SPT 2 means the reduction of CO2e-emissions Scope 3 (considering the following categories of Scope 3: purchased goods and services, capital goods, use of sold products and downstream leased assets) by at least [SPT 2 Percentage] per cent. compared to the Base Year, subject to any Recalculation, per customer (including mobile, fixed-line, broadband and TV customers but excluding wholesale customers) by [SPT 2 Year].

SPT 2 means that the Group’s science based target is aligned with the SBTi targets by 31 December 2025 and announced following validation.

SPT 2 means, in relation to a calendar year ending on 31 December or the SPT 2 Measurement Period, the Emissions Intensity for that calendar year or the SPT 2 Measurement Period.

Examples of SPT 2 in a sentence

On this basis, we would not consider this component of SPT 2 to be aligned with a 1.5-degree scenario or the Paris Agreement goals.
In comparison, achieving SPT 2 would imply a 5.5% annual decline in tenant and refurbishment waste emissions, assuming that the emissions intensity reductions are not undermined by growth in total floor area.
Given the inclusion of embodied emissions from refurbishment materials in KPI 2, achieving SPT 2 is, similar to SPT 1, also dependent on advancements in building materials technology.
On this basis, we would consider these components of SPT 2 to be aligned with a 1.5-degree scenario and hence also the Paris Agreement goals.Emissions from refurbishment waste and tenant waste✓ According to Atrium Ljungberg, emissions from refurbishment waste and tenant waste are from incineration for energy and transportation of the waste.
Similar to SPT 1, SPT 2 is also dependent on improvements in road transportation, the energy system, and waste management infrastructure, which may not be realized in sufficient time.

More Definitions of SPT 2

SPT 2 means a reduction in the Group’s Scope 3 GHG Emissions in line with the applicable Sustainability Performance Target Milestone for the Relevant Period from the 2023 Scope 3 Baseline.

SPT 2 means cumulative [amount] tons of CO2 emissions avoided via CCUS Technologies by the end of the financial year [relevant year] starting from the beginning of the financial year [baseline year].A "SPT 2 Event" occurs if the Verification Assurance Certificate does not confirm that the cumulative amount for the KPI 2 result by the end of financial year [relevant year] starting from the financial year [baseline year] as shown in the Relevant Determination Report is equal or above the SPT 2 or if no Verification Assurance Certificate is available latest on the Target Reporting Date.The SPT 2 Event shall become effective as of the date of publication of the Verification Assurance Certificate or one Business Day after the Target Reporting Date, whichever occurs earlier.]"

SPT 2 means that the Group’s GHG emissions reduction targets are validated and approved science based targets of the SBTi.

SPT 2 means delivering £1,500,000 of Social Value per annum through the Portfolio or Supported Enterprises as determined according to the Social Value Engine.

SPT 2 means that the Group’s Scope 1, 2 and 3 greenhouse gas emissions reduction targets are validated and approved as science based targets of the SBTi by the end of 2024, and thereafter comply with those annual targets.

SPT 2 means the year-on-year increase in the number of Contractors placed in Energy Transition/Renewables projects.

SPT 2 means, with respect to any calendar year, the SPT 2 for such calendar year as set forth in the Sustainability Table.