NZB Downloadable Excel 6

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This document provides a high level overview of 2023 focus company results for the Climate
for more detail on the different company as
Please see the Climate Action 100+ website climateaction10
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CA100+ Benchmark Framework
Please see a summary here of the v2.0 Benchmark assessment indicators
Disclosure Framework Assessments

Disclosure Framework Assessments: Using only publicly disclosed data (e.g. annual reports, sustainability repor
disclosures), companies are assessed against 11 indicators developed in partnership with the Transition Pathwa
Transition Centre (TPI Centre) and FTSE Russell, an LSEG business.
Disclosure Framework Assessments
Alignment Assessments
Alignment Assessments complement the Disclosure Framework by providing independent evaluations of the alig
actions with the goals of Climate Action 100+ and the Paris Agreement.
The structure of the assessments and their scoring rules differ depending on the data provider. For more informa
below.
Alignment Assessments complement the Disclosure Framework by providing independent evaluations of the alig
actions with the goals of Climate Action 100+ and the Paris Agreement.
The structure of the assessments and their scoring rules differ depending on the data provider. For more informa
below.
Climate Accounting and Audit Assessments

Climate Policy Engagement Assessments
Sector-specific Alignment Assessments
Electric Utilities Assessments
Oil and Gas Assessments
Autos Assessments
Cement Assessments
Steel Assessments
Airlines Assessments
Data Usage Note

Company Review and Redress Process
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The terms of engagement, responsibilities, rights and other information contained elsewhere herein are
October 2023 Net Zero Company Benchmark (Version 2.0)
et Zero Company Benchmark. Please follow the links below
er information.
claimer/ and the Climate Action 100+ Net Zero Company

al tab.
to the Benchmark assessments. However, this document is

w, out-of-cycle company feedback (i.e. all the information in the
on of this document as indicated by the Version Log (located on
are using the most up-to-date iteration.
For more information visit our website:

Net Zero Company Benchmark Webpage
Contact us at:
benchmark@climateaction100.org
of Excel
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and not on behalf of Climate Action 100+, its investor networks
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hey also do not seek directly or indirectly, either on their own or

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nd its investor networks do not necessarily endorse or validate
interpreted in a manner consistent with the foregoing.

Climate
This spreadsheet shows data as of October 2023 (Version 2.0) Benchmark iteration
Data from previou
Table of Contents
1. Benchmark Framework Overview
2. Assessment structures and scoring guidelines
3. Focus List changes
4. Using the spreadsheet
The CA100+ Net Zero Company Benchmark is comprised of two distinct set
evaluate the adequacy of corporate disclosure. The Alignment Assessment
conducted by the TPI Centre and FTSE Russell. Alignment Assessments are
below:
Disclosure Framework (Assessed by TPI Centre & FTSE Russell)
1. Net-zero GHG Emissions By 2050 (Or Sooner) Ambition
2. Long-term (2036-2050) GHG Reduction Target(s)
3. Medium-term (2027-2035) GHG Reduction Target(s)

4. Short-term (Up To 2026) GHG Reduction Target(s)
5. Decarbonisation Strategy
6.Capital Allocation
7. Climate Policy Engagement
8. Climate Governance
9. Just Transition
10. TCFD Disclosure
11. Historical GHG Emissions Reductions [Beta Indicator in 2023]
Climate Accounti
For
2. A
Company assessm
Indicator: Specific area the company is being assessed on (e.g
Sub-indicator: Component of an indicator that divides it into
Metric: The unit or standard of measurement. Highest resolu

company‘s progress against incorporating their climate chang
Green - Yes, meets criteria
Amber - Partial, meets some criteria
Red - No, does not meet criteria
Grey - Not applicable / Not assessed / Insufficient data
Please see bottom of individual assessment tabs for scoring guidan
150 companies have been assessed against the Benchma

The coverage of othe
Below is a list outlining changes to the CA100+ company focus list since the
Stellantis NV
Mercedes-Benz Group AG (former Daimler AG)

Santos Ltd. and Oil Search
Siemens Energy AG (former Siemens AG)
Constellation Energy Corp. and Exelon Corp.
Woodside Energy Group Ltd.
Russian companies: MMC Norilsk Nickel PSJC, Gazprom PAO, Lukoil OAO,
Rosneft Oil Company, Severstal PAO
Companies removed from the CA100+ focus for October 2023 (v2.0):
Weyerhaueser, Koninklyke Philips N.V., PepsiCo, The Coca-Cola Company
Uniper, Enbridge, TC Energy, Kinder Morgan, Devon Energy, Oil Search
(due to merger with Santos)
Companies that have been added to the CA100+ focus list in June 2023 bu
will not be assessed in October 2023 (v2.0): Ameren Corp., Baoshan Iron &
Steel Co., Ltd., Carrefour S.A., EOG Resources, Inc., EQT Corp., Honeywell
International Inc., JBS S.A., Mitsubishi Heavy Industries, Ltd., PBF Energy Inc
Saudi Basic Industries Corp. (SABIC), Samsung Electronics Co., Ltd., Tata Ste
Ltd., The Home Depot, Inc.
Berkshire Hathaway Inc., Centrica plc, Origin Energy Ltd. and Tech
Resources Ltd.
Applic
Rate regulated utilities companies: American Electric Power Co., Inc.,
Constellation Energy Corp., Dominion Energy, Inc., Duke Energy Corp.,
Exelon Corp., FirstEnergy Corp., National Grid plc, NextEra Energy, Inc., PPL
Corp., The Southern Co., WEC Energy Group, Inc., Xcel Energy Inc.
To view further information on specific Indicators, Sub-indicators, and Met

check that you are not in protected view.
This spreadsheet contains expand (+) and collapse (-) group functions for th
data from prior years can be viewed in the progress columns.
You can also expand the spreadsheet using (+) and (-) in the top left corner
Clicking (1) provides October 2023 score and Indicator level progress, wher
Clicking (2) adds Sub-indicator level scoring and progress indication to the a
Clicking (3) adds Metric-level scoring and progress indication to the above,
mate Action 100+ Net Zero Company Benchmark
ation released in October 2023. For details on any changes made to this document after its release please
revious Climate Action 100+ Benchmark assessments can be accessed from the following files:
Disclosure Framework Historical Assessments
Alignment Assessments Historical Assessments
1. Benchmark Framework Overview

ct sets of assessments: the Disclosure Framework Indicators and Alignment Assessm
ments evaluate the alignment of company actions with the Paris Agreement Goals.
are provided by Carbon Tracker Initiative (CTI), InfluenceMap and the Rocky Mou
Alignment Assessments
Capital Allocation Alignment (for airline, automotive, cement, steel and utilities se
Capital Allocation Alignment (for utilities & oil and gas sectors) - (Assessed by CTI)
Climate Policy Engagement Alignment - (Assessed by InfluenceMap)
ounting and Audit Hybrid Assessment (Disclosure & Alignment) - (Assessed by CTI)
For more information please see our framework and methodologies
Contact us at benchmark@climateaction100.org
2. Assessment structure and scoring guidelines

essments are ordered into Indicators, Sub-indicators, and Metrics.
(e.g. Indicator 8 evaluates companies on climate governance).
nto specific areas of interest (e.g. Sub-indicator 8.2 evaluates execu
solution assessment that separates Sub-indicators into components

hange targets as a KPI to remuneration).
Traffic Light Scoring Rules
uidance details.
3. Focus List Changes

hmark Disclosure Framework and Climate Policy Engagement Alignment
other assessments differs depending on their sectoral or thematic focus.
e the first iteration of the Benchmark as well as changes that can be expected for f
Stellantis NV is the result of a merger between Peugeot and Fiat Chrysler (b
assessed by the Benchmark). This merger concluded in January 2021 and fo
future engagement and benchmarking has focused on the merged compan
Daimler AG was assessed in the March 2022 (v1.1) iteration of the Benchm
entities: Mercedes-Benz Group AG and Daimler Trucks. Following this date
Santos and Oil Search merged in December 2021, following the March 202
Benchmark have only assessed Santos.
Siemens AG was assessed in the first iteration of the Benchmark March 202
original focus list. Following a corporate spin off in September 2020, it was
newly-established Siemens Energy. All iterations of the Benchmark since M
Energy.
The March 2021 and March 2022 Benchmarks assessed Exelon Corporation
Constellation in February 2022. For the October 2022 and October 2023 ite
not assess Exelon or Constellation.
Woodside Petroleum Ltd. completed its merger with BHP's oil and gas asse
Ltd.' The merged entity has been assessed from the October 2022 (v1.2) as
Investor signatories have paused active engagement with Russian compani

further notice. The same Russian companies will continue to remain on the
been assessed against the Benchmark since October 2022 (v1.2).
These companies have been removed from the CA100+ Focus list for phase
the Benchmark from October 2023 (v2.0).
These companies will be assessed against the Benchmark from 2024 onwar
These companies have a different sector classification in the Alignment Ass

Framework.
pplicable only to the Climate Accounting and Audit Assessments
Rate-of return-based regulation (herein, ’rate-regulated’) companies will b
Assessment. The rationale is that the regulator of rate-regulated utilities m
impacts of climate-related matters, such as the costs of impairing assets, or
shortening of related asset lives, by passing them on to the rate payer (e.g.
results may not be impacted by climate in the same way as entities that ha
financial risk is more related to regulatory disallowance of costs associated
assets.
4. Using the spreadsheet

Metrics, as well as important notes about them, hover over the relevant cells. If n
for the indicator columns. Where assessments are directly comparable to those in
orner of the spreadsheet (above the column identifier).

where relevant
the above, where relevant
ove, where relevant
Expanding the Spreadsheet using (+) and (-) in top left corner:
(1) Provides October 2023 score and Indicator level progress, where
(2) Adds Sub-Indicator level scoring and progress indication to the ab
(3) Adds Metric-level scoring and progress indication to the above, w
Please see the 'CA100+ Benchmark Framework' tab for further info
Data
This spreadsheet shows data as of October 2023 (v2) Benchmark ite
Progress from October 2022 and October 2023 data where year-on-
'Not Applicable'.
Company name ISIN HQ Location HQ Region
A.P. Moller (Maersk) DK0010244425 Denmark Europe

Adbri Ltd. AU000000ABC7 Australia Australasia
AES Corp. US00130H1059 USA North America
AGL Energy Ltd. AU000000AGL7 Australia Australasia
Air France–KLM S.A. FR0000031122 France Europe
Airbus SE NL0000235190 Netherlands Europe
American Airlines Group I US02376R1023 USA North America
American Electric Power CUS0255371017 USA North America
Anglo American plc GB00B1XZS820 United Kingdom Europe
Anhui Conch Cement CompCNE1000001W2 China Asia
ArcelorMittal S.A. LU0323134006 Luxembourg Europe

BASF SE DE000BASF111 Germany Europe
Bayer AG DE000BAY0017 Germany Europe

Bayerische Motoren WerkeDE0005190003 Germany Europe
Berkshire Hathaway Inc. US0846707026 USA North America
BHP Group AU000000BHP4 Australia and UK Europe and Australasia
Bluescope Steel Ltd. AU000000BSL0 Australia Australasia
Boeing Co. US0970231058 USA North America
Boral Ltd. AU000000BLD2 Australia Australasia
BP plc GB0007980591 United Kingdom Europe
Bunge Ltd. BMG169621056 USA North America
Canadian Natural ResourcesCA1363851017 Canada North America
Caterpillar Inc. US1491231015 USA North America
Cemex SAB de CV MXP225611567 Mexico North America
Centrica plc GB00B033F229 United Kingdom Europe
CEZ AS CZ0005112300 Czech Republic Europe
Chevron Corp. US1667641005 USA North America
China National Offshore OHK0883013259 China Asia
China Petroleum & Chemica CNE1000002Q2 China Asia
China Shenhua Energy Co. CNE1000002R0 China Asia
China Steel Corp. TW0002002003 Taiwan Asia
Coal India Ltd. INE522F01014 India Asia
Colgate-Palmolive Co. US1941621039 USA North America
ConocoPhillips US20825C1045 USA North America
CRH plc IE0001827041 Ireland Europe
Cummins Inc. US2310211063 USA North America
Daikin Industries Ltd. JP3481800005 Japan Asia
Dangote Cement Plc NGDANGCEM008 Nigeria Africa
Danone SA FR0000120644 France Europe
Delta Air Lines Inc. US2473617023 USA North America
Dominion Energy Inc. US25746U1097 USA North America
Dow Inc. US2605571031 USA North America
Duke Energy Corp. US26441C2044 USA North America
E.ON SE DE000ENAG999 Germany Europe
Ecopetrol SA COC04PA00016 Colombia South America
Électricité de France S.A. FR0010242511 France Europe
Enel SpA IT0003128367 Italy Europe
ENEOS Holdings Inc. JP3386450005 Japan Asia
Engie SA FR0010208488 France Europe
Eni SpA IT0003132476 Italy Europe
Equinor ASA NO0010096985 Norway Europe
Eskom Holdings SOC Ltd. ZAG000066697 South Africa Africa
Exxon Mobil Corp. US30231G1022 USA North America
FirstEnergy Corp. US3379321074 USA North America
Ford Motor Company US3453708600 USA North America
Formosa Petrochemical CorTW0006505001 Taiwan Asia
Fortum Oyj FI0009007132 Finland Europe
General Electric Co. US3696041033 USA North America
General Motors Company US37045V1008 USA North America
Glencore PLC JE00B4T3BW64 Switzerland Europe
Grupo Argos SA COT09PA00035 Colombia South America
Grupo México, S.A.B de CMXP370841019 Mexico North America
Heidelberg Materials AG DE0006047004 Germany Europe
Hitachi Ltd. JP3788600009 Japan Asia
Holcim Ltd. CH0012214059 Switzerland Europe
Hon Hai Precision IndustryTW0002317005 Taiwan Asia
Honda Motor Co., Ltd. JP3854600008 Japan Asia
Iberdrola SA ES0144580Y14 Spain Europe
Imperial Oil Ltd. CA4530384086 Canada North America
Incitec Pivot Ltd. AU000000IPL1 Australia Australasia
International Paper Compa US4601461035 USA North America
Korea Electric Power Cor KR7015760002 South Korea Asia
l’Air Liquide SA FR0000120073 France Europe
Lockheed Martin CorporatiUS5398301094 USA North America
LyondellBasell Industries NL0009434992 Netherlands Europe
Marathon Petroleum Corp. US56585A1025 USA North America
Martin Marietta Materials, US5732841060 USA North America
Mercedes-Benz Group AG DE0007100000 Germany Europe
National Grid PLC GB00BDR05C01 United Kingdom Europe
Naturgy Energy Group SA ES0116870314 Spain Europe
Nestle S.A. CH0038863350 Switzerland Europe
NextEra Energy Inc US65339F1012 USA North America
Nippon Steel Corp. JP3381000003 Japan Asia
Nissan Motor Co. Ltd. JP3672400003 Japan Asia
NRG Energy Inc. US6293775085 USA North America
NTPC Ltd. INE733E01010 India Asia
Occidental Petroleum CorpUS6745991058 USA North America
Oil & Natural Gas Corp. LtINE213A01029 India Asia
OMV AG AT0000743059 Austria Europe
Orica Ltd. AU000000ORI1 Australia Australasia
Origin Energy Ltd. AU000000ORG5 Australia Australasia
PACCAR Inc. US6937181088 USA North America
Panasonic Holdings Corp. JP3866800000 Japan Asia
PetroChina Co. Ltd. CNE1000003W8 China Asia
Petróleo Brasileiro S.A. (PeBRPETRACNPR6 Brazil South America
Petróleos Mexicanos (PE Not applicable Mexico North America
Phillips 66 US7185461040 USA North America
Polska Grupa EnergetycznaPLPGER000010 Poland Europe
POSCO Holdings Inc. KR7005490008 South Korea Asia
Power Assets Holdings LtdHK0006000050 Hong Kong SAR Asia
PPL Corp. US69351T1060 USA North America
Procter & Gamble Co. US7427181091 USA North America
PT Aneka Tambang Tbk ID1000106602 Indonesia Asia
PT Bumi Resources Tbk ID1000068703 Indonesia Asia
PT United Tractors Tbk ID1000058407 Indonesia Asia
PTT Public Co. Ltd. TH0646010007 Thailand Asia
Qantas Airways Ltd. AU000000QAN2 Australia Australasia
Raytheon Technologies CorUS7551115071 USA North America
Reliance Industries Ltd. INE002A01018 India Asia
Renault S.A. FR0000131906 France Europe
Repsol S.A. ES0173516115 Spain Europe
Rio Tinto GB0007188757 Australia and UK Europe and Australasia
Rolls-Royce Holdings plc GB00B63H8491 United Kingdom Europe
RWE AG DE0007037129 Germany Europe
SAIC Motor Corp. Ltd. CNE000000TY6 China Asia
Saint-Gobain S.A. FR0000125007 France Europe
Santos Ltd. AU000000STO6 Australia Australasia
Sasol Ltd. ZAE000006896 South Africa Africa
Saudi Arabian Oil CompanSA14TG012N13 Saudi Arabia Middle East
Shell plc GB00B03MLX29 Netherlands Europe
Siemens Energy AG DE000ENER6Y0 Germany Europe
SK Innovation Co. Ltd. KR7096770003 South Korea Asia
South32 Ltd. AU000000S320 Australia Australasia
SSAB AB SE0000171100 Sweden Europe
SSE PLC GB0007908733 United Kingdom Europe
Stellantis NV NL00150001Q9 Netherlands Europe
Suncor Energy Inc. CA8672241079 Canada North America
Suzano S.A. BRFIBRACNOR9 Brazil South America
Suzuki Motor Corp. JP3397200001 Japan Asia
Teck Resources Ltd. CA8787422044 Canada North America
The Southern Company US8425871071 USA North America
Thyssenkrupp AG DE0007500001 Germany Europe
Toray Industries Inc. JP3621000003 Japan Asia
TotalEnergies SE FR0000120271 France Europe
Toyota Motor Corp. JP3633400001 Japan Asia
Trane Technologies PLC IE00BK9ZQ967 Ireland Europe
UltraTech Cement Ltd. INE481G01011 India Asia
Unilever PLC GB00B10RZP78 United Kingdom Europe
United Airlines Holdings InUS9100471096 USA North America
Vale S.A. BRVALEACNOR0 Brazil South America
Valero Energy Corp. US91913Y1001 USA North America
Vedanta Ltd. INE205A01025 India Asia
Vistra Corp. US92840M1027 USA North America
Volkswagen AG DE0007664039 Germany Europe
Volvo AB SE0000115446 Sweden Europe
Walmart Inc. US9311421039 USA North America
WEC Energy Group Inc. US92939U1060 USA North America
Woodside Energy Group LtAU000000WPL2 Australia Australasia
Woolworths Group Ltd. AU000000WOW2 Australia Australasia
Xcel Energy Inc. US98389B1008 USA North America
Disclosure Framework Traffic Light Scoring Rules

