+SECTION 3 MINIMUM STANDARDS FOR EU PARIS-ALIGNED BENCHMARKS
---+Article 11 Baseline reduction of GHG intensity or absolute GHG emissions for EU Paris-aligned Benchmarks
---+Article 12 Exclusions for EU Paris-aligned Benchmarks
------+Article 12 1.
------+Article 12 2.
------+Article 12 3.

SECTION 3 MINIMUM STANDARDS FOR EU PARIS-ALIGNED BENCHMARKS

SECTION 3 MINIMUM STANDARDS FOR EU PARIS-ALIGNED BENCHMARKS

1. Overview

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Article 11 Baseline reduction of GHG intensity or absolute GHG emissions for EU Paris-aligned Benchmarks

Article 11

Baseline reduction of GHG intensity or absolute GHG emissions for EU Paris-aligned Benchmarks

The GHG intensity or, where applicable, absolute GHG emissions for EU Paris-aligned Benchmarks, including Scope 1, 2 and 3 GHG emissions, shall be at least 50 % lower than the GHG intensity or absolute GHG emissions of the investable universe.

For the purposes of the first subparagraph, Scope 3 GHG emissions shall be construed in accordance with the phase-in implementation period set out in Article 5.
Article 12 Exclusions for EU Paris-aligned Benchmarks

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements

3. Related Standards

Standards