent\" data-id=\"cf0551f\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-61c7527 e-con-full e-flex e-con e-child\" data-id=\"61c7527\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-7b78fe8 elementor-widget elementor-widget-heading\" data-id=\"7b78fe8\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">STEP <br> 02<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-f34a768 e-con-full e-flex e-con e-child\" data-id=\"f34a768\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-056bd64 elementor-widget elementor-widget-heading\" data-id=\"056bd64\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Oversight on the setting, performance, and reporting of the PTs<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d8d0da5 elementor-widget elementor-widget-text-editor\" data-id=\"d8d0da5\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Setting and monitoring the Climate Mitigation Performance Targets and Delivery Strategy:<\/p><p><strong>Setting Climate Mitigation Performance Targets and the Delivery Strategy <br \/><\/strong>Tools and mechanisms should be in place for the setting of robust Climate Mitigation Performance Targets and the Delivery Strategy, including a full review and, if necessary, update of the Climate Mitigation Performance Targets and the Delivery Strategy at least every five years.<\/p><p><strong>Tracking and monitoring delivery <\/strong><br \/>Tools and mechanisms are in place for tracking and monitoring the delivery of interim Climate Mitigation Performance Targets and the milestones and metrics identified in the Action Plans and Finance Plan. Some examples of oversight instruments could include:<\/p><ul><li>Information on internal controls that are in place to scrutinise the transition plan, and progress against the plan, by relevant internal assurance functions such as internal audit<\/li><li>Stakeholder communication and feedback mechanisms, including whether the Transition Plan is scrutinised by shareholders (such as through an advisory vote at the entity&#8217;s Annual General Meeting, or resolution subject to shareholder approval)<\/li><li>Information on any tracking and estimation tools, including but not limited to GHG performance tools, and any equivalents for Climate Mitigation Performance Targets that are not expressed in terms of GHG emissions<\/li><li>Information on the process for regularly reviewing the Transition Plan to ensure material updates are incorporated and challenges are addressed<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d2a757a color-h4 elementor-widget elementor-widget-accordion\" data-id=\"d2a757a\" data-element_type=\"widget\" data-widget_type=\"accordion.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-accordion\">\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-2201\" class=\"elementor-tab-title\" data-tab=\"1\" role=\"button\" aria-controls=\"elementor-tab-content-2201\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><svg class=\"e-font-icon-svg e-fas-plus-square\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M400 32H48C21.5 32 0 53.5 0 80v352c0 26.5 21.5 48 48 48h352c26.5 0 48-21.5 48-48V80c0-26.5-21.5-48-48-48zm-32 252c0 6.6-5.4 12-12 12h-92v92c0 6.6-5.4 12-12 12h-56c-6.6 0-12-5.4-12-12v-92H92c-6.6 0-12-5.4-12-12v-56c0-6.6 5.4-12 12-12h92v-92c0-6.6 5.4-12 12-12h56c6.6 0 12 5.4 12 12v92h92c6.6 0 12 5.4 12 12v56z\"><\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><svg class=\"e-font-icon-svg e-fas-minus\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 208H32c-17.67 0-32 14.33-32 32v32c0 17.67 14.33 32 32 32h384c17.67 0 32-14.33 32-32v-32c0-17.67-14.33-32-32-32z\"><\/path><\/svg><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">Further Considerations<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-2201\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"1\" role=\"region\" aria-labelledby=\"elementor-tab-title-2201\"><p><strong>Senior management responsibilities <br \/><\/strong>Senior management has responsibility for the execution of the Delivery Strategy, and the responsible parties have authority and access to resources to ensure execution.<\/p><p><strong>What is the importance of this?<\/strong><br \/>A <a href=\"https:\/\/kpmg.com\/xx\/en\/blogs\/home\/posts\/2022\/11\/preparing-your-organization-for-climate-transition-planning.html\" target=\"_blank\" rel=\"noopener\">recent survey by a consulting firm<\/a> identified that senior management found implementing transition plans was difficult if carbon considerations are not sufficiently embedded in decision-making.<\/p><p><strong>How could management do this effectively?<br \/><\/strong>Senior management must factor material climate-related risks and opportunities into the entity&#8217;s strategy, risk management process, and investment decisions.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<\/div><div id=\"field_2_171\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full pdf-note gfield_html gfield_html_formatted gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_hidden\"  data-js-reload=\"field_2_171\" ><p><strong>Further Consideration<\/strong><\/p>\t\n<p><strong>Senior management responsibilities<\/strong><br\/>\nSenior management has responsibility for the execution of the Delivery Strategy, and the responsible parties have authority and access to resources to ensure execution.<\/p>\n\n<p><strong>What is the importance of this?<\/strong><br\/>\nA recent survey by a consulting firm identified that senior management found implementing transition plans was difficult if carbon considerations are not sufficiently embedded in decision-making.