At the overall assessment level, the company receives a ‘Yes’ on all Sub-
Green - Yes, meets
indicators and Metrics that make up the Indicator. At the Sub-indicator level, the
criteria
company receives a ‘Yes’ on all Metrics that make up the Sub-indicator.
At the overall assessment level, the company receives a ‘Yes’ on at least one
Amber - Partial, meets
Metric that makes up the Indicator. At the Sub-indicator level, the company
some criteria
receives a ‘Yes’ on at least one Metric that makes up the Sub-indicator.
At the overall assessment level, the company receives a ‘No’ on all Sub-
Red - No, does not meet
indicators or Metrics that make up the Indicator. At the Sub-indicator level, the
criteria
company receives a “No” for all Metrics that make up the Sub-indicator.
Not applicable / Insufficient data

Grey
(-) in top left corner:
ator level progress, where relevant
ogress indication to the above, where relevant
indication to the above, where relevant
ework' tab for further information.
r 2023 (v2) Benchmark iteration. For October 2023 the data is as of 29 May 2023.
2023 data where year-on-year comparisons are not possible (e.g., owing to changes in methodology) is represented as
Sector cluster Sector Secondary sector Scope 3 category
Please see the note on sector

classification and Scope 3
emissions application at the
bottom of the spreadsheet.
Transportation Shipping Not Applicable Not Applicable

Industrials Cement Not Applicable Not Applicable
Energy Electric Utilities Not Applicable Not Applicable
Energy Electric Utilities Not Applicable Applicable
Transportation Airlines Not Applicable Not Applicable
Transportation Other transport Not Applicable Applicable
Industrials Diversified Mining Not Applicable Applicable
Industrials Steel Not Applicable Not Applicable

Industrials Chemicals Not Applicable Applicable

Transportation Autos Not Applicable Applicable
Industrials Other Industrials Not Applicable Applicable
Energy Oil & Gas Not Applicable Applicable
Consumer goods and Servi Consumer goods and Servi Not Applicable Applicable
Energy Oil & Gas Distribution Not Applicable Applicable
Energy Coal Mining Not Applicable Applicable
Industrials Other Industrials Not Applicable Not Applicable
Industrials Paper Not Applicable Not Applicable
Energy Oil & Gas Distribution Not Applicable Applicable
Energy Oil & Gas Electricity Utilities Applicable
Consumer goods and Servi Consumer goods and Servi Not Applicable Not Applicable
Industrials Diversified Mining Aluminium Applicable
Industrials Paper Not Applicable Not Applicable
Disclosure Framework Scope 3 applicability

We have identified sectors/companies where Scope 3 emissions are
based on consultation with climate experts, investor signatories and
Scope 3 emissions, our research continues in this area. Below is a su
(relevant to criteria for indic
Cluster Sector
Oil and gas

Energy
Oil and gas distribution
Electric utilities
Coal mining
Transport Autos
Airlines
Shipping
Other transport
Industrials Aluminium
Cement
Steel
Chemicals
Paper
Diversified Mining
Other industrials
Consumer goods and Consumer goods and

services services
Indicator 1: Net-zero GHG Emissions by 2050 (Or
Sooner) Ambition
Indicator 1 overall assessment Sub-indicator 1.1: Net-zero GHG Emissions by 2050

(Or Sooner) Ambition
October 2023 Indicator 1 Progress October 2023 1.1 Progress

Y No change in score Y No change in score
Y Improvement in score Y Improvement in score
Partial No change in score Partial No change in score
N No change in score N No change in score


N Decline in score N Decline in score
Partial Improvement in score Partial Improvement in score
ility
here Scope 3 emissions are likely to be significant, without setting formal thresholds. This is
s, investor signatories and investor networks. Given the uncertainties inherent in measuring
s in this area. Below is a summary of sector classification and scope 3 emissions application
elevant to criteria for indicators 1, 2, 3, 4, 5, and 11.)
Scope 3 applicable?
Yes (use of sold products)
Utilities w/ oil and gas distribution businesses

(use of sold products from distribution businesses)

No
No
No
No
No
Yes (purchased goods and services and use of sold products)
No
Yes (processing of sold products; for coal manufacturers, also use of sold
products)
On a case by case basis (non-electricity use of sold product)
Yes (purchased goods and services) *
* Panasonic Holdings Corp is an exception from rest of consumer goods and

services companies as it is not Scope 3 applicable. This is because majority of
the company’s Scope 3 emissions come from the use of electricity to power the
company’s products. CA100+ made the decision to exclude those for companies
classified as consumer goods and services.
Metric 1.1.a: Qualitative Ambition Statement Metric 1.1.b: Coverage of Scope 3 GHG emissions
categories
October 2023 1.1.a Progress October 2023 1.1.b Progress

Y No change in score Not Applicable Progress not measurable
Y No change in score Y Improvement in score
Y No change in score N No change in score
N No change in score Not Applicable Progress not measurable


N Decline in score N No change in score
Y Improvement in score N No change in score
Y Improvement in score Not Applicable Progress not measurable
N Decline in score Not Applicable Progress not measurable
Y No change in score Y
y Improvement in score N No change in score
Indicator 2: Long-term (2036-2050) GHG Reduction
Target(s)
Indicator 2 overall assessment Sub-indicator 2.1: Long-term (2036-2050) GHG

Reduction Target(s)

Y Improvement in score Y No change in score
Partial No change in score Y No change in score


Partial Decline in score Y No change in score
Partial Improvement in score Y Improvement in score
Sub-indicator 2.2: Long-term GHG reduction target
coverage
Metric 2.2.a: Coverage of Scope 1 and Scope 2 GHG

emissions
October 2023 2.2 Progress October 2023 2.2.a Progress



Partial Improvement in score y Improvement in score
Partial Improvement in score y Improvement in score
Sub-indicator 2.3: Paris Agreement alignment of target carbon inte
Metric 2.2.b: Coverage of Scope 3 GHG categories Primary Sector
October 2023 2.2.b Progress October 2023 2.3 Progress

Not Applicable Progress not measurable Y No change in score
Not Applicable Progress not measurable N No change in score
N No change in score Not Assessed Progress not measurable

Y No change in score Not Assessed Progress not measurable

Not Applicable Progress not measurable Y Improvement in score
Y No change in score N Progress not measurable
Y Improvement in score Not Assessed Progress not measurable
N No change in score Y Improvement in score
Not Applicable Progress not measurable Not Assessed Progress not measurable
Y No change in score Y Progress not measurable
N No change in score N Progress not measurable
Y No change in score N Decline in score
y Improvement in score Y Improvement in score
Not Applicable Progress not measurable N Decline in score
Indicator 3: Medium-term (2027-2035) GHG
Reduction Target(s)
ment of target carbon intensity Indicator 3 overall assessment
Secondary Sector - 3
(where applicable)
October 2023 2.3 (3) Progress October 2023 Indicator 3 Progress

Y No change in score
Partial No change in score
Partial Improvement in score
Y Improvement in score
N
No change in score
Partial
No change in score
N No change in score
Partial Decline in score
Partial Decline in score
N No change in score Partial No change in score
Y No change in score Partial No change in score
Y
Improvement in score
Sub-indicator 3.1: Medium-term (2027-2035) GHG Sub-indicator 3.2: Medium-term (2027-2035) GHG
Reduction Target(s) Reduction Target(s) emissions coverage
October 2023 3.1 Progress October 2023 3.2 Progress

Y Improvement in score Partial Improvement in score


Y No change in score Partial Decline in score
Y No change in score Partial Improvement in score
Metric 3.2.a: Coverage of Scope 1 and Scope 2 GHG Metric 3.2.b: Coverage of Scope 3 GHG categories
emissions



Sub-indicator 3.3: Paris Agreement alignment of target carbon intensity
Primary Sector Secondary Sector - 3 (where applicable)
October 2023 3.3 Progress October 2023 3.3 (3) Progress

Not Assessed Progress not measurable

N Decline in score
N Progress not measurable
Y Progress not measurable
Y Improvement in score N Decline in score
Indicator 4: Short-term (up to 2026) GHG Reduction
Target(s)
Sub-indicator 3.4: Conversion of intensity target to Indicator 4 overall assessment

projected absolute emissions reductions
October 2023 3.4 Progress October 2023 Indicator 4 Progress

Not Assessed Not Applicable Partial No change in score
Not Assessed Not Applicable N No change in score

Not Assessed Not Applicable Y No change in score

Not Assessed Not Applicable Partial Improvement in score
Not Assessed Not Applicable N Decline in score
Not Assessed Not Applicable Y Improvement in score
Not Assessed Not Applicable Partial Decline in score
Not Assessed Not Applicable Partial Decline in score
Sub-indicator 4.1: Short-term (up to 2026) GHG Sub-indicator 4.2: Short-term (up to 2026) GHG
Reduction Target(s) Reduction Target(s) emissions coverage
October 2023 4.1 Progress October 2023 4.2 Progress



Y No change in score Partial Improvement in score
Metric 4.2.a: Coverage of Scope 1 and Scope 2 GHG Metric 4.2.b: Coverage of Scope 3 GHG categories
emissions



Y Improvement in score y Improvement in score
Y No change in score y No change in score
Sub-indicator 4.3: Paris Agreement alignment of target carbon intensity
Primary Sector Secondary Sector - 3 (where applicable)
October 2023 4.3 Progress October 2023 4.3 (3) Progress


N Decline in score
Indicator 5: Decarbonisation Strategy
Indicator 5 overall assessment Sub-indicator 5.1: Decarbonisation strategy (Target

Delivery)

Partial Not Applicable Partial Not Applicable
Partial Not Applicable N Not Applicable
N Not Applicable N Not Applicable


Partial Not Applicable Y Not Applicable
Y Not Applicable Y Not Applicable
Metric 5.1.a: Action identification for target delivery Metric 5.1.b: Quantification of decarbonisation levers
October 2023 5.1.a Progress October 2023

Y No change in score N
N Decline in score N
Y Improvement in score Y
N No change in score N
Y Improvement in score N
uantification of decarbonisation levers Metric 5.1.c: Disclosure of offsets & negative
emissions technologies
5.1.b Progress October 2023 5.1.c Progress

No change in score N Not Applicable
Improvement in score N Not Applicable

Decline in score N Not Applicable

No change in score Y Not Applicable
Improvement in score Not Applicable Not Applicable
No change in score Y Not Applicable
Improvement in score Y Not Applicable
Sub-indicator 5.2: Role of climate solutions in
decarbonisation strategy
Metric 5.1.d: Disclosure of abatement measures
October 2023 5.1.d Progress October 2023 5.2. Progress

Not Assessed Not Applicable Y Not Applicable
Not Assessed Not Applicable N Not Applicable
Not Assessed Not Applicable Partial Not Applicable


Metric 5.2.a: Disclosure of revenue/production Metric 5.2.b: Target setting for increased
from climate solutions revenue/production from climate solutions

Y Not Applicable N Not Applicable

Not Applicable Not Applicable N Not Applicable

N Not Applicable Y Not Applicable
Indicator 6: Capital Allocation
Indicator 6 overall assessment Sub-indicator 6.1: Decarbonisation of capital

expenditures (CapEx)



Metric 6.1.a: Commitment to phase-out carbon- Metric 6.1.b: Disclosure of CapEx allocation to
intensive assets/products unabated carbon-intensive assets/products



Sub-indicator 6.2: Disclosure of intended investments into climate solutions
Metric 6.2.a: Disclosure of stated value of past

CapEx allocation to climate solutions


N Not Applicable Not Applicable Not Applicable

N Not Applicable Not Applicable Not Applicable
Indicator 7: Climate Policy Engagement
Indicator 7 overall assessment
Metric 6.2.b: Disclosure of stated value of future

CapEx allocation to climate solutions
October 2023 6.2.b Progress October 2023 Indicator 7 Progress

Y Not Applicable Partial Not Applicable
N Not Applicable Partial Not Applicable


Sub-indicator 7.1: Paris-aligned climate policy
engagement
Metric 7.1.a: Commitment to Paris-aligned lobbying

Partial Not Applicable Y Improvement in score
N Not Applicable N No change in score
Partial Not Applicable Y No change in score
Y Not Applicable Y No change in score


Partial Not Applicable N No change in score
Y Not Applicable Y Improvement in score
N Not Applicable N Decline in score
Partial Not Applicable N Decline in score
Partial Not Applicable N Decline in score
Metric 7.1.b: Commitment to advocate for Paris- Metric 7.1.c: Commitment to 1.5°C-aligned lobbying
aligned lobbying within relevant trade associations
October 2023 7.1.b Progress October 2023

Y Not Applicable N
N Not Applicable N
Y Not Applicable N
N Not Applicable N
N Not Applicable N
N Not Applicable N
N Not Applicable N
N Not Applicable N
N Not Applicable N
N Not Applicable N
Y Not Applicable Y
N Not Applicable N
Y Not Applicable N
Y Not Applicable N
N Not Applicable N
N Not Applicable N
N Not Applicable N
N Not Applicable N
N Not Applicable N
Y Not Applicable N
N Not Applicable N
N Not Applicable N
N Not Applicable N
N Not Applicable N
N Not Applicable N
N Not Applicable N
N Not Applicable N
N Not Applicable N
N Not Applicable N
N Not Applicable N
N Not Applicable N
N Not Applicable N
N Not Applicable N
N Not Applicable N
N Not Applicable N
N Not Applicable N
N Not Applicable N
N Not Applicable N
Y Not Applicable Y
N Not Applicable N
N Not Applicable N
N Not Applicable N
N Not Applicable N
N Not Applicable N
N Not Applicable N
Y Not Applicable N
Y Not Applicable Y
N Not Applicable N
Y Not Applicable N
N Not Applicable N
N Not Applicable N
N Not Applicable N
N Not Applicable N
N Not Applicable N
N Not Applicable N
N Not Applicable N
Y Not Applicable N
N Not Applicable N
Y Not Applicable N
N Not Applicable N
N Not Applicable N
N Not Applicable N
Y Not Applicable N
N Not Applicable N
Y Not Applicable Y
N Not Applicable N
N Not Applicable N
N Not Applicable N
N Not Applicable N
N Not Applicable N
N Not Applicable N
N Not Applicable N
Y Not Applicable N
N Not Applicable N
N Not Applicable N
N Not Applicable N
N Not Applicable N
Y Not Applicable N
N Not Applicable N
Y Not Applicable N
N Not Applicable Y
N Not Applicable N
N Not Applicable N
N Not Applicable N
N Not Applicable N
N Not Applicable N
N Not Applicable N
N Not Applicable N
N Not Applicable N
N Not Applicable N
Y Not Applicable N
N Not Applicable N
N Not Applicable N
N Not Applicable N
N Not Applicable N
N Not Applicable N
N Not Applicable N
N Not Applicable N
N Not Applicable N
N Not Applicable N
N Not Applicable N
N Not Applicable N
N Not Applicable N
N Not Applicable N
N Not Applicable N
N Not Applicable N
N Not Applicable N
N Not Applicable N
N Not Applicable N
N Not Applicable N
Y Not Applicable N
Y Not Applicable N
N Not Applicable N
N Not Applicable N
N Not Applicable N
N Not Applicable N
N Not Applicable N
Y Not Applicable N
N Not Applicable N
N Not Applicable N
N Not Applicable N
N Not Applicable N
Y Not Applicable N
N Not Applicable N
Y Not Applicable N
N Not Applicable N
N Not Applicable N
N Not Applicable N
N Not Applicable N
N Not Applicable N
N Not Applicable N
N Not Applicable N
N Not Applicable N
Y Not Applicable N
N Not Applicable N
N Not Applicable N
N Not Applicable N
Y Not Applicable Y
N Not Applicable N
N Not Applicable N
N Not Applicable N
N Not Applicable N
N Not Applicable N
Y Not Applicable N
N Not Applicable N
N Not Applicable Y
N Not Applicable Y
N Not Applicable N
N Not Applicable N
N Not Applicable N
Sub-indicator 7.2: Review of climate policy
engagement positions and activities
ommitment to 1.5°C-aligned lobbying
7.1.c Progress October 2023 7.2 Progress

Not Applicable Partial Not Applicable
Not Applicable N Not Applicable


Not Applicable Y Not Applicable
Metric 7.2.a: Published review of own policy Metric 7.2.b: Review of trade associations'
positions' Paris-alignment and advocacy positions and consequential actions taken



