Scope 3 Emissions definition
Examples of Scope 3 Emissions in a sentence
Any Threshold Increase Notice shall be unconditional and irrevocable (subject only to any subsequent Threshold Increase Notice further increasing the Scope 1 and 2 Emissions Percentage Threshold and/or the Scope 3 Emissions Percentage Threshold, if applicable) and shall specify the Threshold Increase Effective Date, which for the avoidance of doubt may be the date of the Threshold Increase Notice or such other date as may be specified.
For the avoidance of doubt, a Step Up may only occur once in respect of multiple ACA Accreditation Level Events, only occur once in respect of multiple Scope 1 and 2 Emissions Events and/or only occur once in respect of multiple Scope 3 Emissions Events, as applicable.
On the relevant Threshold Increase Effective Date, the increase of the Scope 1 and 2 Emissions Percentage Threshold and/or the Scope 3 Emissions Percentage Threshold, as applicable, will be effective and binding on the Issuer, the Trustee, the Noteholders and the Couponholders and the consent of the Trustee, the Noteholders and the Couponholders shall not be required.
Supplier further agrees to provide, upon ▇▇▇▇▇’s request, accurate and comprehensive data necessary to comply with evolving regulatory requirements, including but not limited to: Scope 3 Emissions Data: Supplier shall provide accurate emissions data as required to meet Scope 3 GHG regulations, such as the EU Carbon Border Adjustment Mechanism (CBAM) and Corporate Sustainability Reporting Directive (CSRD).
For the avoidance of doubt, Absolute Scope 1, Scope 2 and Scope 3 Emissions shall be calculated excluding any greenhouse gases offsetting transactions.