<\/p>\n\n<p><strong>How could management do this effectively?<\/strong><br\/>\nSenior management must factor material climate-related risks and opportunities into the entity\u2019s strategy, risk management process, and investment decisions.<\/p><\/div><\/div>\n                    <\/div>\n                    <div class='gform-page-footer gform_page_footer top_label'>\n                        <input type='button' id='gform_previous_button_2_133' class='gform_previous_button gform-theme-button gform-theme-button--secondary button' onclick='gform.submission.handleButtonClick(this);' value='Previous'  \/> <input type='button' id='gform_next_button_2_133' class='gform_next_button gform-theme-button button' onclick='gform.submission.handleButtonClick(this);' value='Next'  \/> \n                    <\/div>\n                <\/div>\n                <div id='gform_page_2_7' class='gform_page' data-js='page-field-id-133' style='display:none;'>\n                    <div class='gform_page_fields'>\n                        <div id='gform_fields_2_7' class='gform_fields top_label form_sublabel_below description_below validation_below'><div id=\"field_2_154\" class=\"gfield gfield--type-section gfield--input-type-section gsection pagebreak field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_hidden\"  data-js-reload=\"field_2_154\" ><div class=\"admin-hidden-markup\"><i class=\"gform-icon gform-icon--hidden\" aria-hidden=\"true\" title=\"This field is hidden when viewing the form\"><\/i><span>This field is hidden when viewing the form<\/span><\/div><h3 class=\"gsection_title\">Hallmark 5<\/h3><\/div><div id=\"field_2_134\" class=\"gfield gfield--type-html gfield--input-type-html intro color-h5 gfield_html gfield_html_formatted gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_134\" ><div class=\"hallmark\">HALLMARK 5<\/div>\n<div class=\"subtitle\">External Reporting<\/div>\n<div class=\"info\">Numerous organisations, such as CDP, ISSB, GRI, GFANZ, and the UK Transition Plan Taskforce, offer comprehensive guidance on reporting an entity's transition to a low-emissions business. Through engagement with investors and tracking climate-related debt issuances, Climate Bonds has developed the recommendations reflected below, highlighting specific elements recognised as best practices, including by investors.<\/div><\/div><div id=\"field_2_135\" class=\"gfield gfield--type-html gfield--input-type-html exclude gfield_html gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_135\" >\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"1658\" class=\"elementor elementor-1658\">\n\t\t\t\t<div class=\"elementor-element elementor-element-8ece6c6 e-flex e-con-boxed e-con e-parent\" data-id=\"8ece6c6\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-d6bfc3e e-flex e-con-boxed e-con e-child\" data-id=\"d6bfc3e\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-a1be474 e-con-full e-flex e-con e-child\" data-id=\"a1be474\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-953479b elementor-widget elementor-widget-heading\" data-id=\"953479b\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">01<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-4855425 e-con-full e-flex e-con e-child\" data-id=\"4855425\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-1aa4473 elementor-widget elementor-widget-heading\" data-id=\"1aa4473\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Do the board and management ensure that the entity discloses its material climate-related risks, opportunities, and strategic decisions to all stakeholders - especially to investors and regulators? <\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c22e9c0 elementor-widget elementor-widget-text-editor\" data-id=\"c22e9c0\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Refer to the <a href=\"https:\/\/www.climatebonds.net\/climate-bonds-standard-v4\" target=\"_blank\" rel=\"noopener\">Climate Bonds Standard<\/a> and the <a href=\"https:\/\/transitiontaskforce.net\/\" target=\"_blank\" rel=\"noopener\">UK Transition Plan Taskforce<\/a> recommendations for examples of good practice public disclosure requirements. These disclosures should be included in financial reporting.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-f7c543b e-flex e-con-boxed e-con e-parent\" data-id=\"f7c543b\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-ab0a8fc e-flex e-con-boxed e-con e-child\" data-id=\"ab0a8fc\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-1c71388 e-con-full e-flex e-con e-child\" data-id=\"1c71388\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3d242d1 elementor-widget elementor-widget-heading\" data-id=\"3d242d1\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">02<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-c58457c e-con-full e-flex e-con e-child\" data-id=\"c58457c\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-9db9ed4 elementor-widget elementor-widget-heading\" data-id=\"9db9ed4\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Has the board made public commitment(s) to the transition plan\/net-zero targets?<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2fbd654 elementor-widget elementor-widget-text-editor\" data-id=\"2fbd654\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The same corporate reporting norms should be applied to transition plan disclosures as are applied to general purpose financial reporting. Specifically, any information should be disclosed that, if omitted, misstated, or obscured, could reasonably be expected to influence the decisions that the primary users of general-purpose financial reporting make on the basis of that reporting.