Indicator 8: Climate Governance
Indicator 8 overall assessment Sub-indicator 8.1: Board oversight of climate

change

Partial Not Applicable Partial No change in score
Partial Not Applicable Partial Decline in score


Partial Not Applicable Partial Improvement in score
Y Not Applicable Y Improvement in score
Metric 8.1.a: Disclosure of Board Committee Metric 8.1.b: Board level position named with
oversight of climate change risks responsibility for climate change



Sub-indicator 8.2: Inclusion of climate elements in
executive remuneration scheme
Metric 8.2.a: Incorporation of climate change

performance as KPI for at least one senior executive



Sub-indicator 8.3: Board competencies/capabilities
to assess and manage climate-related risks and
opportunities
Metric 8.2.b: Incorporation of progress on GHG

reduction targets as KPI for at least one senior
executive
October 2023 8.2.b Progress October 2023 8.3 Progress

N No change in score N Not Applicable
N No change in score Y Not Applicable
Y No change in score N Not Applicable
Y No change in score Partial Not Applicable
N No change in score Partial Not Applicable


Y Improvement in score Y Not Applicable
N Decline in score Partial Not Applicable
Y Improvement in score N Not Applicable
N Decline in score Partial Not Applicable
N Decline in score N Not Applicable
Y No change in score Y Not Applicable
N No change in score Y Not Applicable
Metric 8.3.a: Assessment and reporting of Board Metric 8.3.b: Criteria for assessment of Board
climate competencies climate competencies



Indicator 9: Just Transition
Indicator 9 overall assessment Sub-indicator 9.1: Commitment to Just Transition

principles



Metric 9.1.a: Commitment to decarbonise in line Metric 9.1.b: Commitment to workers affected by
with Just Transition principles decarbonisation efforts



Sub-indicator 9.2: Disclosure of Just Transition
planning and progress monitoring
Metric 9.1.c: Commitment to consult and seek

consent from affected communities
October 2023 9.1.c Progress October 2023 9.2 Progress



Metric 9.2.a: Development of Just Transition plan Metric 9.2.b: Just Transition plan developed in
consultation with affected stakeholders

N Not Applicable N


Indicator 10: TCFD Disclosure
Metric 9.2.c: Disclosure of KPIs for Just Transition plan
October 2023 9.2.c Progress October 2023

N Not Applicable Partial
N Not Applicable Y
N Not Applicable Y


N Not Applicable N
N Not Applicable Y
N Not Applicable Y
N Not Applicable Y
N Not Applicable Y
N Not Applicable Y
N Not Applicable Y
N Not Applicable Y
N Not Applicable N
N Not Applicable Y
N Not Applicable N
N Not Applicable Y
N Not Applicable Y
N Not Applicable Y
N Not Applicable Y
N Not Applicable Y
Y Not Applicable Y
Y Not Applicable Partial
N Not Applicable Y
N Not Applicable Y
N Not Applicable Y
N Not Applicable Y
N Not Applicable Y
N Not Applicable Y
N Not Applicable Y
N Not Applicable Y
N Not Applicable Y
N Not Applicable Y
N Not Applicable Y
N Not Applicable Y
N Not Applicable Y
N Not Applicable Y
N Not Applicable Y
N Not Applicable Y
N Not Applicable Y
N Not Applicable Y
N Not Applicable N
N Not Applicable Y
N Not Applicable Y
N Not Applicable Y
N Not Applicable Y
N Not Applicable N
N Not Applicable Y
N Not Applicable Y
N Not Applicable N
N Not Applicable N
N Not Applicable N
N Not Applicable Y
N Not Applicable Y
N Not Applicable Y
N Not Applicable N
N Not Applicable Y
N Not Applicable Y
N Not Applicable Y
N Not Applicable Y
N Not Applicable Y
N Not Applicable Y
N Not Applicable Y
N Not Applicable Y
N Not Applicable Y
N Not Applicable Y
N Not Applicable Y
N Not Applicable Y
N Not Applicable Y
N Not Applicable Y
N Not Applicable Y
CFD Disclosure
erall assessment Sub-indicator 10.1: Commitment to implementation

of TCFD recommendations
Metric 10.1.a: Public alignment with TCF

recommendations
Indicator 10 Progress October 2023 10.1 Progress October 2023

No change in score Y No change in score Y
Decline in score Partial Decline in score Y
Improvement in score Partial Improvement in score Y
No change in score Partial Decline in score Y

Decline in score Y No change in score Y

No change in score N No change in score N
Improvement in score Y Improvement in score Y
Improvement in score Y No change in score Y
No change in score Y Improvement in score Y
Decline in score N Decline in score N
Improvement in score N No change in score N
No change in score Partial No change in score Y
Decline in score Partial Decline in score Y
No change in score Partial No change in score N
No change in score Partial No change in score N
No change in score Partial No change in score Y
Sub-indicator 10.2: Climate scenario testi
strategic and operational resilience
Public alignment with TCFD Metric 10.1.b: Sign-posting of TCFD aligned

ons disclosures in annual reporting or publishing of
TCFD report
10.1.a Progress October 2023 10.1.b Progress October 2023

No change in score Y No change in score Partial
No change in score N Decline in score Partial
No change in score Y No change in score N


No change in score Y Improvement in score Partial
No change in score Y Improvement in score N
Decline in score N Decline in score Y
Improvement in score Y Improvement in score N
Improvement in score Y No change in score N
No change in score N No change in score Partial
No change in score N Decline in score N
Improvement in score Y No change in score Partial
Improvement in score Y No change in score N
Improvement in score Y Improvement in score Partial
Improvement in score Y Improvement in score N
No change in score N No change in score Y
10.2: Climate scenario testing for
perational resilience
Metric 10.2.a: Conducting and disclosing results of

cllimate-related scenario analysis
10.2 Progress October 2023 10.2.a Progress

No change in score Y No change in score
Decline in score Y No change in score
No change in score N No change in score
Improvement in score Y Improvement in score


Improvement in score Y No change in score
Decline in score N Decline in score
Decline in score N Decline in score
Indicator 11: Historical GHG Emissions Reductions
Metric 10.2.b: Scenario analysis coverage and reporting
October 2023 10.2.b Progress October 2023

N No change in score Not Assessed
N Decline in score Not Assessed
Y No change in score Not Assessed


Y Improvement in score Not Assessed
istorical GHG Emissions Reductions Notes
erall assessment
Indicator 11 Progress
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable BHP has disclosed the revenue, capital allocated and emissions intensity for FY23 and its intend
Not Applicable Bluescope announced an accelerated feasibility study to build a new electric arc furnace (EAF) a
Not Applicable
Not Applicable Boral Ltd. has reduced the ambition of its short term 2025 target and is reviewing its medium ter
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable Incitec Pivot discloses the criteria it uses to assess its Board's competencies with respect to mana
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable Orica Ltd. has announced an increased target to reduce net operational Scope 1 and 2 emissions
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable Qantas Airways Ltd. has launched the 'Qantas Climate Fund', a AU$400m fund to establish a do
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable Rio Tinto discloses the production, revenue and capital allocation of its commodities split by its
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable South32 updated its 1.5C
Not Applicable scenario to incorporate the
International Energy
Not Applicable Agency’s Net Zero
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable
Not Applicable Woolworths announced a new target to make all Australian and New Zealand home delivery tru
Not Applicable
ity for FY23 and its intended capital spend to FY28 on its future-facing commodities, as well as the intention to spend US$4 billion fro
lectric arc furnace (EAF) at New Zealand Steel's Glenbrook works in May 2023. With a target of being operational by 2026, this NZ$3
s reviewing its medium term 2030 target within its 2023 Annual Report. Boral's 2025 target has been reduced from an 18% reduction in
encies with respect to managing climate risks and opportunities, and discloses that no carbon credits were cancelled during 2023 within
l Scope 1 and 2 emissions by at least 45 per cent by 2030, from 2019 levels, a new short-term target to reduce net operational Scope 1 a
00m fund to establish a domestic sustainable aviation fuel (SAF) industry in Austraila, secure high integrity offset credits and support 'c
ts commodities split by its transition-related demand, as well as the emissions associated with each product group withn its 2022 Climat
Zealand home delivery trucks 100% electric by 2030 within its 2023 Sustainability Report. This goal is expected to reduce Woolworth's
to spend US$4 billion from FY24 – FY30 on operational decarbonisation within its 2023 Annual report and databook. BHP has also co
ational by 2026, this NZ$300 million project will be co-funded by the New Zealand Government and will reduce Scope 1 and 2 GHG em
d from an 18% reduction in absolute Scope 1 and 2 emissions from a FY19 baseline to 12% to 14%. This has been attributed to "delays
celled during 2023 within its 2023 CDP report.
e net operational Scope 1 and 2 emissions by 30 per cent by 2026, from 2019 levels and a new ambition to reduce Scope 3 emissions (ca
offset credits and support 'climate solutions beyond domestic SAF production'.
roup withn its 2022 Climate report.

cted to reduce Woolworth's Scope 1 transport emissions by approximately 60% compared to today.
databook. BHP has also committed to direct the advocacy of the industry associations in-line with its Climate Policy Principles, publish
uce Scope 1 and 2 GHG emissions by at least 45 per cent.
been attributed to "delays in implementing key decarbonisation levers."

duce Scope 3 emissions (cat 1 and cat 11) by 25 per cent by 2035, from 2022 baseline levels.
e Policy Principles, publish industry association reviews every 2 years, and discloses and updates its direct advocacy on climate policy a
vocacy on climate policy and the policy actions taken by BHP.
Climate Accounting & Audit Alignment Assessments: October 2023 Climate Action 100+ Net Zero Company Benchmark
Data
This tab contains the results of the Climate Accounting and Audit assessm
statements (including the notes thereto), and the auditor’s report thereon
sooner) net zero greenhouse gas (GHG) emissions pathway and achieving
Note that the metric-level scoring system has been changed in 2023 from
insight into progress companies are making towards meeting the Metric c
Progress (change in score) columns refer to recent progress (i.e., October

assessment versus to October 2023 assessment).
Learn more about Carbon Tracker's Climate Accounting and Audit assess
Company name ISIN HQ Location HQ Region
A.P. Møller - Mærsk DK0010244425 Europe Denmark

A/S
Adbri Ltd. AU000000ABC7 Australasia Australia
The AES Corp. US00130H1059 North America U.S.

AGL Energy Ltd. AU000000AGL7 Australasia Australia
Air France–KLM S.A. FR0000031122 Europe France

Airbus SE NL0000235190 Europe Netherlands
American Airlines US02376R1023 North America U.S.
Group Inc.
Anglo American plc GB00B1XZS820 Europe UK
Anhui Conch Cement CNE1000001W2 Asia China
Co. Ltd.
PT Aneka Tambang Tbk ID1000106602 Asia Indonesia
ArcelorMittal S.A. LU1598757687 Europe Luxembourg
BASF SE DE000BASF111 Europe Germany
Bayer AG DE000BAY0017 Europe Germany
Berkshire Hathaway US0846701086 North America U.S.
Inc.
BHP Group Ltd (Aus); AU000000BHP4 Europe and Australasia Australia and UK
BHP Group plc (UK)
BlueScope Steel Ltd. AU000000BSL0 Australasia Australia
Bayerische Motoren DE0005190003 Europe Germany
Werke AG (BMW)
The Boeing Co. US0970231058 North America U.S.
Boral Ltd. AU000000BLD2 Australasia Australia
BP plc GB0007980591 Europe UK
PT Bumi Resources Tbk ID1000068703 Asia Indonesia
Bunge Ltd. BMG169621056 North America U.S.
Canadian Natural CA1363851017 North America Canada
Resources Ltd.
Caterpillar Inc. US1491231015 North America U.S.
Cemex SAB de CV MXP225611567 North America Mexico
Centrica plc GB00B033F229 Europe UK
CEZ, a.s. CZ0005112300 Europe Czech Republic
Chevron Corp. US1667641005 North America U.S.
China Shenhua Energy CNE1000002R0 Asia China
Co. Ltd.
China Steel Corp. TW0002002003 Asia Taiwan ROC
CNOOC Ltd. HK0883013259 Asia China
Coal India Ltd. INE522F01014 Asia India
Colgate-Palmolive Co. US1941621039 North America U.S.
ConocoPhillips US20825C1045 North America U.S.
CRH plc IE0001827041 Europe Ireland
Cummins Inc. US2310211063 North America U.S.
Daikin Industries, Ltd. JP3481800005 Asia Japan
Dangote Cement plc NGDANGCEM008 Africa Nigeria
Danone S.A. FR0000120644 Europe France
Delta Air Lines, Inc. US2473617023 North America U.S.
Dow Inc. US2605571031 North America U.S.
E.ON SE DE000ENAG999 Europe Germany
Ecopetrol S.A. COC04PA00016 South America Colombia
Electricité de France FR0010242511 Europe France
S.A.
Enel SpA IT0003128367 Europe Italy
ENEOS Holdings, Inc. JP3386450005 Asia Japan
Engie S.A. FR0010208488 Europe France
Eni S.p.A. IT0003132476 Europe Italy
Equinor ASA NO0010096985 Europe Norway
Eskom Holdings SOC ZAG000066697 Africa South Africa
Ltd.
Exxon Mobil Corp. US30231G1022 North America U.S.
Ford Motor Co. US3453708600 North America U.S.
Formosa Petrochemical TW0006505001 Asia Taiwan ROC
Corp.
Fortum Oyj FI0009007132 Europe Finland
General Electric Co. US3696043013 North America U.S.
General Motors Co. US37045V1008 North America U.S.
Glencore plc JE00B4T3BW64 Europe Switzerland
Grupo Argos S.A. COT09PA00035 South America Colombia
Grupo México, S.A.B. MXP370841019 North America Mexico
de C.V.
Heidelberg Materials DE0006047004 Europe Germany
AG
Hitachi, Ltd. JP3788600009 Asia Japan
Holcim Ltd CH0012214059 Europe Switzerland
Hon Hai Precision TW0002317005 Asia Taiwan ROC
Industry Co., Ltd.
Honda Motor Co., Ltd. JP3854600008 Asia Japan
Iberdrola, S.A. ES0144580Y14 Europe Spain
Imperial Oil Ltd. CA4530384086 North America Canada
Incitec Pivot Ltd. AU000000IPL1 Australasia Australia
International Paper Co. US4601461035 North America U.S.
Korea Electric Power KR7015760002 Asia South Korea
Corp.
L'Air Liquide S.A. FR0000120073 Europe France
Lockheed Martin Corp. US5398301094 North America U.S.
LyondellBasell NL0009434992 Europe The Netherlands
Industries N.V.
Marathon Petroleum US56585A1025 North America U.S.
Corp.
Martin Marietta US5732841060 North America U.S.
Materials, Inc.
Mercedes-Benz Group DE0007100000 Europe Germany
AG
Naturgy Energy Group, ES0116870314 Europe Spain
S.A.
Nestlé S.A. CH0038863350 Europe Switzerland
Nippon Steel Corp. JP3381000003 Asia Japan
Nissan Motor Co., Ltd. JP3672400003 Asia Japan
NRG Energy US6293775085 U.S. North America
NTPC Ltd. INE733E01010 Asia India
Occidental Petroleum US6745991058 North America U.S.
Corp.
OMV AG AT0000743059 Europe Austria
Oil and Natural Gas INE213A01029 Asia India
Corp. Ltd.
Orica Ltd. AU000000ORI1 Australasia Australia
Origin Energy Ltd. AU000000ORG5 Australasia Australia
PACCAR Inc US6937181088 North America U.S.

Panasonic Holdings JP3866800000 Asia Japan
Corp.
Petróleos Mexicanos XS0775808917 North America Mexico
Petróleo Brasileiro S.A. BRPETRACNPR6 South America Brazil
PetroChina Co. Ltd. CNE1000003W8 Asia China
PGE Polska Grupa PLPGER000010 Europe Poland
Energetyczna S.A.
Phillips 66 US7185461040 North America U.S.
POSCO Holdings Inc. KR7005490008 Asia South Korea
Power Assets Holdings HK0006000050 Asia Hong Kong
Ltd.
The Procter & Gamble US7427181091 North America U.S.
Co.
PTT Public Co. Ltd. TH0646010007 Asia Thailand
Qantas Airways Ltd. AU000000QAN2 Australasia Australia
Raytheon Technologies US7551115071 North America U.S.

