Sustainability Performance Target 3 definition

Sustainability Performance Target 3 or "SPT 3" means [that [●] [meets or exceeds][falls below] [include and specify the specific target] by the Sustainable Performance Target Observation Date.]][●]
Sustainability Performance Target 3 means attaining the target set forth in the Sustainability-Linked Financing Framework of a 20% representation of women in corporate officer positions as of December 31, 2026; provided that, if the Issuer subsequently issues a sustainability-linked debt instrument linked to a percentage of female representation in corporate officer positions with a higher percentage of representation, Sustainability Performance Target 3 shall be automatically adjusted upward to equal the percentage of representation required by such subsequent sustainability-linked debt instrument. For purposes of measuring whether Sustainability Performance Target 3 has been satisfied the Issuer (x) defines “corporate officer positions” to include positions at the vice president level and above in a manner aligned with the disclosure framework set by the Energy Infrastructure Council (EIC)/GPA Midstream Association and (y) calculates women in corporate officer positions as a percentage of the total number of corporate officers.
Sustainability Performance Target 3 means [***].

More Definitions of Sustainability Performance Target 3

Sustainability Performance Target 3 means [***]
Sustainability Performance Target 3 means an absolute reduction in Scope 3 GHG Emissions of the Otto Group in respect of the financial year ending on [28][29] February 20[●], by at least [●] per cent. compared to the Baseline Scope 3 GHG Emissions, subject to any Recalculation.]

Related to Sustainability Performance Target 3

  • Performance Target means the level of performance expected of the HSP in respect of a Performance Indicator or a Service Volume; “person or entity” includes any individual and any corporation, partnership, firm, joint venture or other single or collective form of organization under which business may be conducted;

  • Performance Targets means the specific objective goal or goals (which may be cumulative and/or alternative) that are timely set in writing by the Committee for each Executive for the Performance Period in respect of any one or more of the Business Criteria.

  • Energy Performance Score means the numeric rating generated by Portfolio Manager that compares the Energy usage of the building to that of similar buildings.

  • Performance Measure means one or more of the following selected by the Committee to measure Company, Affiliate, and/or business unit performance for a Performance Period, whether in absolute or relative terms (including, without limitation, terms relative to a peer group or index): basic, diluted, or adjusted earnings per share; sales or revenue; earnings before interest, taxes, and other adjustments (in total or on a per share basis); basic or adjusted net income; returns on equity, assets, capital, revenue or similar measure; economic value added; working capital; total shareholder return; and product development, product market share, research, licensing, litigation, human resources, information services, mergers, acquisitions, sales of assets of Affiliates or business units. Each such measure shall be, to the extent applicable, determined in accordance with generally accepted accounting principles as consistently applied by the Company (or such other standard applied by the Committee) and, if so determined by the Committee, and in the case of a Performance Compensation Award, to the extent permitted under Code Section 162(m), adjusted to omit the effects of extraordinary items, gain or loss on the disposal of a business segment, unusual or infrequently occurring events and transactions and cumulative effects of changes in accounting principles. Performance Measures may vary from Performance Period to Performance Period and from Participant to Participant, and may be established on a stand-alone basis, in tandem or in the alternative.

  • Annual performance report means a written appraisal of the teaching staff member's performance prepared by the teaching staff member’s designated supervisor based on the evaluation rubric for his or her position.

  • Capacity Performance Resource means a Capacity Resource as described in Tariff, Attachment DD, section 5.5A(a).

  • Key Performance Indicators or “KPIs” means the performance measurements and targets set out in Part 3 of Schedule 1 (Services) of this Framework Agreement;

  • Performance Metrics means criteria established by the Administrator relating to any of the following, as it may apply to an individual, one or more business units, divisions, or Affiliates, or on a company-wide basis, and in absolute terms, relative to a base period, or relative to the performance of one or more comparable companies, peer groups, or an index covering multiple companies:

  • Performance Requirements The ordering entity reserves the right to inspect and verify that all deliveries are in accordance with specifications, both at the point of delivery and at the point of use. For orders that specify an “authorized party” to receive and inspect deliveries and/or installations, acceptance and inspection procedures must be performed by the” authorized party” to be considered and accepted by the ordering entity. Products inspected at the time of use are subject to refusal and return requirements for issues of quality such as defects in manufacturing and/or workmanship. Products will not be considered accepted by the ordering entity until the installation is complete for the applicable products.

  • Performance Measures means measures as described in Article 12 on which the performance goals are based and which are approved by the Company’s shareholders pursuant to this Plan in order to qualify Awards as Performance-Based Compensation.

  • Performance Objective means a standard established by the Committee to determine in whole or in part whether a Performance Award shall be earned.