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-876c009 e-flex e-con-boxed e-con e-parent\" data-id=\"876c009\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-dccb5b9 e-flex e-con-boxed e-con e-child\" data-id=\"dccb5b9\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-6d95626 e-con-full e-flex e-con e-child\" data-id=\"6d95626\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-2d610f3 elementor-widget elementor-widget-heading\" data-id=\"2d610f3\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">03<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-f47e9f6 e-con-full e-flex e-con e-child\" data-id=\"f47e9f6\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-37aaabd elementor-widget elementor-widget-heading\" data-id=\"37aaabd\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Has the entity developed a disclosure and reporting regime in line with international best practices (e.g., CDP, GRI, etc.)?<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-197491b elementor-widget elementor-widget-text-editor\" data-id=\"197491b\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Disclosure integrates with, and builds from, broader climate-related disclosures in the reporting entity&#8217;s general purpose financial reports.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-f094c26 e-flex e-con-boxed e-con e-parent\" data-id=\"f094c26\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-ab9ad8e e-flex e-con-boxed e-con e-child\" data-id=\"ab9ad8e\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-171f029 e-con-full e-flex e-con e-child\" data-id=\"171f029\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-774fa99 elementor-widget elementor-widget-heading\" data-id=\"774fa99\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">04<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-2af4789 e-con-full e-flex e-con e-child\" data-id=\"2af4789\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-8bcb8ba elementor-widget elementor-widget-heading\" data-id=\"8bcb8ba\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Is the entity reporting annually and publicly on its GHG emissions and PTs?<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a3fa640 elementor-widget elementor-widget-text-editor\" data-id=\"a3fa640\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The entity annually discloses progress against those targets and plans, and any recalibration or corrective action that has been taken in respect of them, as long as the information is publicly available and remains publicly available via the entity\u2019s website at a minimum. Examples of publicly available communication forms would include annual reports, sustainability reports, websites.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-da7e45b e-flex e-con-boxed e-con e-parent\" data-id=\"da7e45b\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-79b41ea e-flex e-con-boxed e-con e-child\" data-id=\"79b41ea\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-d450e4e e-con-full e-flex e-con e-child\" data-id=\"d450e4e\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-200e191 elementor-widget elementor-widget-heading\" data-id=\"200e191\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">05<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-34d7ab8 e-con-full e-flex e-con e-child\" data-id=\"34d7ab8\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5129ea8 elementor-widget elementor-widget-heading\" data-id=\"5129ea8\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Has the entity detailed\/disclosed its methodology for calculating these PTs?<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1c9048f elementor-widget elementor-widget-text-editor\" data-id=\"1c9048f\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Entities can consider or leverage on relevant GHG performance targets computation tool or methodology which are credible and available by other organisations. An example of such guidance is provided by the <a href=\"https:\/\/ghgprotocol.org\/calculation-tools-and-guidance\" target=\"_blank\" rel=\"noopener\"><strong>GHG Protocol<\/strong><\/a>, which enable entities to develop comprehensive and reliable inventories of their GHG emissions.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-f86acb3 e-flex e-con-boxed e-con e-parent\" data-id=\"f86acb3\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-131b912 e-flex e-con-boxed e-con e-child\" data-id=\"131b912\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-85bcded e-con-full e-flex e-con e-child\" data-id=\"85bcded\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-8dd31a3 elementor-widget elementor-widget-heading\" data-id=\"8dd31a3\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">06<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-c9ac338 e-con-full e-flex e-con e-child\" data-id=\"c9ac338\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-50ca0e2 elementor-widget elementor-widget-heading\" data-id=\"50ca0e2\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Has the entity explained its performance against these PTs?<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-373bc55 elementor-widget elementor-widget-text-editor\" data-id=\"373bc55\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The entity shall explain the materiality of emissions scopes by sector(s) which they are involved in. PTs are then compared against the relevant sector pathway to determine whether the reductions are sufficiently ambitious. Further guidance on emissions scope materiality by sector are available from CDP and the GHG Protocol.