Corp.
Reliance Industries Ltd. INE002A01018 Asia India
Renault S.A. FR0000131906 Europe France
Repsol, S.A. ES0173516115 Europe Spain
Rio Tinto plc (UK); GB0007188757 Europe and Australasia Australia and UK
Rio Tinto Ltd. (Aus)
Rolls-Royce Holdings GB00B63H8491 Europe UK
plc
RWE AG DE0007037129 Europe Germany
SAIC Motor Corp. Ltd. CNE000000TY6 Asia China
Compagnie de Saint- FR0000125007 Europe France
Gobain S.A.
Santos Ltd. AU000000STO6 Australasia Australia
Sasol Ltd. ZAE000006896 Africa South Africa
Saudi Arabian Oil Co. SA14TG012N13 Middle East Saudi Arabia

Shell plc GB00BP6MXD84 Europe The Netherlands
Siemens Energy AG DE000ENER6Y0 Europe Germany
China Petroleum & CNE1000002Q2 Asia China
Chemical Corp.
SK Innovation Co., Ltd. KR7096770003 Asia South Korea
South32 Ltd. AU000000S320 Australasia Australia
SSAB AB SE0000171100 Europe Sweden

SSE plc GB0007908733 Europe UK
Stellantis N.V. NL00150001Q9 Europe Netherlands
Suncor Energy Inc. CA8672241079 North America Canada
Suzano S.A. BRSUZBACNOR0 South America Brazil
Suzuki Motor Corp. JP3397200001 Asia Japan
Teck Resources Ltd. CA8787422044 North America Canada
thyssenkrupp AG DE0007500001 Europe Germany
Toray Industries, Inc. JP3621000003 Asia Japan
TotalEnergies SE FR0000120271 Europe France
Toyota Motor Corp. JP3633400001 Asia Japan
Trane Technologies plc IE00BK9ZQ967 Europe Ireland
UltraTech Cement Ltd. INE481G01011 Asia India
Unilever plc GB00B10RZP78 Europe UK
United Airlines US9100471096 North America U.S.
Holdings, Inc.
PT United Tractors Tbk ID1000058407 Asia Indonesia
Vale S.A. BRVALEACNOR0 South America Brazil
Valero Energy Corp. US91913Y1001 North America U.S.
Vedanta Ltd. INE205A01025 Asia India
Vistra Corp. US92840M1027 North America U.S.
Volkswagen AG DE0007664039 Europe Germany
Volvo AB SE0000115446 Europe Sweden
Walmart Inc. US9311421039 North America U.S.
Woodside Energy AU000000WPL2 Australasia Australia
Group Ltd
Woolworths Group Ltd. AU000000WOW2 Australasia Australia
Climate Accounting and Audit Traffic Light Assessment Rules (Note: Metric level scores roll up into Sub-Indicator scores,
Green - Yes, meets all At the overall assessment level, the company receives a ‘Yes’ on all Sub-indicators and Metrics tha
criteria company receives a ‘Yes’ on all Metrics that make up the Sub-indicator. At Metric level, the compa
requirements are met.
Amber - Partial, meets At the overall assessment level, the company receives a ‘Yes’ or 'Partial' on at least one Metric tha
some criteria company receives a ‘Yes’ or 'Partial' on at least one Metric that makes up the Sub-indicator. At Me
methodology requirements are partially met.
Red - No, does not At the overall assessment level, the company receives a ‘No’ on all Sub-indicators or Metrics that m
meet any criteria company receives a “No” for all Metrics that make up the Sub-indicator. At Metric level, the comp
requirements are partially met.
Grey Not currently assessed

00+ Net Zero Company Benchmark
limate Accounting and Audit assessments from Carbon Tracker Initiative (CTI), used to assess whether a company’s financial
eto), and the auditor’s report thereon, reflect consideration of the effects of climate risk and the global move onto a 2050 (or
HG) emissions pathway and achieving the Paris Agreement goal of limiting global warming to no more than 1.5°C.
stem has been changed in 2023 from a binary yes/no to a traffic light scoring system (i.e., green/amber/red) to provide better
making towards meeting the Metric criteria.
efer to recent progress (i.e., October 2022 assessment versus October 2023 assessment), not overall progress (i.e., March 2022
assessment).
Climate Accounting and Audit assessments.
Indicator: Overall Climate Accounting and Audit Score
Sector Financial Year End Overall accounting and audit

Assessed assessment
October 2023
Shipping 12/31/2022 Partial, meets some criteria

Cement 12/31/2022 Partial, meets some criteria
Electric Utilities 12/31/2022 No, does not meet any criteria

Electric Utilities 6/30/2023 Partial, meets some criteria
Airlines 12/31/2022 Partial, meets some criteria

Other transport 12/31/2022 Partial, meets some criteria
Airlines 12/31/2022 No, does not meet any criteria
Diversified Mining 12/31/2022 Partial, meets some criteria

Cement 12/31/2022 No, does not meet any criteria
Diversified Mining 12/31/2022 No, does not meet any criteria

Steel 12/31/2022 Partial, meets some criteria
Chemicals 12/31/2022 Partial, meets some criteria
Chemicals 12/31/2022 No, does not meet any criteria
Other Industrials 12/31/2022 No, does not meet any criteria
Steel 6/30/2023 Partial, meets some criteria

Autos 12/31/2022 Partial, meets some criteria
Other transport 12/31/2022 No, does not meet any criteria

Oil & Gas 12/31/2022 Partial, meets some criteria
Coal Mining 12/31/2022 No, does not meet any criteria
Consumer Goods and Ser12/31/2022 No, does not meet any criteria

Oil & Gas Distribution 12/31/2022 Partial, meets some criteria
Oil & Gas 12/31/2022 No, does not meet any criteria
Steel 12/31/2022 No, does not meet any criteria

Cement 12/31/2022 Partial, meets some criteria

Autos 12/31/2022 No, does not meet any criteria



Paper 12/31/2022 No, does not meet any criteria

Oil & Gas Distribution 12/31/2022 Partial, meets some criteria
Consumer Goods and Ser12/31/2022 Partial, meets some criteria





Airlines 6/30/2023 Partial, meets some criteria

Other Industrials 12/31/2022 Partial, meets some criteria

Other Industrials 9/30/2023 Partial, meets some criteria

Paper 12/31/2022 Partial, meets some criteria
Consumer Goods and Ser12/31/2022 Partial, meets some criteria

res roll up into Sub-Indicator scores, which roll up into the "Overall Climate Accounting and
on all Sub-indicators and Metrics that make up the Indicator. At the Sub-indicator level, the
-indicator. At Metric level, the company receives a 'Yes' when the methodology
or 'Partial' on at least one Metric that makes up the Indicator. At the Sub-indicator level, the
at makes up the Sub-indicator. At Metric level, the company receives a 'Partial' when the
on all Sub-indicators or Metrics that make up the Indicator. At the Sub-indicator level, the
b-indicator. At Metric level, the company receives a 'Partial' when the methodology
d to assess whether a company’s financial
te risk and the global move onto a 2050 (or
arming to no more than 1.5°C.
em (i.e., green/amber/red) to provide better
sment), not overall progress (i.e., March 2022
mate Accounting and Audit Score

Sub-indicator 1: Financial Statements
Overall accounting and audit Sub-indicator 1: Overall assessment
progress (change in score)
Overall Progress (change in score) October 2023 Sub-indicator 1: Progress (change in

score)
Score change due to metric level sc Partial, meets some criteria Score change due to metric level scor
Score change due to metric level Partial, meets some criteria Score change due to metric level
scoring update scoring update
No change in score No, does not meet any criteria No change in score
Score change due to metric level sc No, does not meet any criteria No change in score
Improvement in score Partial, meets some criteria Improvement in score
No change in score Partial, meets some criteria No change in score
No change in score Partial, meets some criteria Score change due to metric level scor


Score change due to metric level sc Partial, meets some criteria score change due to metric level scori
Score change due to metric level sc Partial, meets some criteria Score change due to metric level
scoring update
scoring update
scoring update
scoring update
Metric 1.a: Material climate-related matters
October 2023 1.a: Progress (change in score)
Partial, meets some criteria Score change due to metric level scoring update
No, does not meet any criteria No change in score

Partial, meets some criteria Improvement in score



Yes, meets criteria No change in score













Yes, meets criteria Improvement in score


Partial, meets some criteria No change in score




Metric 1.b: Quantitative climate-related assumptions and estimates
October 2023 1.b: Progress (change in score)













No, does not meet any criteria no change in score








Yes, meets criteria Improvement in score




Sub-indicator 2: Audit Report
Metric 1.c: Consistency with company's other reporting Sub-indicator 2: Overall assessment
October 2023 1.c: Progress (change in score) October 2023
No, does not meet any criteri No change in score No, does not meet any cr
No, does not meet any criteri No change in score Partial, meets some crite
Partial, meets some criteria Score change due to metric level scoring update Partial, meets some crite
Partial, meets some criteria Improvement in score No, does not meet any cr
Partial, meets some criteria Score change due to metric level scoring update Yes, meets criteria
Partial, meets some criteria Score change due to metric level scoring update No, does not meet any cr
Partial, meets some criteria Improvement in score Partial, meets some crite
no, does not meet any criteri no change in score No, does not meet any cr
Partial, meets some criteria Improvement in score Partial, meets some crite
or 2: Audit Report
or 2: Overall assessment Metric 2.a: Auditor assessment of material impacts of climate-related matte
Sub-indicator 2: Progress (change in score) October 2023
No change in score No, does not meet any criteria


Score change due to metric level scoring Partial, meets some criteria
update
Score change due to metric level scoring up Partial, meets some criteria
Improvement in score Partial, meets some criteria


update

No change in score Yes, meets criteria








no change in score no, does not meet any criteria

update










f material impacts of climate-related matters Metric 2.b: Inconsistencies between the financial statements and ‘ot
2.a: Progress (change in score) October 2023


Score change due to metric level scoring update No, does not meet any criteria
Improvement in score No, does not meet any criteria






Score change due to metric level scoring update Yes, meets criteria
Score change due to metric level scoring update Partial, meets some criteria











Score change due to metric level scoring update Yes, meets criteria
No change in score Partial, meets some criteria






Sub-indicator 3: Alignment with net zero greenhouse gas (GHG) emissions
the financial statements and ‘other information’ identifie Sub-indicator 3: Overall assessment
2.b: Progress (change in score) October 2023










Score change due to metric level scoring upda Partial, meets some criteria





no change in score No, does not meet any criteria








Score change due to metric level scoring upda No, does not meet any criteria



Score change due to metric level scoring upda Partial, meets some criteria




nt with net zero greenhouse gas (GHG) emissions by 2050 (or sooner) and no more than 1.5°C warming
Metric 3.a: Financial statements use, or disclose sensitivity(ies) to net zero gree
Sub-indicator 3: Progress (change in October 2023

score)






Score change due to metric level scoring No, does not meet any criteria






















n 1.5°C warming
se, or disclose sensitivity(ies) to net zero greenhouse g Metric 3.b: Audit report identifies that assumptions and estimates or sensiti
3.a: Progress (change in score) October 2023








Score change due to metric level scoring upd No, does not meet any criteria


Score change due to metric level scoring upd Partial, meets some criteria





no change in score No, does not meet any criteria















t assumptions and estimates or sensitivity analysis(es) were aligned with achieving net zero GHG emissions by 2050 (or sooner), or p
3.b: Progress (change in score)
No change in score
No change in score
No change in score
No change in score
No change in score
No change in score
No change in score
No change in score
No change in score
No change in score
No change in score
No change in score
No change in score
No change in score
No change in score
No change in score
No change in score
No change in score
Score change due to metric level scoring update
No change in score
No change in score
No change in score
No change in score
No change in score
No change in score
No change in score
No change in score
No change in score
No change in score
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No change in score
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No change in score
No change in score
No change in score
No change in score
No change in score
Notes
(es) were aligned with achieving net zero GHG emissions by 2050 (or sooner), or provides sensitivity analysis(es)
Equinor ASA: In the p/y, Equinor and EY achieved a Yes. However, according to the methodology there is more that should
Eskom Holdings SOC Ltd: Noted OPEN for 2022 reports
Rio Tinto: While Rio Tinto's score improved for Metric 2b, this did not result in an improvement in scores for Sub-indictor 2
Suzuki Motor Corp: Noted 2022 reporting OPEN

oth have been assessed as Partial due to metric level scoring update.
ere last year scored 'Partial'.
Climate Policy Engagement Alignment Assessments: October 2023 Climate Action 100+ Net Zero Company Benchmark
Expanding the spreadsheet using (+) and (-) in top

(1) Provides October 2023 score and Indicator level
relevant
(2) Adds Sub-Indicator level scoring and progress in
above, where relevant
Please see the 'CA100+ Benchmark Framework' tab
information.
Learn more about InfluenceMap's Climate Policy Engagement assessments.
Company name ISIN HQ Location

A.P. Moller (Maersk) DK0010244425 Denmark
Adbri AU000000ABC7 Australia
AES Corporation US00130H1059 U.S.
AGL Energy AU000000AGL7 Australia
Air France-KLM FR0000031122 France
Airbus Group NL0000235190 Netherlands
American Airlines US02376R1023 U.S.
American Electric Power US0255371017 U.S.
Anglo American GB00B1XZS820 UK
Anhui Conch Cement CNE1000001W2 China
ANTAM ID1000106602 Indonesia
ArcelorMittal LU1598757687 Luxembourg
BASF DE000BASF111 Germany
Bayer DE000BAY0017 Germany
Berkshire Hathaway US0846701086 U.S.
BHP Group AU000000BHP4 Australia and UK
Bluescope Steel AU000000BSL0 Australia
BMW DE0005190003 Germany
Boeing US0970231058 U.S.
Boral AU000000BLD2 Australia
BP GB0007980591 UK
Bumi Resources ID1000068703 Indonesia
Bunge BMG169621056 U.S.
Canadian Natural CA1363851017 Canada

Caterpillar US1491231015 U.S.
Cemex MXP225611567 Mexico
Centrica GB00B033F229 UK
CEZ CZ0005112300 Czech Republic
Chevron US1667641005 U.S.
China Shenhua CNE1000002R0 China
China Steel TW0002002003 Taiwan ROC
CNOOC HK0883013259 China
Coal India INE522F01014 India
Colgate-Palmolive US1941621039 U.S.
ConocoPhillips US20825C1045 U.S.
CRH IE0001827041 Ireland
Cummins US2310211063 U.S.
Daikin JP3481800005 Japan
Dangote Cement NGDANGCEM008 Nigeria
Danone FR0000120644 France
Delta US2473617023 U.S.
Dominion Energy US25746U1097 U.S.
Dow US2605571031 U.S.
Duke Energy US26441C2044 U.S.
E.ON DE000ENAG999 Germany
Ecopetrol COC04PA00016 Colombia
EDF FR0010242511 France
Enel IT0003128367 Italy
ENEOS JP3386450005 Japan
Engie FR0010208488 France
Eni IT0003132476 Italy
Equinor NO0010096985 Norway
Eskom ZAG000066697 South Africa
Exxon Mobil US30231G1022 U.S.
FirstEnergy US3379321074 U.S.
Ford US3453708600 U.S.
Formosa Petrochemical TW0006505001 Taiwan ROC
Fortum FI0009007132 Finland
General Electric US3696043013 U.S.
General Motors US37045V1008 U.S.
Glencore JE00B4T3BW64 Switzerland
Grupo Argos COT09PA00035 Colombia
Grupo México MXP370841019 Mexico
HeidelbergCement DE0006047004 Germany
Hitachi JP3788600009 Japan
Holcim CH0012214059 Switzerland
Hon Hai TW0002317005 Taiwan ROC
Honda Motor JP3854600008 Japan
Iberdrola ES0144580Y14 Spain
Imperial Oil CA4530384086 Canada
Incitec Pivot AU000000IPL1 Australia
International Paper Company US4601461035 U.S.
KEPCO KR7015760002 South Korea
L'Air Liquide FR0000120073 France
Lockheed Martin US5398301094 U.S.
LyondellBasell Industries NL0009434992 The Netherlands
Marathon Petroleum US56585A1025 U.S.
Martin Marietta Materials US5732841060 U.S.
Mercedes-Benz (formerly Daimler AG) DE0007100000 Germany
National Grid GB00BDR05C01 UK
Naturgy Energy Group ES0116870314 Spain
Nestlé CH0038863350 Switzerland
NextEra Energy US65339F1012 U.S.

Nippon Steel JP3381000003 Japan
Nissan JP3672400003 Japan
NRG Energy US6293775085 U.S.
NTPC INE733E01010 India
Occidental Petroleum US6745991058 U.S.
OMV AT0000743059 Austria
ONGC INE213A01029 India
Orica AU000000ORI1 Australia
Origin Energy AU000000ORG5 Australia
PACCAR US6937181088 U.S.
Panasonic JP3866800000 Japan
PEMEX XS0775808917 Mexico

Petrobras BRPETRACNPR6 Brazil
PetroChina CNE1000003W8 China
PGE PLPGER000010 Poland
Phillips 66 US7185461040 U.S.
POSCO Holdings KR7005490008 South Korea
Power Assets HK0006000050 Hong Kong
PPL US69351T1060 U.S.
Procter & Gamble US7427181091 U.S.
PTT TH0646010007 Thailand

Qantas AU000000QAN2 Australia
Raytheon Technologies US7551115071 U.S.
Reliance Industries INE002A01018 India
Renault FR0000131906 France
Repsol ES0173516115 Spain
Rio Tinto GB0007188757 Australia and UK
Rolls-Royce GB00B63H8491 UK
RWE DE0007037129 Germany
Saic Motor CNE000000TY6 China
Saint Gobain FR0000125007 France
Santos AU000000STO6 Australia
Sasol ZAE000006896 South Africa
Saudi Aramco SA14TG012N13 Saudi Arabia
Shell (formally Royal Dutch Shell) GB00BP6MXD84 The Netherlands
Siemens Energy DE000ENER6Y0 Germany
Sinopec CNE1000002Q2 China
SK Innovation KR7096770003 South Korea
South32 AU000000S320 Australia
Southern Company US8425871071 U.S.
SSAB SE0000171100 Sweden
SSE GB0007908733 UK
Stellantis (formerly Fiat/PSA Groupe) NL00150001Q9 Netherlands
Suncor Energy CA8672241079 Canada
Suzano BRSUZBACNOR0 Brazil
Suzuki Motor JP3397200001 Japan
Teck Resources CA8787422044 Canada
thyssenkrupp DE0007500001 Germany
Toray Industries JP3621000003 Japan
TotalEnergies FR0000120271 France
Toyota JP3633400001 Japan
Trane Technologies IE00BK9ZQ967 Ireland
Ultratech Cement INE481G01011 India
Unilever GB00B10RZP78 UK
United Airlines US9100471096 U.S.

