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.]][●]
Sample 1Sample 2Sample 3
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.
Sample 1Sample 2Sample 3
Sustainability Performance Target 3 means [***].
Sample 1Sample 2Sample 3

More Definitions of Sustainability Performance Target 3

Sustainability Performance Target 3 means [***]
Sample 1
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.]
Sample 1

Related to Sustainability Performance Target 3

  • 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.

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

  • 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 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.