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-bd08160 e-flex e-con-boxed e-con e-parent\" data-id=\"bd08160\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-67ee7aa e-flex e-con-boxed e-con e-child\" data-id=\"67ee7aa\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-8f9606a e-con-full e-flex e-con e-child\" data-id=\"8f9606a\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-c9436c4 elementor-widget elementor-widget-heading\" data-id=\"c9436c4\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">07<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-c9746b1 e-con-full e-flex e-con e-child\" data-id=\"c9746b1\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-ee5411d elementor-widget elementor-widget-heading\" data-id=\"ee5411d\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Are the results of the entity's GHG targets and PTs externally verified?<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-89c3855 elementor-widget elementor-widget-text-editor\" data-id=\"89c3855\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Increasingly, entities are choosing to obtain external assurance on sustainability information, including GHG emissions, in response to stakeholder demands. The most used assurance standard for these engagements is ISAE 3000 (Revised) for Independent Assurance Reporting Engagements.<\/p><p>Other than audits or reviews of historical financial information, another standard that is relevant, in the context of GHG emissions, is ISAE 3410 for Independent Assurance Reporting engagements on Greenhouse Gas Statements.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-fdddd75 e-flex e-con-boxed e-con e-parent\" data-id=\"fdddd75\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-becf86d e-flex e-con-boxed e-con e-child\" data-id=\"becf86d\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-17561ea e-con-full e-flex e-con e-child\" data-id=\"17561ea\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-4e530bc elementor-widget elementor-widget-heading\" data-id=\"4e530bc\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">08<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-26040cf e-con-full e-flex e-con e-child\" data-id=\"26040cf\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6028041 elementor-widget elementor-widget-heading\" data-id=\"6028041\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Has the entity disclosed its financial plans?<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ee9f915 elementor-widget elementor-widget-text-editor\" data-id=\"ee9f915\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The entity should disclose how its transition plan will be resourced, as well as the projected impact of these actions on the entity\u2019s financial position, performance, and cash flows. This may include:<\/p><ul><li>The expected capital expenditure needs that arise from activities as outlined in business planning and operations, and products and services, both in absolute terms and, where possible, relative to total capital expenditure over the same time horizon<\/li><li>The expected investment needs for research and development activities that arise from activities as outlined in business planning and operations, and products and services, both in absolute terms and, where possible, relative to total research and development expenditure over the same time horizon<\/li><li>Expected impacts of the transition plan on financial performance (changes to revenues and costs), financial position (changes to assets and liabilities), and cash flow (changes to working capital). This may include:<br \/><ul class=\"bullet-dash\"><li>Expected impacts on operating costs (e.g., due to long-term utility savings from investment in renewable energy assets)<\/li><li>Expected impacts on revenues (e.g., due to shifts in the product portfolio, expected changes in prices, etc.)<\/li><li>Expected impacts on profit margins (e.g., due to assumptions regarding the degree to which changes in costs can be passed through to consumers)<\/li><\/ul><\/li><\/ul><p>The same corporate reporting norms should be applied to transition plan disclosures as are applied to general-purpose financial reporting. Specifically, any information should be disclosed that, if omitted, misstated, or obscured, could reasonably be expected to influence the decisions that the primary users of general-purpose financial reporting make on the basis of that reporting.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<\/div><div id=\"field_2_172\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full h5-pdf-content gfield_html gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_hidden\"  data-js-reload=\"field_2_172\" >\t<ol>\n\t\t<li><strong>Do the board and management ensure that the entity discloses its material climate-related risks, opportunities, and strategic decisions to all stakeholders - especially to investors and regulators?<\/strong><br\/> Refer to the Climate Bonds Standard and the UK Transition Plan Taskforce recommendations for examples of good practice public disclosure requirements. These disclosures should be included in financial reporting.<\/li>\n\t\t<li><strong>Has the board made public commitment(s) to the transition plan\/net-zero targets?