United Tractors ID1000058407 Indonesia
Vale BRVALEACNOR0 Brazil
Valero Energy US91913Y1001 U.S.
Vedanta INE205A01025 India
Vistra US92840M1027 U.S.
Volkswagen DE0007664039 Germany
Volvo SE0000115446 Sweden
WalMart US9311421039 U.S.
WEC Energy US92939U1060 U.S.
Woodside AU000000WPL2 Australia
Woolworths AU000000WOW2 Australia
Xcel Energy US98389B1008 U.S.
Influence Map Traffic Light Scoring Rules

Indicator 1: Real-world Climate Policy Engagement
Green - Aligned, meets criteria Text shows that the company is aligned as it is within IM's Performance Band: [A+
Amber - Partially aligned, meets some Text shows that the company is partially aligned as it is within IM's Performance B
criteria
Red - Misaligned, does not meet Text shows that the company is misaligned as it is in IM's Performance Band: [D to
criteria
Grey Not Applicable
Sub-indicator 1.1 and 1.2: Real-world Direct and Indirect Climate Policy Engagement
Green - Aligned, meets criteria Text shows that the company is aligned as it is within IM's Organisation Score rang
Amber - Partially aligned, meets some Text shows that the company is partially aligned as it is within IM's Organisation S
criteria
Red - Misaligned, does not meet Text shows that the company is misaligned as it is within IM's Organisation Score r
criteria
Grey Not Applicable
Indicator 2: Accuracy of Climate Policy Engagement Disclosure
Green - Aligned, meets criteria At the overall assessment level, the company receives a ‘Yes’ on all Sub-indicators
Sub-indicator level, the company receives a ‘Yes’ on all Metrics that make up the S
Amber - Partially aligned, meets some At the overall assessment level, the company receives a ‘Yes’ or 'Partial' on at leas
criteria Sub-indicator level, the company receives a ‘Yes’ or 'Partial' on at least one Metric
Red - Misaligned, does not meet At the overall assessment level, the company receives a ‘No’ on all Sub-indicators
criteria Sub-indicator level, the company receives a “No” for all Metrics that make up the
Grey Not Applicable
Sub-indicator 2.1 and 2.2: Accuracy of Direct and Indirect Climate Policy Engagement
Green - Yes, meets criteria Text shows that the company has published an accurate account of its positions a
policies, aligned with InfluenceMap's database.
Amber - Partial, meets some criteria Text shows that the company has published a partial account of its positions and e
policies, but excludes material evidence of direct climate policy engagement identi
Red - No, does not meet criteria Text shows that the company has not published an account of its positions and en
policies, or the company’s disclosure is limited to ‘top-line’ climate statements wit
Grey Not Applicable
Indicator 3: Corporate Climate Policy Engagement Review
Green - Yes, meets criteria Text shows that the company meets the criteria for this Indicator as it is within IM
Amber - Partial, meets some criteria Text shows that the company meets some of the criteria for this Indicator as it is w
Red - No, does not meet criteria Text shows that the company does not meet the criteria for this Indicator as it is w
States no review published
00+ Net Zero Company Benchmark
e spreadsheet using (+) and (-) in top left corner: Data

ctober 2023 score and Indicator level progress, where
This spreadsheet shows data as of October 202
ndicator level scoring and progress indication to the the data is as of 1 August 2023.
relevant Progress columns refer to recent progress (i.e.,
e 'CA100+ Benchmark Framework' tab for further progress (i.e., March 2021 to October 2022). Du
methodology, progress data can only be provid
methodology for this portion of the assessment
comparable progress data can be obtained. Up
continual basis, can be found on the InfluenceM
Access the InfluenceMap CA100+ Investor Hub
HQ Region Sector Cluster Sector InfluenceMap Profile Link

Europe Transportation Shipping http://influencemap.org/com
Australasia Industrials Cement http://influencemap.org/co
North America Energy Electricity Utilities http://influencemap.org/com
Australasia Energy Electricity Utilities http://influencemap.org/com
Europe Transportation Airlines http://influencemap.org/com
Europe Transportation Other transport http://influencemap.org/com
North America Transportation Airlines http://influencemap.org/com
North America Energy Electricity Utilities http://influencemap.org/comp
Europe Industrials Diversified Mining http://influencemap.org/com
Asia Industrials Cement http://influencemap.org/co
Asia Industrials Diversified Mining http://influencemap.org/co
Europe Industrials Steel http://influencemap.org/com
Europe Industrials Chemicals http://influencemap.org/co
Europe Industrials Chemicals http://influencemap.org/com
North America Industrials Other Industrials http://influencemap.org/com
Europe and AustralasIndustrials Diversified Mining http://influencemap.org/comp
Australasia Industrials Steel http://influencemap.org/co
Europe Transportation Autos http://influencemap.org/co
North America Transportation Other transport http://influencemap.org/com
Australasia Industrials Cement http://influencemap.org/com
Europe Energy Oil & Gas http://influencemap.org/co
Asia Industrials Coal Mining http://influencemap.org/co
North America Consumer goods & Consumer Goods and Service
Services
http://influencemap.org/com
North America Energy Oil & Gas http://influencemap.org/comp
North America Industrials Other Industrials http://influencemap.org/com
North America Industrials Cement http://influencemap.org/co
Europe Energy Oil & Gas Distribution http://influencemap.org/com
Europe Energy Electricity Utilities http://influencemap.org/co
North America Energy Oil & Gas http://influencemap.org/com
Asia Energy Coal Mining http://influencemap.org/com
Asia Industrials Steel http://influencemap.org/com
Asia Energy Oil & Gas http://influencemap.org/co
Asia Energy Coal Mining http://influencemap.org/com
North America Consumer goods & Consumer Goods and Servicehttp://influencemap.org/com
North America Services
Energy Oil & Gas http://influencemap.org/comp
Europe Industrials Cement http://influencemap.org/comp
North America Industrials Other Industrials http://influencemap.org/co
Asia Industrials Other Industrials http://influencemap.org/com
Africa Industrials Cement http://influencemap.org/com
Europe Consumer goods & ServicConsumer Goods and Servicehttp://influencemap.org/co
North America Transportation Airlines http://influencemap.org/compa
North America Industrials Chemicals http://influencemap.org/com
Europe Energy Electricity Utilities http://influencemap.org/com
South America Energy Oil & Gas http://influencemap.org/com
Asia Energy Oil & Gas http://influencemap.org/com
Europe Energy Oil & Gas http://influencemap.org/com
Africa Energy Electricity Utilities http://influencemap.org/com
North America Transportation Autos http://influencemap.org/com
North America Industrials Other Industrials http://influencemap.org/comp
North America Transportation Autos http://influencemap.org/com
Europe Industrials Diversified Mining http://influencemap.org/comp
South America Industrials Cement http://influencemap.org/com
North America Industrials Diversified Mining http://influencemap.org/co
Europe Transportation Cement http://influencemap.org/com
Europe Industrials Cement http://influencemap.org/com
Asia Industrials Other Industrials http://influencemap.org/comp
Asia Transportation Autos http://influencemap.org/com
North America Energy Oil & Gas http://influencemap.org/compa
Australasia Industrials Chemicals http://influencemap.org/compa
North America Industrials Paper http://influencemap.org/com
Asia Energy Electricity Utilities http://influencemap.org/com
Europe Industrials Chemicals http://influencemap.org/comp
North America Transportation Other transport http://influencemap.org/com
Europe Industrials Chemicals http://influencemap.org/compa
North America Industrials Cement http://influencemap.org/com
Europe Transportation Autos http://influencemap.org/com
Europe Energy Electricity Utilities http://influencemap.org/comp
Europe Energy Oil & Gas Distribution http://influencemap.org/comp
Europe Consumer goods & Consumer Goods and Service
Services
http://influencemap.org/co
North America Energy Electricity Utilities http://influencemap.org/comp
Asia Industrials Steel http://influencemap.org/com
Asia Energy Electricity Utilities http://influencemap.org/co
Australasia Industrials Other Industrials http://influencemap.org/com
Australasia Energy Oil & Gas http://influencemap.org/comp
North America Transportation Other transport http://influencemap.org/co
Asia Consumer goods & Consumer Goods and Service
Services
North America Energy Oil & Gas http://influencemap.org/co
South America Energy Oil & Gas http://influencemap.org/com
North America Energy Oil & Gas http://influencemap.org/compa
Asia Industrials Steel http://influencemap.org/co
Asia Energy Electricity Utilities http://influencemap.org/com
North America Consumer goods & Consumer Goods and Service
Services
Australasia Transportation Airlines http://influencemap.org/co
North America Transportation Other transport http://influencemap.org/comp
Asia Industrials Oil & Gas http://influencemap.org/compa
Europe and AustralasIndustrials Diversified Mining http://influencemap.org/comp
Europe Transportation Other transport http://influencemap.org/com
Europe Industrials Other Industrials http://influencemap.org/com
Australasia Energy Oil & Gas http://influencemap.org/co
Africa Energy Oil & Gas http://influencemap.org/com
Middle East Energy Oil & Gas http://influencemap.org/co
Europe Energy Oil & Gas http://influencemap.org/comp
Asia Energy Oil & Gas http://influencemap.org/co
Australasia Industrials Diversified Mining http://influencemap.org/com
Europe Industrials Steel http://influencemap.org/co
South America Industrials Paper http://influencemap.org/comp
North America Industrials Diversified Mining http://influencemap.org/comp
Europe Industrials Steel http://influencemap.org/co
Asia Industrials Chemicals http://influencemap.org/compa
Asia Industrials Cement http://influencemap.org/com
Europe Consumer goods & Consumer Goods and Service
Services
North America Transportation Airlines http://influencemap.org/comp
South America Industrials Diversified Mining http://influencemap.org/com
Asia Industrials Diversified Mining http://influencemap.org/com
Europe Transportation Autos http://influencemap.org/co
Europe Transportation Other transport http://influencemap.org/co
North America Consumer goods & ServicConsumer Goods and Servicehttp://influencemap.org/comp
Australasia Energy Oil & Gas http://influencemap.org/com
Australasia Consumer goods & ServicConsumer Goods and Servicehttp://influencemap.org/c
ffic Light Scoring Rules
is within IM's Performance Band: [A+ to B]

ned as it is within IM's Performance Band: [B- to D+]
as it is in IM's Performance Band: [D to F]
t
is within IM's Organisation Score range: [>75%]
ned as it is within IM's Organisation Score range: [50% - 74%]
as it is within IM's Organisation Score range: [<50%]

y receives a ‘Yes’ on all Sub-indicators and Metrics that make up the Indicator. At the
‘Yes’ on all Metrics that make up the Sub-indicator.
y receives a ‘Yes’ or 'Partial' on at least one Metric that makes up the Indicator. At the
‘Yes’ or 'Partial' on at least one Metric that makes up the Sub-indicator.
y receives a ‘No’ on all Sub-indicators or Metrics that make up the Indicator. At the
“No” for all Metrics that make up the Sub-indicator.
nt
an accurate account of its positions and engagement activities on specific climate
se.
a partial account of its positions and engagement activities on specific climate
irect climate policy engagement identified by InfluenceMap's database.
hed an account of its positions and engagement activities on specific climate-related
ed to ‘top-line’ climate statements without reference to specific climate-related.
eria for this Indicator as it is within IM's Review Score range: [>75%]
f the criteria for this Indicator as it is within IM's Review Score range: [25%-74%]
t the criteria for this Indicator as it is within IM's Review Score range: [<25%] OR
hows data as of October 2023 (v2) Benchmark iteration. For October 2023
August 2023.
refer to recent progress (i.e., March 2022 to October 2022), not overall
ch 2021 to October 2022). Due to changes in InfluenceMap's assessment
gress data can only be provided for Sub-indicator 1.1 & 1.2. The
his portion of the assessment is similar to its 2022 version, thus
ess data can be obtained. Up-to-date scores, which are refreshed on a
n be found on the InfluenceMap CA100+ Investor Hub.
ceMap CA100+ Investor Hub here.
Indicator 1: Real-world Climate Policy Engagement
Indicator 1 overall assessment: Performance Band (A+ - F)
October 2023
Partially aligned - B-
Partially aligned - C-
Partially aligned - C+
Misaligned - D
Misaligned - D
Partially aligned - D+
Misaligned - D
Misaligned - E+
Partially aligned - C
Misaligned - D
Misaligned - D
Misaligned - D-
Misaligned - D
Misaligned - D-
Misaligned - D-
Misaligned - E
Misaligned - D-
Aligned - B
Misaligned - D
Misaligned - D
Aligned - B
Aligned - B+
Misaligned - D
Misaligned - D-
Misaligned - D-
Not Applicable
Misaligned - D-
Aligned - B
Misaligned - D-
Misaligned - D
Misaligned - D
Misaligned - E-
Misaligned - D
Misaligned - D-
Misaligned - D
Misaligned - D-
Misaligned - D
Misaligned - D-
Misaligned - D-
Misaligned - E
Misaligned - D
Misaligned - D
Misaligned - D
Misaligned - D
Misaligned - D-
Misaligned - E+
Misaligned - D
Aligned - B+
Misaligned - D
Misaligned - D
Misaligned - D
Aligned - B
Misaligned - D
Misaligned - E
Misaligned - E+
Misaligned - D-
Sub-indicator 1.1: Direct Climate Policy Engagement (Organisation Score)
October 2023
Partially aligned - 73%
Misaligned - 49%
Misaligned - 46%
Misaligned - 48%
Misaligned - 49%
Misaligned - 48%
Misaligned - 32%
Misaligned - 49%
Misaligned - 49%

Misaligned - 43%
Not Applicable
Misaligned - 40%
Misaligned - 47%
Misaligned - 43%
Misaligned - 30%
Misaligned - 43%
Not Applicable
Aligned - 79%
Misaligned - 47%
Aligned - 77%
Aligned - 81%
Misaligned - 48%
Misaligned - 42%
Misaligned - 44%
Not Applicable
Misaligned - 43%
Not Applicable
Aligned - 84%
Misaligned - 41%
Misaligned - 26%
Not Applicable
Aligned - 81%
Misaligned - 36%
Misaligned - 49%
Misaligned - 36%
Misaligned - 48%

Misaligned - 46%
Misaligned - 37%
Misaligned - 35%
Misaligned - 49%

Misaligned - 45%
Misaligned - 48%
Misaligned - 47%
Aligned - 75%
Misaligned - 45%
Misaligned - 38%
Misaligned - 41%
Aligned - 82%
Misaligned - 48%
Misaligned - 46%
Misaligned - 46%
Aligned - 79%
Aligned - 83%
Misaligned - 24%
Aligned - 79%
Misaligned - 39%
Misaligned - 39%
ment (Organisation Score) Sub-indicator 1.2: Indirect Climate Policy Engagement via Indust
Sub-indicator 1.1 Progress October 2023

No change in score Partially aligned - 57%
No change in score Misaligned - 49%
No change in score Not Applicable
No comparable assessments Partially aligned - 50%
Decline in score Partially aligned - 53%
Improvement in score Misaligned - 43%
Decline in score Misaligned - 45%
Improvement in score Partially aligned - 56%
No change in score
Not Applicable
No comparable assessments Misaligned - 37%
No change in score Aligned - 77%
No comparable assessments Not Applicable
Improvement in score Misaligned - 47%
No change in score
Decline in score Aligned - 82%
No change in score
No change in score
Misaligned - 43%
No change in score
Indicator 2: Accuracy of Climate Policy
Engagement Disclosure
Engagement via Industry Associations (Relationship ScorIndicator 2 overall assessment: Aggregate
assessment
Sub-indicator 1.2 Progress October 2023

Decline in score No, does not meet criteria
Decline in score Partial, meets some criteria
No change in score No, does not meet criteria
No comparable assessments No, does not meet criteria
No comparable assessments
No, does not meet criteria

Decline in score No, does not meet criteria
No comparable assessments Partial, meets some criteria
Improvement in score No, does not meet criteria
No change in score
Partial, meets some criteria

No change in score

No change in score

No change in score

Sub-indicator 2.1: Accuracy of Direct Climate Policy
Engagement Disclosure
October 2023
Yes, meets criteria
Yes, meets criteria
Yes, meets criteria
Yes, meets criteria
Yes, meets criteria
Yes, meets criteria

Yes, meets criteria
Yes, meets criteria
Yes, meets criteria
Yes, meets criteria
Yes, meets criteria
Yes, meets criteria
Yes, meets criteria
Yes, meets criteria
Yes, meets criteria
Yes, meets criteria
Not Applicable
Yes, meets criteria

Yes, meets criteria
Yes, meets criteria


Yes, meets criteria
Yes, meets criteria

Yes, meets criteria
Yes, meets criteria
Yes, meets criteria
Indicator 3: Corporate Climate Policy
Engagement Review
Sub-indicator 2.2: Accuracy of Indirect Climate Policy Indicator 3 overall assessment: Review
Engagement Disclosure score
October 2023 October 2023

No, does not meet criteria No, does not meet criteria - 21%
No, does not meet criteria No review published
Partial, meets some criteria No, does not meet criteria - 7%
Partial, meets some criteria Partial, meets some criteria - 29%
Yes, meets criteria Partial, meets some criteria - 43%

No, does not meet criteria Partial, meets some criteria - 29%
Partial, meets some criteria No review published
Yes, meets criteria Partial, meets some criteria - 43%


Notes
ANTAM is headquartered in Indonesia where InfluenceMap’s LobbyMap platform can currently only make a provisional as
Bumi Resources is headquartered in Indonesia where InfluenceMap’s LobbyMap platform can currently only make a provis
Cemex is headquartered in Mexico where InfluenceMap’s LobbyMap platform can currently only make a provisional asses
CEZ is a listed company with more than 50% of its shares owned by the state. State-owned enterprises may utilise climate
China Shenhua is a listed company with more than 50% of its shares owned by the state. State-owned enterprises may util
China Steel is headquartered in Taiwan where InfluenceMap’s LobbyMap platform can currently only make a provisional a
CNOOC is a listed company with more than 50% of its shares owned by the state. State-owned enterprises may utilise clim
Coal India is headquartered in India where InfluenceMap’s LobbyMap platform can currently only make a provisional asses
Dangote Cement is headquartered in Nigeria where InfluenceMap’s LobbyMap platform can currently only make a provisio
Ecopetrol is headquartered in Colombia where InfluenceMap’s LobbyMap platform can currently only make a provisional a
EDF is a listed company with more than 50% of its shares owned by the state. State-owned enterprises may utilise climate
Equinor is a listed company with more than 50% of its shares owned by the state. State-owned enterprises may utilise clim
Eskom is a listed company with more than 50% of its shares owned by the state. State-owned enterprises may utilise clima
Formosa Petrochemical is headquartered in Taiwan where InfluenceMap’s LobbyMap platform can currently only make a p
Fortum is a listed company with more than 50% of its shares owned by the state. State-owned enterprises may utilise clim
Grupo Argos is headquartered in Colombia where InfluenceMap’s LobbyMap platform can currently only make a provision
Grupo México is headquartered in Mexico where InfluenceMap’s LobbyMap platform can currently only make a provisiona
Hon Hai is headquartered in Taiwan where InfluenceMap’s LobbyMap platform can currently only make a provisional asse
KEPCO is a listed company with more than 50% of its shares owned by the state. State-owned enterprises may utilise clima
NTPC is headquartered in India where InfluenceMap’s LobbyMap platform can currently only make a provisional assessme
ONGC is headquartered in India where InfluenceMap’s LobbyMap platform can currently only make a provisional assessme
Petrobras is headquartered in Brazil where InfluenceMap’s LobbyMap platform can currently only make a provisional asse
PetroChina is a listed company with more than 50% of its shares owned by the state. State-owned enterprises may utilise
PGE is a listed company with more than 50% of its shares owned by the state. State-owned enterprises may utilise climate
Power Assets is headquartered in Hong Kong where InfluenceMap’s LobbyMap platform can currently only make a provisio
PTT is headquartered in Thailand where InfluenceMap’s LobbyMap platform can currently only make a provisional assessm
Reliance Industries is headquartered in India where InfluenceMap’s LobbyMap platform can currently only make a provisio
Saic Motor is a listed company with more than 50% of its shares owned by the state. State-owned enterprises may utilise c
Saudi Aramco is headquartered in Saudi Arabia where InfluenceMap’s LobbyMap platform can currently only make a provi
Sinopec is a listed company with more than 50% of its shares owned by the state. State-owned enterprises may utilise clim
Suzano is headquartered in Brazil where InfluenceMap’s LobbyMap platform can currently only make a provisional assessm
UltraTech Cement is headquartered in India where InfluenceMap’s LobbyMap platform can currently only make a provisio
United Tractors is headquartered in Indonesia where InfluenceMap’s LobbyMap platform can currently only make a provis
Vale is headquartered in Brazil where InfluenceMap’s LobbyMap platform can currently only make a provisional assessmen
ntly only make a provisional assessment of corporate climate policy engagement activities. Also, Antam is a listed company with more
an currently only make a provisional assessment of corporate climate policy engagement activities. For more information, see Bumi Re
y only make a provisional assessment of corporate climate policy engagement activities. For more information, see Cemex's full LobbyM
enterprises may utilise climate policy engagement channels that are not available to fully investor-owned entities. These engagement
ate-owned enterprises may utilise climate policy engagement channels that are not available to fully investor-owned entities. These en
ently only make a provisional assessment of corporate climate policy engagement activities. For more information, see China Steel Cor
ned enterprises may utilise climate policy engagement channels that are not available to fully investor-owned entities. These engagem
y only make a provisional assessment of corporate climate policy engagement activities. Also, Coal India is a listed company with more
n currently only make a provisional assessment of corporate climate policy engagement activities. For more information, see Dangote C
ently only make a provisional assessment of corporate climate policy engagement activities. Also, Ecopetrol SA is a listed company wit
ed enterprises may utilise climate policy engagement channels that are not available to fully investor-owned entities. These engageme
orm can currently only make a provisional assessment of corporate climate policy engagement activities. For more information, see Fo
urrently only make a provisional assessment of corporate climate policy engagement activities. For more information, see Grupo Argo
urrently only make a provisional assessment of corporate climate policy engagement activities. For more information, see Grupo Mexi
y only make a provisional assessment of corporate climate policy engagement activities. For more information, see Hon Hai Precision
y make a provisional assessment of corporate climate policy engagement activities. Also, NTPC Ltd is a listed company with more than
nly make a provisional assessment of corporate climate policy engagement activities. Also, Oil & Natural Gas Corp is a listed company w
ly only make a provisional assessment of corporate climate policy engagement activities. Also, Petrobras is a listed company with more
owned enterprises may utilise climate policy engagement channels that are not available to fully investor-owned entities. These engag
n currently only make a provisional assessment of corporate climate policy engagement activities. For more information, see Power As
only make a provisional assessment of corporate climate policy engagement activities. Also, PTT is a listed company with more than 50
n currently only make a provisional assessment of corporate climate policy engagement activities. For more information, see Reliance I
owned enterprises may utilise climate policy engagement channels that are not available to fully investor-owned entities. These engag
can currently only make a provisional assessment of corporate climate policy engagement activities. Also, Saudi Aramco is a listed com
only make a provisional assessment of corporate climate policy engagement activities. For more information, see Suzano SA's full Lobb
currently only make a provisional assessment of corporate climate policy engagement activities. For more information, see UltraTech
an currently only make a provisional assessment of corporate climate policy engagement activities. For more information, see United T
y make a provisional assessment of corporate climate policy engagement activities. For more information, see Vale's full LobbyMap pr
m is a listed company with more than 50% of its shares owned by the state. State-owned enterprises may utilise climate policy engagem
more information, see Bumi Resources' full LobbyMap profile.

mation, see Cemex's full LobbyMap profile.
ed entities. These engagement channels are not covered by the LobbyMap system. For more information, see CEZ's full LobbyMap pro
vestor-owned entities. These engagement channels are not covered by the LobbyMap system. For more information, see China Shenh
nformation, see China Steel Corp's full LobbyMap profile.
owned entities. These engagement channels are not covered by the LobbyMap system. For more information, see CNOOC's full LobbyM
a is a listed company with more than 50% of its shares owned by the state. State-owned enterprises may utilise climate policy engage
more information, see Dangote Cement's full LobbyMap profile.
petrol SA is a listed company with more than 50% of its shares owned by the state. State-owned enterprises may utilise climate policy e
ed entities. These engagement channels are not covered by the LobbyMap system. For more information, see EDF's full LobbyMap pro
owned entities. These engagement channels are not covered by the LobbyMap system. For more information, see Equinor's full Lobby
wned entities. These engagement channels are not covered by the LobbyMap system. For more information, see Eskom's full LobbyM
s. For more information, see Formosa Petrochemical's full LobbyMap profile.

owned entities. These engagement channels are not covered by the LobbyMap system. For more information, see Fortum's full LobbyM
ore information, see Grupo Argos SA's full LobbyMap profile.

re information, see Grupo Mexico's full LobbyMap profile.
rmation, see Hon Hai Precision Industry's full LobbyMap profile.
wned entities. These engagement channels are not covered by the LobbyMap system. For more information, see KEPCO's full LobbyM
listed company with more than 50% of its shares owned by the state. State-owned enterprises may utilise climate policy engagement
l Gas Corp is a listed company with more than 50% of its shares owned by the state. State-owned enterprises may utilise climate polic
as is a listed company with more than 50% of its shares owned by the state. State-owned enterprises may utilise climate policy engage
or-owned entities. These engagement channels are not covered by the LobbyMap system. For more information, see PetroChina Co L
ned entities. These engagement channels are not covered by the LobbyMap system. For more information, see PGE's full LobbyMap pr
more information, see Power Assets Holdings Ltd's full LobbyMap profile.
ed company with more than 50% of its shares owned by the state. State-owned enterprises may utilise climate policy engagement cha
more information, see Reliance Industries' full LobbyMap profile.
or-owned entities. These engagement channels are not covered by the LobbyMap system. For more information, see SAIC Motor Corp
so, Saudi Aramco is a listed company with more than 50% of its shares owned by the state. State-owned enterprises may utilise climate
owned entities. These engagement channels are not covered by the LobbyMap system. For more information, see Sinopec's full Lobby
ation, see Suzano SA's full LobbyMap profile.
ore information, see UltraTech Cement's full LobbyMap profile.
more information, see United Tractors' full LobbyMap profile.

on, see Vale's full LobbyMap profile.
ay utilise climate policy engagement channels that are not available to fully investor-owned entities. These engagement channels are n
on, see CEZ's full LobbyMap profile.
re information, see China Shenhua Energy's full LobbyMap profile.
mation, see CNOOC's full LobbyMap profile.

ay utilise climate policy engagement channels that are not available to fully investor-owned entities. These engagement channels are
rises may utilise climate policy engagement channels that are not available to fully investor-owned entities. These engagement chann
tion, see EDF's full LobbyMap profile.
mation, see Equinor's full LobbyMap profile.

mation, see Eskom's full LobbyMap profile.
mation, see Fortum's full LobbyMap profile.
mation, see KEPCO's full LobbyMap profile.

tilise climate policy engagement channels that are not available to fully investor-owned entities. These engagement channels are not co
rprises may utilise climate policy engagement channels that are not available to fully investor-owned entities. These engagement chan
may utilise climate policy engagement channels that are not available to fully investor-owned entities. These engagement channels are
formation, see PetroChina Co Ltd's full LobbyMap profile.
tion, see PGE's full LobbyMap profile.
climate policy engagement channels that are not available to fully investor-owned entities. These engagement channels are not cove
formation, see SAIC Motor Corp's full LobbyMap profile.
d enterprises may utilise climate policy engagement channels that are not available to fully investor-owned entities. These engagemen
mation, see Sinopec's full LobbyMap profile.

hese engagement channels are not covered by the LobbyMap system. For more information, see ANTAM's full LobbyMap profile.
hese engagement channels are not covered by the LobbyMap system. For more information, see Coal India's full LobbyMap profile.
tities. These engagement channels are not covered by the LobbyMap system. For more information, see Ecopetrol SA's full LobbyMap
engagement channels are not covered by the LobbyMap system. For more information, see NTPC Ltd's full LobbyMap profile.
ntities. These engagement channels are not covered by the LobbyMap system. For more information, see Oil & Natural Gas Corp's full
hese engagement channels are not covered by the LobbyMap system. For more information, see Petrobras' full LobbyMap profile.
agement channels are not covered by the LobbyMap system. For more information, see PTT's full LobbyMap profile.
wned entities. These engagement channels are not covered by the LobbyMap system. For more information, see Saudi Aramco's full Lo
M's full LobbyMap profile.
ndia's full LobbyMap profile.
e Ecopetrol SA's full LobbyMap profile.

full LobbyMap profile.
see Oil & Natural Gas Corp's full LobbyMap profile.
obras' full LobbyMap profile.
yMap profile.
ation, see Saudi Aramco's full LobbyMap profile.

Oil and Gas Sector Specific Assessments: October 2023 Climate Action 100+ Net Zero Company Benchma
Learn more about Carbon Tracker's Oil and Gas sector specific assessments.
Company name ISIN HQ Location
BP plc GB0007980591 UK
Canadian Natural Resources Ltd. CA1363851017 Canada
Chevron Corp. US1667641005 U.S.
CNOOC Ltd. HK0883013259 China
ConocoPhillips US20825C1045 U.S.
Ecopetrol S.A. COC04PA00016 Colombia
ENEOS Holdings, Inc. JP3386450005 Japan
Eni S.p.A. IT0003132476 Italy
Equinor NO0010096985 Europe
Exxon Mobil Corp. US30231G1022 North America
Imperial Oil Ltd. CA4530384086 Canada
Occidental Petroleum Corp. US6745991058 U.S.
OMV AG AT0000743059 Austria
Oil and Natural Gas Corp. Ltd. INE213A01029 India
Origin Energy Ltd. AU000000ORG5 Australia
Petróleos Mexicanos XS0775808917 Mexico
Petróleo Brasileiro S.A. BRPETRACNPR6 Brazil
PetroChina Co. Ltd. CNE1000003W8 China
PTT Public Co. Ltd. TH0646010007 Thailand
Reliance Industries Ltd. INE002A01018 India
Repsol, S.A. ES0173516115 Europe
Santos Ltd. AU000000STO6 Australia
Sasol Ltd. ZAE000006896 South Africa
Saudi Arabian Oil Co. SA14TG012N13 Saudi Arabia
Shell plc GB00BP6MXD84 The Netherlands
China Petroleum & Chemical Corp.CNE1000002Q2 China
Suncor Energy Inc. CA8672241079 Canada
Teck Resources Ltd. CA8787422044 Canada
TotalEnergies SE FR0000120271 France
Woodside Energy Group Ltd AU000000WPL2 Australia
Oil and Gas sector specific Traffic Light Scoring Rules - Indicator 1
Green - Yes, meets criteria Text indicates that the company’s investment approach is not incompatible with the NZE (1
may also recieve a green assessment where No new recent investments have been identifie
Amber - Partial, meets some Text indicates that the company’s investment approach is not incompatible with the APS (1
criteria
Red - No, does not meet criteria Text indicates that the company’s investment approach is incompatible with both the NZE (
percentage of a company’s upstream CapEx on projects incompatible with APS scenario is in
Grey Not Assessed

Green - Yes, meets criteria Text shows that the company’s potential future investment (CapEx) in new upstream oil an
Amber - Partial, meets some Amber assessments are allocated where <50% of the company’s potential future investmen
criteria scenario. To support this assessment, the exact % of CapEx incompatible with APS is include
Red - No, does not meet criteria Red assessments are allocated where 50-100% of the company’s potential future investmen
APS (1.7°C) scenarios. To support this assessment, the exact % of CapEx incompatible with
Grey Not Assessed

Green - Yes, meets criteria Text indicates that the company’s future production from a business-as-usual investment a
Amber - Partial, meets some Text indicates that the company’s potential business-as-usual investment approach is not m
criteria
Red - No, does not meet criteria Text indicates that the production resulting from a company’s potential business-as-usual in
Grey Not Assessed

Green - Yes, meets criteria Text shows the company's price forecast curve shape [this is displayed in the square bracke
scenario. Supplementary text provides the maximum price forecasted by the company and
Amber - Partial, meets some Text shows the company's price forecast curve shape [this is displayed in the square bracke
criteria scenario. Supplementary text provides the maximum price forecasted by the company and
Red - No, does not meet criteria Text shows the company's price forecast curve shape [this is displayed in the square bracke
scenario and the NZE (1.5°C) scenario. Supplementary text provides the maximum price for
Grey Not Assessed
Expanding the Spreadsheet using (+) and (-) in top left
corner:
(1) Provides October 2023 score and Indicator level Data
progress, where relevant
(2) Adds supplementary information, where relevant This spreadsheet shows data as of October 2023 (v2
Please see the 'CA100+ Benchmark Framework' tab
for further information.
HQ Region Sector Secondary sector Indicator 1: Recent investments

(CapEx)
Oct-23
Europe Oil & Gas Not incompatible with APS (1.7°C)
North America Oil & Gas Not incompatible with APS (1.7°C)
North America Oil & Gas 7% of CapEx ($150 million) is incompati
Asia Oil & Gas 15% of CapEx ($1,400 million) is incomp
South America Oil & Gas 100% of CapEx ($80 million) is incompat
Asia Oil & Gas No new recent investments identified
Europe Oil & Gas 54% of CapEx ($3,800 million) is incomp
Norway Oil & Gas 1% of CapEx ($13 million) is incompatib
U.S. Oil & Gas Not incompatible with APS (1.7°C)
North America Oil & Gas No new recent investments identified
Europe Oil & Gas No new recent investments identified
Asia Oil & Gas 23% CapEx ($120 million) is incompatibl
Australasia Oil & Gas Electricity Utilities No new recent investments identified
South America Oil & Gas Not incompatible with APS (1.7°C)
Asia Oil & Gas Not incompatible with APS (1.7°C)
Asia Oil & Gas No new recent investments identified
Spain Oil & Gas Not incompatible with APS (1.7°C)
Australasia Oil & Gas Not incompatible with APS (1.7°C)
Africa Oil & Gas No new recent investments identified
Middle East Oil & Gas Not incompatible with APS (1.7°C)
Europe Oil & Gas 28% CapEx ($1,900 million) is incompati
North America Diversified Mini Not Assessed
Europe Oil & Gas 42% CapEx ($2,800 million) is incompati
Australasia Oil & Gas No new recent investments identified
ot incompatible with the NZE (1.5°C) scenario, as only projects with a breakeven price lower than the NZE threshold price were sanctioned
investments have been identified.
ot incompatible with the APS (1.7°C) scenario, as only projects with a breakeven price lower than the APS threshold price were sanctioned
ncompatible with both the NZE (1.5°C) and the APS (1.7°C) scenario, as projects with a breakeven price higher than the APS were sanction
ompatible with APS scenario is included within the ‘no’ score.
(CapEx) in new upstream oil and gas projects is not incompatible with the NZE (1.5°C) scenario.
any’s potential future investment (CapEx) in new upstream oil and gas projects is not incompatible with the APS (1.7°C)
incompatible with APS is included within the description of the assessment.
any’s potential future investment (CapEx) in new upstream oil and gas projects is incompatible with both NZE (1.5°C) and
t % of CapEx incompatible with APS is included within the description of the assessment.
business-as-usual investment approach does not exceed that from projects assessed not to be incompatible with the NZE.
al investment approach is not more than 50% more than that from NZE-compatible projects.
y’s potential business-as-usual investment is more than 50% higher than that from NZE-compatible projects.
s displayed in the square brackets] and identifies that it is not incompatible with the forecast predicted in the NZE (1.5°C)
forecasted by the company and the date upon which this forecast was made.
s displayed in the square brackets] and identifies that it is not incompatible with the forecast predicted in the APS (1.7°C)
forecasted by the company and the date upon which this forecast was made.
s displayed in the square brackets] and identifies that it is incompatible with both the forecast predicted in the APS (1.7°C)
provides the maximum price forecasted by the company and the date upon which this forecast was made.
a as of October 2023 (v2) Benchmark iteration. For October 2023 the underlying data is as of 30th June 2023.
Supplementary information: CapEx Supplementary information: CapEx

committed to recent projects assessed to be committed to recent projects assessed to be
5% CapEx ($60with
incompatible million)
NZE (1.5°C) incompatible with APS (1.7°C)
100% CapEx ($570 million)
73% CapEx ($1,600 million) 7% CapEx ($150 million)
55% CapEx ($5,000 million) 15% CapEx ($1,400 million)
100% CapEx ($1,500 million)
100% CapEx ($80 million) 100% CapEx ($80 million)