<\/strong><br\/>The same corporate reporting norms should be applied to transition plan disclosures as are applied to general purpose financial reporting. Specifically, any information should be disclosed that, if omitted, misstated, or obscured, could reasonably be expected to influence the decisions that the primary users of general-purpose financial reporting make on the basis of that reporting.<\/li>\n\t\t<li><strong>Has the entity developed a disclosure and reporting regime in line with international best practices (e.g., CDP, GRI, etc.)?<\/strong><br\/>Disclosure integrates with, and builds from, broader climate-related disclosures in the reporting entity\u2019s general purpose financial reports.<\/li>\n<li><strong>Is the entity reporting annually and publicly on its GHG emissions and PTs?<\/strong><br\/>The entity annually discloses progress against those targets and plans, and any recalibration or corrective action that has been taken in respect of them, as long as the information is publicly available and remains publicly available via the entity\u2019s website at a minimum. Examples of publicly available communication forms would include annual reports, sustainability reports, websites.<\/li>\n\t\t<li><strong>\nHas the entity detailed\/disclosed its methodology for calculating these PTs?<\/strong><br\/>Entities can consider or leverage on relevant GHG performance targets computation tool or methodology which are credible and available by other organisations. An example of such guidance is provided by the GHG Protocol, which enable entities to develop comprehensive and reliable inventories of their GHG emissions.<\/li>\n\t\t<li><strong>Has the entity explained its performance against these PTs?<\/strong><br\/>The entity shall explain the materiality of emissions scopes by sector(s) which they are involved in. PTs are then compared against the relevant sector pathway to determine whether the reductions are sufficiently ambitious. Further guidance on emissions scope materiality by sector are available from CDP and the GHG Protocol.<\/li>\n\t\t<li><strong>Are the results of the entity's GHG targets and PTs externally verified?<\/strong><br\/>Increasingly, entities are choosing to obtain external assurance on sustainability information, including GHG emissions, in response to stakeholder demands. The most used assurance standard for these engagements is ISAE 3000 (Revised) for Independent Assurance Reporting Engagements. <br\/><br\/>Other than audits or reviews of historical financial information, another standard that is relevant, in the context of GHG emissions, is ISAE 3410 for Independent Assurance Reporting engagements on Greenhouse Gas Statements.<\/li>\n\t\t\n\t<\/ol><\/div><div id=\"field_2_173\" class=\"gfield gfield--type-html gfield--input-type-html gfield--width-full h5-pdf-content pagebreak gfield_html gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_hidden\"  data-js-reload=\"field_2_173\" >\t<ol start=\"8\">\n\t\t<li><strong>\nHas the entity disclosed its financial plans?<\/strong><br\/>The entity should disclose how its transition plan will be resourced, as well as the projected impact of these actions on the entity\u2019s financial position, performance, and cash flows. This may include:\n\t\t\n\t\t<ul>\n\t\t\t<li>The expected capital expenditure needs that arise from activities as outlined in business planning and operations, and products and services, both in absolute terms and, where possible, relative to total capital expenditure over the same time horizon<\/li>\n\t\t\t<li>The expected investment needs for research and development activities that arise from activities as outlined in business planning and operations, and products and services, both in absolute terms and, where possible, relative to total research and development expenditure over the same time horizon<\/li>\n\t\t\t<li>Expected impacts of the transition plan on financial performance (changes to revenues and costs), financial position (changes to assets and liabilities), and cash flow (changes to working capital). This may include:\n\t\t\t<ul >\n\t\t\t\t<li>- Expected impacts on operating costs (e.g., due to long-term utility savings from investment in renewable energy assets)<\/li>\n\t\t\t\t<li>- Expected impacts on revenues (e.g., due to shifts in the product portfolio, expected changes in prices, etc.)<\/li>\n\t\t\t\t<li>- Expected impacts on profit margins (e.g., due to assumptions regarding the degree to which changes in costs can be passed through to consumers)<\/li>\n\t\t\t\t<\/ul>\n\t\t\t<\/li>\n\t\t\n\t\t\t<\/ul>\n\t\t\t<p>The same corporate reporting norms should be applied to transition plan disclosures as are applied to general-purpose financial reporting. Specifically, any information should be disclosed that, if omitted, misstated, or obscured, could reasonably be expected to influence the decisions that the primary users of general-purpose financial reporting make on the basis of that reporting.<\/p>\n\t\t<\/li>\n\t<\/ol><\/div><div id=\"field_2_178\" class=\"gfield gfield--type-honeypot gform_validation_container field_sublabel_below gfield--has-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_2_178\" ><label class='gfield_label gform-field-label' for='input_2_178'>Name<\/label><div class='ginput_container'><input name='input_178' id='input_2_178' type='text' value='' autocomplete='new-password'\/><\/div><div class='gfield_description' id='gfield_description_2_178'>This field is for validation purposes and should be left unchanged.<\/div><\/div><\/div><\/div>\n        <div class='gform-page-footer gform_page_footer top_label'><input type='submit' 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