99% CapEx ($1,500 million) 1% CapEx ($13 million)
26% CapEx ($130 million) 23% CapEx ($120 million)



old price were sanctioned in the past year. Companies
old price were sanctioned in the past year.
n the APS were sanctioned in the past year. The

30th June 2023.
Indicator 2: Future investments Indicator 3: Future production sensitivity

(CapEx)
Oct-23 Oct-23 Supple Suppleme
menta ntary
57% incompatible with APS (1.7°C) Exceeds NZE (1.5°C) not incompatible production
29%
ry production
21%
by 0-50%
production
decline decline
informatio from 2022
from 2022
inform n: Producti
3% production
-10%
by 0-50%
production
decline from
decline
2022from 2022
40% incompatible with APS (1.7°C) Exceeds NZE (1.5°C) not incompatible p 30% production
-1% production
declinedecline
from 2022
from 2022
33% production
decline decline
from 2022
from 2022
31% production
decline decline
from 2022
from 2022
71% production
67%
by 0-50%
production
decline decline
from 2022
from 2022
Not Assessed Not incompatible with NZE (1.5°C) 9% production
9% production
decline decline
from 2022
from 2022
24% production
18%
by 0-50%
production
decline decline
from 2022
from 2022
30% production
decline decline
from 2022
from 2022
-8% production
declinedecline
from 2022
from 2022
-2% production
-2%
by production
0-50%
decline decline
from 2022
from 2022
36% production
decline decline
from 2022
from 2022
51% production
46%
by 0-50%
production
decline decline
from 2022
from 2022
46% production
44%
by 0-50%
production
decline decline
from 2022
from 2022
4% production
decline decline
from 2022
from 2022
57% production
decline decline
from 2022
from 2022
-13% production
decline from
decline
2022from 2022
16% production
11%
by 0-50%
production
decline decline
from 2022
from 2022
72% production
71%
by 0-50%
production
decline decline
from 2022
from 2022
53% production
52%
by 0-50%
production
decline decline
from 2022
from 2022
35% production
27%
by 0-50%
production
decline decline
from 2022
from 2022
-41% production
-51%
by 0-50%
production
decline decline
from 2022
from 2022
41% production
decline decline
from 2022
from 2022
7% production
6%byproduction
0-50%
decline decline
from 2022
from 2022
4% production
-6%
by production
0-50%
decline from
decline
2022
from 2022
26% production
22%
by 0-50%
production
decline decline
from 2022
from 2022
18% production
10%
by 0-50%
production
decline decline
from 2022
from 2022
Not Assessed Not Assessed
5% production
-10%
by 0-50%
production
decline from
decline
2022from 2022
-12% production
-18%
by 0-50%
production
decline decline
from 2022
from 2022
Indicator 4: Commodity (Oil) Prices
Oct-23 Supplementary information: Maximum price

in the company’s commodity price forecast
Not incompatible with APS (1.7°C) [Decused
$83.16 (2023)
in impairment testing and the year is
was reached.
Oil price forecast is not disclosed Not Disclosed
Oil price forecast is not disclosed $93.68 (not specified)
Incompatible with APS (1.7°C) [Flat] $94.63 (2023)
Not incompatible with APS (1.7°C) [Dec $78.84 (2023)
Not incompatible with APS (1.7°C) [Dec $75 (2025)
Incompatible with APS (1.7°C) [Decreas $85 (2023)
Incompatible with APS (1.7°C) [Flat] $85 (2023)
Not incompatible with APS (1.7°C) [Flat$69 (2023)
Notes:
Tech Resources Ltd. is classified as an Oil and Gas company by CTI but classified as a Diversified Mining company by TPI.
Mining company by TPI.
Electric Utility Sector Specific Assessments: October 2023 Climate Action 100+ Net Zero Company Benchmark
Carbon Tracker Initiative and Rocky Mountain Institute both provide sector spec
scenarios.
Expanding the Spreadsheet using (+) and (-) in top left corner:
(1) Provides October 2023 score and Indicator level progress, where relevant
(2) Adds Sub-Indicator level scoring and progress indication to the above, where re
Please see the 'CA100+ Benchmark Framework' tab for further information.
Learn more about CTI's electric utility assessments.

Learn more about RMI's electric utility assessments.
Company Name ISIN HQ Location
The AES Corp. US00130H1059 U.S.
AGL Energy Ltd. AU000000AGL7 Australia

American Electric Power Co., Inc. US0255371017 U.S.
Berkshire Hathaway Inc. US0846701086 U.S.

Centrica plc GB00B033F229 UK
CEZ, a.s. CZ0005112300 Czech Republic
Dominion Energy, Inc. US25746U1097 U.S.
Duke Energy Corp. US26441C2044 U.S.
E.ON SE DE000ENAG999 Germany
Electricité de France S.A. FR0010242511 France
Enel SpA IT0003128367 Italy
Engie S.A. FR0010208488 France
Eskom Holdings SOC Ltd. ZAG000066697 South Africa
FirstEnergy Corp. US3379321074 U.S.
Fortum Oyj FI0009007132 Finland

Iberdrola, S.A. ES0144580Y14 Spain
Korea Electric Power Corp. KR7015760002 South Korea
National Grid plc GB00BDR05C01 UK
NextEra Energy, Inc. US65339F1012 U.S.
NRG Energy, Inc. US6293775085 U.S.
NTPC Ltd. INE733E01010 India
PGE Polska Grupa Energetyczna S.A. PLPGER000010 Poland
Power Assets Holdings Ltd. HK0006000050 Hong Kong

PPL Corp. US69351T1060 U.S.
RWE AG DE0007037129 Germany
The Southern Co. US8425871071 U.S.
SSE plc GB0007908733 UK
Vistra Corp. US92840M1027 U.S.
WEC Energy Group, Inc. US92939U1060 U.S.
Xcel Energy Inc. US98389B1008 U.S.
Origin Energy Ltd. AU000000ORG5 Australia
CTI Electric Utilities Sector Specific Assessment Traffic Light Scoring Rules
Indicators 1 and 2
Green - Yes, meets criteria Text states that there has been a full retirement o
Amber - Partial, meets some Text states that a full retirement of the coal or ga
criteria
Red - No, does not meet Text states that there has only been partial retire
criteria
Grey Not applicable / Insufficient data
Indicators 3 and 4
Green - Yes, meets criteria Text states that planned coal or gas capacity is 10
Amber - Partial, meets some Text states that planned coal or gas capacity is 75
criteria
Red - No, does not meet Text states that planned coal or gas capacity is on
criteria
Grey Not applicable / Insufficient data
ompany Benchmark
titute both provide sector specific assessments for measuring Electric Utilities companies alignment with Paris-aligned
p left corner:
el progress, where relevant
ndication to the above, where relevant
ab for further information.
Carbon Tracker Initiative (CTI) Data
Indicator 1: Unabated Coal Phase-out

Alignment With a 1.5°C Pathway
HQ Region October 2023
North America Full Retirement - Consistent with NZE (1.5°C)
Australasia Full Retirement not consistent with NZE

North America (1.5°C)
Partial retirement
North America Partial retirement

Europe Full Retirement - Consistent with NZE (1.5°C)
Europe Full Retirement not consistent with NZE
North America (1.5°C)
Partial retirement
Europe Partial retirement

(1.5°C)
Africa Partial retirement
North America Full Retirement not consistent with NZE

(1.5°C)

(1.5°C)
Asia Partial retirement

(1.5°C)
Asia Unannounced / Insufficient data
Europe Partial retirement
Asia Partial retirement


(1.5°C)

(1.5°C)
Australasia Full Retirement not consistent with NZE

(1.5°C)
affic Light Scoring Rules
here has been a full retirement of the coal or gas fired generation fleet, consistent with CTI’s interpretation of the IEA's Net Zero Emiss
full retirement of the coal or gas fired generation fleet has been announced, but it is not consistent with CTI’s interpretation of the IEA
here has only been partial retirement of coal or gas fired generation fleet OR that there is unannounced/ insufficient data on retireme
nsufficient data
lanned coal or gas capacity is 100% aligned with the Paris Agreement goal of limiting global warming to 1.5°C.
lanned coal or gas capacity is 75-99% aligned with the Paris Agreement goal of limiting global warming to 1.5°C.
lanned coal or gas capacity is only 0-75% aligned with the Paris Agreement goal of limiting global warming to 1.5°C.
nsufficient data
ric Utilities companies alignment with Paris-aligned
Indicator 2: Unabated Gas Phase-out Indicator 3: Coal Capacity Alignment With a

Alignment With a 1.5°C Pathway 1.5°C Pathway
Partial retirement 100% NZE (1.5°C) Consistent
Partial retirement 0-75% NZE (1.5°C) Consistent


Unannounced / Insufficient data 100% NZE (1.5°C) Consistent
Unannounced / Insufficient data 0-75% NZE (1.5°C) Consistent
Not applicable / Insufficient data 0-75% NZE (1.5°C) Consistent
Full Retirement - Consistent with NZE (1.5°C) 0-75% NZE (1.5°C) Consistent


Full Retirement not consistent with NZE (1.5°C) 0-75% NZE (1.5°C) Consistent
et, consistent with CTI’s interpretation of the IEA's Net Zero Emissions by 2050 Scenario (NZE - 1.5°C)
nounced, but it is not consistent with CTI’s interpretation of the IEA NZE (1.5°C)
fleet OR that there is unannounced/ insufficient data on retirements
nt goal of limiting global warming to 1.5°C.

ent goal of limiting global warming to 1.5°C.
ement goal of limiting global warming to 1.5°C.

Data
This spreadsheet shows data as of

October 2023 (v2) Benchmark
iteration. For October 2023 the data is
as of 31 June 2023.
Progress columns refer to recent
progress (i.e., March 2022 to October
2022), not overall progress (i.e.,
March 2021 to October 2022).
Rocky Mountain Institute (formerly 2 Degrees Investing Initiative) Data

Indicator 4: Gas Capacity Alignment Indicator 1: Company-Level Planned Capacity Alignment With a 1.5°C Pathway (
With a 1.5°C Pathway
Indicator 1 overall assessment: 5-year capacity plan consistency with NZE at an
0-75% NZE (1.5°C) Consistent Misaligned with NZE (1.5°C)


Not applicable / Insufficient data Misaligned with NZE (1.5°C)
100% NZE (1.5°C) Consistent Misaligned with NZE (1.5°C)


0-75% NZE (1.5°C) Consistent Aligned with NZE (1.5°C)
RMI Electric Utilities Sector Specific Assessment Traffic Light Scoring Rules
Indicator 1 - Aggregate assessment
Grey
Indicator 1 and Sub-indicators 1.1 - 1.6

Grey
Indicator 2
There is no aggregate assessment for this Indicator

Sub-indicator 2.1
Grey
Sub-indicator 2.2 - Contingent on Sub-indicator 2.1 showing Amber or Green
Grey
Degrees Investing Initiative) Data
apacity Alignment With a 1.5°C Pathway (NZE)
capacity plan consistency with NZE at an aggregate level.Sub-indicator 1.1: Coal power planned
capacity alignment
Progress October 2023
No change in score Aligned with/Below NZE (<1.5°C)

No change in score Aligned with APS (1.5°C - 1.7°C)

No change in score Not Assessed

No change in score Aligned with /Above STEPS (>2.5°C)
No change in score Aligned with /Above STEPS (>2.5°C)

No comparable assessments Aligned with/Below NZE (<1.5°C)
sessment Traffic Light Scoring Rules
Text states that the company is aligned at an aggregate level with the IEA's Net Zero Emissions by 2050 Scenario (NZE - 1.5
aligned withthat
Text states thethe
IEA´s NZE at an
company aggregate level.
is misaligned at an aggregate level with NZE (1.5°C). This means that the company´s 5-year p
Not applicable OR Not Assessed
Text states that planned capacity is aligned with or below NZE (1.5°C)
Text states that planned capacity is aligned with the IEA's Announced Pledges Scenario (APS; 1.5°C -1.7°C)
Text states that planned capacity is above APS (>1.7°C) OR aligned with/above the IEA's Stated Policies Scenario (STEPS; >2
his Indicator
Text shows that there has been significant changes at an asset level that led to real high carbon capacity decrease OR real
Text shows that there has been significant, but only virtual changes at an asset level that lead to high carbon capacity decr
Text shows that there has been significant, real OR virtual changes at an asset level that have led to high carbon capacity i
Text shows if the company shows no significant change OR significant change for which there is insufficient data to determ
indicator 2.1 showing Amber or Green
Text shows that the high carbon electricity that was generated by an asset that has been sold or closed has seen sufficient
Text shows that the high carbon electricity that was generated by an asset that has been sold or closed has seen partial (25
Text shows that the high carbon electricity that was generated by an asset that has been sold or closed has seen insufficien
Not Assessed - If the company did not receive Green or Amber within their Sub-indicator 2.1 assessment, they will not be s
Sub-indicator 1.2: Natural gas power planned
capacity alignment
Progress October 2023 Progress
No change in score Aligned with APS (1.5°C - 1.7°C) Decline in score
No change in score Aligned with /Above STEPS (>2.5°C) Decline in score

No comparable assessments Above APS (>1.7°C) Decline in score

No comparable assessments Aligned with APS (1.5°C - 1.7°C) Decline in score
No comparable assessments Aligned with /Above STEPS (>2.5°C) Decline in score
No change in score Aligned with/Below NZE (<1.5°C) No change in score
Improvement in score Aligned with APS (1.5°C - 1.7°C) Decline in score
No change in score Aligned with /Above STEPS (>2.5°C) No change in score
No comparable assessments Aligned with /Above STEPS (>2.5°C) No change in score
Improvement in score Not Applicable No change in score
Improvement in score Above APS (>1.7°C) Decline in score

Decline in score Aligned with APS (1.5°C - 1.7°C) Decline in score
No comparable assessments Aligned with APS (1.5°C - 1.7°C) Decline in score
No change in score Aligned with APS (1.5°C - 1.7°C) No comparable assess
No comparable assessments Aligned with/Below NZE (<1.5°C) No change in score
No change in score Aligned with /Above STEPS (>2.5°C) Improvement in score
Decline in score Aligned with /Above STEPS (>2.5°C) No change in score
No comparable assessments Aligned with /Above STEPS (>2.5°C) No comparable assess

Decline in score Aligned with APS (1.5°C - 1.7°C) Decline in score
No change in score Aligned with/Below NZE (<1.5°C) No change in score
No comparable assessments Above APS (>1.7°C) Decline in score
No change in score Aligned with APS (1.5°C - 1.7°C) No comparable assess
Zero Emissions by 2050 Scenario (NZE - 1.5°C). This means that the company´s 5-year production plans are
). This means that the company´s 5-year production plans are not aligned with the IEA´s Net Zero Emissions by 2050 scenario at an agg
enario (APS; 1.5°C -1.7°C)

he IEA's Stated Policies Scenario (STEPS; >2.5°C).
eal high carbon capacity decrease OR real low carbon capacity increase, as well as the % closure OR % of buildout that this can be attr
evel that lead to high carbon capacity decrease OR low carbon capacity increase, as well as the % sale OR % acquisition that this can b
vel that have led to high carbon capacity increase OR low carbon capacity decrease, as well as the % buildout OR % closure OR % sale
r which there is insufficient data to determine if it is real or virtual.
has been sold or closed has seen sufficient (>100%) substitution with low-carbon electricity generation
has been sold or closed has seen partial (25% - 100%) with low-carbon electricity generation
has been sold or closed has seen insufficient (< 25%) low-carbon substitution with low-carbon electricity generation
ndicator 2.1 assessment, they will not be scored on this Sub-indicator
Sub-indicator 1.3: Oil power planned
capacity alignment
October 2023 Progress
Aligned with /Above STEPS (>2.5°C) No change in score


Not Applicable No comparable assessments
Aligned with/Below NZE (<1.5°C) Improvement in score

Aligned with/Below NZE (<1.5°C) No change in score

Aligned with /Above STEPS (>2.5°C) No comparable assessments
missions by 2050 scenario at an aggregate level.

% of buildout that this can be attributed to
le OR % acquisition that this can be attributed to
% buildout OR % closure OR % sale OR % acquisition that this can be attributed to
city generation
Sub-indicator 1.4: Nuclear power planned capacity alignment


Aligned with /Above STEPS (>2.5°C) Decline in score
Aligned with /Above STEPS (>2.5°C) No comparable assessments



Sub-indicator 1.5: Hydroelectric power
planned capacity alignment
Aligned with/Below NZE (<1.5°C) Improvement in score




Aligned with/Below NZE (<1.5°C) No comparable assessments

Sub-indicator 1.6: Renewables power planned capacity alignment




Aligned with APS (1.5°C - 1.7°C) No comparable asse
Aligned with /Above STEPS (>2.5°C) No comparable

assessments
[NEW FOR 2023] Indicator 2: Asset-level Decarbonization Of Electric Capacity & Generation
Indicator 2 overall assessment: No aggregate assessmentSub-indicator 2.1: No aggregate assessment
There is no aggregate assessment for this Indicator There is no aggregate assessment for this Indica
Metric 2.1.a: Coal power
Virtual high carbon capacity increase (100% No comparable assessments

Acquisition)
No Significant Change No comparable assessments

The company does not operate this technology No comparable assessments
Real high carbon capacity decrease (83% Closure) No comparable assessments
Virtual high carbon capacity decrease (100% Sale) No comparable assessments



Metric 2.1.b: Natural gas power



Acquisition)

Acquisition)

Significant change: >50% unknown change No comparable assessments


Acquisition)

Metric 2.1.c: Oil power


The company does not operate this technolo No comparable assessments


Acquisition)


Metric 2.1.d: Nuclear power


Virtual low carbon capacity decrease (100% Sale) No comparable assessments



Metric 2.1.e: Hydroelectric power
Real low carbon capacity decrease (100% No comparable assessments

Closure)

The company does not operate this technologNo comparable assessments
Virtual low carbon capacity decrease (100% No comparable assessments

Sale)
Virtual low carbon capacity decrease (100% No comparable assessments

Sale)
Virtual low carbon capacity increase (100% No comparable assessments
Acquisition)


Metric 2.1.f: Renewable Power
Virtual low carbon capacity increase (51% Acquisition) No comparable assessments


Real low carbon capacity increase (100% Buildout) No comparable assessments


Real low carbon capacity decrease (100% Closure) No comparable assessments

Sub-indicator 2.2: Low-carbon
electricity generation substitution.
October 2023 Supplementary information: Nature of
substitution
Not Assessed
Not Assessed
Not Assessed
Not Assessed
Not Assessed
Not Assessed
Not Assessed
Not Assessed
Not Assessed
Insufficient (< 25%) low-carbon The company has reduced its coal, gas and oil gene
substitution
Not Assessed
Not Assessed
Not Assessed
Not Assessed
Not Assessed
Not Assessed
Not Assessed
Not Assessed
Not Assessed
Insufficient (< 25%) low-carbon The company has reduced its coal and oil generati
substitution
Not Assessed
Not Assessed
Not Assessed
Not Assessed
Not Assessed
Not Assessed
Not Assessed
Not Assessed
Not Assessed
Not Assessed
Not Assessed
Notes
Progress
No comparable assessments Berkshire Hathaway Inc. has a different sector

classification in the disclosure framework (Other
No comparable assessments Centrica plc.ashas
Industrials) a different
compared sector
to the CTIclassification in the
and RMI Electric Utility
No comparable assessments disclosure
assessments.framework (Oil and Gas Distribution) as
compared to the CTI and RMI Electric Utility assessments.
No comparable assessments Origin Energy Ltd. has a different sector classification in the disclosure framework (Oil and G
sclosure framework (Oil and Gas Distribution) as compared to the CTI and RMI Electric Utility assessments.
Automotive Sector Specific Assessments: March 2023 Climate Action 100+ Net Zero Company Benchmark
Learn more about RMI's autos assessments.
Company name ISIN
Saic Motor CNE000000TY6

Renault FR0000131906
Volkswagen DE0007664039
BMW DE0005190003
Mercedes-Benz (formerly Daimler AG) DE0007100000
Honda Motor JP3854600008
Nissan JP3672400003
Suzuki Motor JP3397200001
Toyota JP3633400001
Stellantis (formerly Fiat/PSA Groupe) NL00150001Q9
Ford US3453708600
General Motors US37045V1008
ro Company Benchmark
Data
This spreadsheet shows data as of October 2023 (v2) Benchmark iteration. For Octobe
Progress columns refer to recent progress (i.e., March 2022 to October 2022), not ove
Indicator 1: Planned Capacity Alignment With a 1.5°C Pathway (NZE)

Indicator 1 Company-level assessment
HQ Location HQ Region October 2023
China Asia Misaligned with NZE (1.5°C)

France Europe Misaligned with NZE (1.5°C)
Germany Europe Misaligned with NZE (1.5°C)
Germany Europe Misaligned with NZE (1.5°C)
Germany Europe Aligned with NZE (1.5°C)
Japan Asia Misaligned with NZE (1.5°C)
Netherlands Europe Aligned with NZE (1.5°C)
U.S. North America Misaligned with NZE (1.5°C)
U.S. North America Misaligned with NZE (1.5°C)
2) Benchmark iteration. For October 2023 the data is as of 31 June 2023.
ch 2022 to October 2022), not overall progress (i.e., March 2021 to October 2022).
5°C Pathway (NZE)

Sub-indicator 1.1: Internal Combustion Engine
(including mild hybrid technology) vehicle production
plan alignment
Indicator 1 Progress
October 2023
No change in score Above APS (>1.7°C)
Improvement in score Aligned with APS (1.5°C - 1.7°C)
Improvement in score Aligned with APS (1.5°C - 1.7°C)
Automotives Sector Specific Assessment Traffic Light Scoring Rules

Indicator 1 - Aggregate assessment
Grey
Indicator 1 and Sub-indicators 1.1 - 1.6
Grey
Sub-indicator 1.2: Hybrid (plug-in technology) vehicle
production plan alignment
Progress October 2023

No comparable assessments Above APS (>1.7°C)
ffic Light Scoring Rules
Text states that the company is aligned at an aggregate level with the IEA's Net Zero Emissions by 2050 Scenario (NZE - 1.5
Text states that the company is misaligned at an aggregate level with the IEA's Net Zero Emissions by 2050 Scenario (NZE -
Text states that planned capacity is below NZE (1.5°C)

Text states that planned capacity is aligned with APS (1.5°C - 1.7°C)
Text states that planned capacity is above APS (>1.7°C)
Progress
No change in score
No change in score
Decline in score
Decline in score
No change in score
No change in score
No change in score
No change in score
No change in score
t Zero Emissions by 2050 Scenario (NZE - 1.5°C). This means that the company´s 5-year production plans are aligned with the IEA NZE
s Net Zero Emissions by 2050 Scenario (NZE - 1.5°C). This means that the company´s 5-year production plans are not aligned with the IE
Sub-indicator 1.3: Electric vehicle production plan alignment
October 2023
Above APS (>1.7°C)

Above APS (>1.7°C)
Aligned with APS (1.5°C - 1.7°C)
Aligned with/Below NZE (<1.5°C)
Above APS (>1.7°C)
Above APS (>1.7°C)
Above APS (>1.7°C)
Above APS (>1.7°C)
o (NZE - 1.5°C). This means that the company´s 5-year production plans are aligned with the IEA NZE at an aggregate level.
nario (NZE - 1.5°C). This means that the company´s 5-year production plans are not aligned with the IEA NZE at an aggregate level.
Notes
Progress
No change in score
No change in score
No change in score
No change in score
No change in score
No change in score
No change in score
No change in score
No change in score
No change in score
No change in score
he IEA NZE at an aggregate level.

d with the IEA NZE at an aggregate level.
Cement Sector Specific Assessments: October 2023 Climate Action 100+ Net Zero Company Benchmark
Data
This spreadsheet shows data as of October 2023 (v2) Bench
Progress columns refer to recent progress (i.e., March 2022
Learn more about RMI's cement assessments.
Company Name ISIN
Adbri Ltd. AU000000ABC7

Boral Ltd. AU000000BLD2
Anhui Conch Cement Co. Ltd. CNE1000001W2
Grupo Argos S.A. COT09PA00035
Heidelberg Materials AG DE0006047004
UltraTech Cement Ltd. INE481G01011
CRH plc IE0001827041
Cemex SAB de CV MXP225611567
Dangote Cement plc NGDANGCEM008
Holcim Ltd CH0012214059
Martin Marietta Materials, Inc. US5732841060
Cement Sector Specific Assessment Traffic Light Scoring Rules

Green - Yes, meets criteria Text states that the company is approaching NZE (1.5°C) (<5
Amber - Partial, meets some criteria Text states that the company is a moderate distance from N
Red - No, does not meet criteria Text states that the company is significantly distanced from
Grey Not Applicable OR Not Assessed
mpany Benchmark
data as of October 2023 (v2) Benchmark iteration. For October 2023 the data is as of 31 June 2023.
o recent progress (i.e., March 2022 to October 2022), not overall progress (i.e., March 2021 to October 2022).
HQ Location HQ Region
Australia Australasia
China Asia
Colombia South America
Germany Europe
India Asia
Ireland Europe
Mexico North America
Nigeria Africa
Switzerland Europe
U.S. North America
pany is approaching NZE (1.5°C) (<5% emissions reduction required)

pany is a moderate distance from NZE (1.5°C) (5-20% emissions reduction required)
pany is significantly distanced from NZE (1.5°C) (>20% emissions reduction required)
ssessed
the data is as of 31 June 2023.
gress (i.e., March 2021 to October 2022).
Indicator 1: Distance between the company’s current emissions intensity and the IEA 2030 Scenari
October 2023 Indicator 1 Progress
Significant distance NZE (1.5°C) No change in score

ction required)
uction required)
Supplementary data point: Q2 2023 emissions
intensity.
October 2023
0,72 ton of CO2 / ton of Cement
Notes
Steel Sector Specific Assessments: October 2023 Climate Action 100+ Net Zero Company Benchmark
Learn more about RMI's steel assessments.
Company Name ISIN
BlueScope Steel Ltd. AU000000BSL0
thyssenkrupp AG DE0007500001
Nippon Steel Corp. JP3381000003

ArcelorMittal S.A. LU1598757687
POSCO Holdings Inc. KR7005490008
SSAB AB SE0000171100
China Steel Corp. TW0002002003
Steel Sector Specific Assessment Traffic Light Scoring Rules

Green - Yes, meets criteria Text states that the company is approaching NZE (1.5°C) (<1
Amber - Partial, meets some criteria Text states that the company is a moderate distance from N
Red - No, does not meet criteria Text states that the company is significantly distanced from
Grey Not applicable OR Not Assessed
Company Benchmark
Data
This spreadsheet shows data as of October 2023 (v2)
iteration. For October 2023 the data is as of 31 June 2
Indicator 1: Distance between the

company’s current emissions
intensity and the IEA 2030
Scenario Targets
HQ Location HQ Region October 2023
Australia Australasia Approaching NZE (1.5°C)
Germany Europe Moderate distance NZE (1.5°C)
Japan Asia Moderate distance NZE (1.5°C)

Luxembourg Europe Moderate distance NZE (1.5°C)
South Korea Asia Moderate distance NZE (1.5°C)
Sweden Europe Approaching NZE (1.5°C)
Taiwan ROC Asia Moderate distance NZE (1.5°C)
he company is approaching NZE (1.5°C) (<15% emissions reduction required)

he company is a moderate distance from NZE (1.5°C) (15-36% emissions reduction required)
he company is significantly distanced from NZE (1.5°C) (>36% emissions reduction required)
R Not Assessed
s data as of October 2023 (v2) Benchmark
023 the data is as of 31 June 2023.
Supplementary data point:

Q2 2023 emissions intensity.
Indicator 1 Progress October 2023

No comparable assessments 1,52 t of CO2 / t of Steel

Notes
Airline Sector Specific Assessments: October 2023 Climate Action 100+ Net Zero Company Benchmark
Learn more about RMI's airline assessments.
Company Name
Qantas Airways Ltd.

Air France–KLM S.A.
American Airlines Group Inc.
Delta Air Lines, Inc.
United Airlines Holdings, Inc.
Airline Sector Specific Assessment Traffic Light Scoring Rules

Grey
23 Climate Action 100+ Net Zero Company Benchmark
Data
This spreadsheet shows data as of October 2023 (v2) Benchmark iteration.
For October 2023 the data is as of 31 June 2023.
ISIN
AU000000QAN2
FR0000031122
US02376R1023
US2473617023
US9100471096
t Scoring Rules
Text states that the company is approaching the IEA's Beyond 2 Degrees Scenario (B2DS; <15% emissions reduction requi
Text states that the company is a moderate distance from B2DS (<2.0°C) (15-30% emissions reduction required)
Text states that the company is significantly distanced from B2DS (<2.0°C) (>30% emissions reduction required)
Not Applicable OR Not Assessed
HQ Location HQ Region
France Europe
U.S. North America
U.S. North America
U.S. North America
Degrees Scenario (B2DS; <15% emissions reduction required)

(<2.0°C) (15-30% emissions reduction required)
DS (<2.0°C) (>30% emissions reduction required)
Indicator 1: Distance between the company’s current emissions intensity and the IEA 2030 Scenario T
October 2023 Indicator 1 Progress
Significant distance to B2DS (<2.0°C) No change in score

intensity.
October 2023
106 g of CO2 / pkm
102 g of CO2 / pkm
115 g of CO2 / pkm
112 g of CO2 / pkm
104 g of CO2 / pkm
Notes
intensity.
October 2023
131 g of CO2 / pkm
135 g of CO2 / pkm
139 g of CO2 / pkm
136 g of CO2 / pkm
135 g of CO2 / pkm
Climate Action 100+ Disclaimer & N
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ditions
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sments by Climate Action 100+ research partner Transition Pathway Initiative Global Climate Transition Centre (TPI Centre), in collabor
d proxy-voting, to analyse your portfolios and publish the outcomes to demonstrate to your stakeholders your delivery of climate policy o
data made available, the data and information on the website is not intended to constitute or form the basis of any advice (investment, p
r information. Furthermore, we do not impose any obligations on supporting organisations to use the data provided in any particular way
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s covered by InfluenceMap’s data usage terms available at https://influencemap.org/terms.

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COMPANY REVIEW & REDRESS PROCESSES
TRANSITION PATHWAY INITIATIVE - DISCLOSURE FRAMEWORK
Transition Pathway Initiative (TPI) processes the company data provided by FTSE Russell according to the methodology set ou
Performance assessment (benchmark sub-indicators 2.3, 3.3 and 4.3) from beginning to end. Both of these assessments are th
follows:
• Initial data collection and review. An analyst collects Carbon Performance data from company disclosures and conducts
complete and consistent with those collected by FTSE Russell, where the data overlap. Any inconsistencies are discussed with
• Initial findings review. The preliminary assessment is reviewed by TPI analysts who were not originally involved in maki
• Company review. Once the initial findings review is complete, TPI writes to companies with their assessment and reques
accuracy of the company disclosures being used. The company review is done for all companies, including those who provide u
• Final assessment. Company assessments are reviewed and, if it is considered appropriate, revised.
Further details of the procedures for incorporating company feedback are outlined below.
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seeks to challenge its result/representation, our process is as follows:
• TPI reviews the information provided by the company (involving FTSE Russell where appropriate). At this point, additional
• If it is concluded that the company’s challenge has merit, the assessment is updated.
• If it is concluded that there are insufficient grounds to change the assessment, TPI publishes its original assessment.
• If the company requests an explanation regarding its feedback after the publication of its assessment, TPI explains the de
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disclosure on the company’s profile on the TPI website.
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Zero Company Benchmark website and the company is identified as having challenged its assessment.
INFLUENCEMAP - ALIGNMENT ASSESSMENTS
InfluenceMap's LobbyMap platform continually updates its climate policy engagement analysis of the companies and industry a
points reviewed and assessed each week. Fully up-to-date metrics for each company can be found at this landing page:
https://lobbymap.org/filter/List-of-Companies-and-Influencers#3.
InfluenceMap welcomes the opportunity to engage with the companies and industry associations covered, and other stakeholde
explain our system and would appreciate any comments, clarifications, gaps, and/or potential misrepresentations. Detailed feed
within our profiles may be provided by clicking on the "Comment" boxes at the upper right of each scoring cell, accessible via th
Alternatively, please email joe.brooks@influencemap.org to arrange a call.
ROCKY MOUNTAIN INSTITUTE (FORMERLY 2 DEGREES INVESTING INITIATIVE) - ALIGNMENT ASSESSMENTS

For questions or concerns relating to the Rocky Mountain Institute (RMI) Alignment Assessments in the Climate Action 100+ Ne
ca100@rmi.org
CARBON TRACKER INITIATIVE - ALIGNMENT ASSESSMENTS
For questions or concerns relating to the Carbon Tracker Initiative (CTI) Alignment Assessments (including those related to the
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process/.
Change tracking
New version Date of update

v1.1 7th Nov 2023
v1.2 1st Dec 2023

v1.3 18th Dec 2023
v1.4 19th Jan 2023
Changes to CTI Climate Accounting and Audit Assessments (v1.2) 1st Dec 2023
Company name Indicator/Sub-indicator/ Metric
BMW Overall assessment
BMW Sub-indicator 1
Canadian Natural Resources Ltd. Metric 3b
E.ON SE Overall assessment
E.ON SE Sub-indicator 1
E.ON SE Metric 1a
E.ON SE Metric 1c
Eni Metric 2b
Eni Metric 2b
Glencore plc Sub-indicator 1
OMV Sub-indicator 1
OMV Sub-indicator 3
Rolls Royce Overall assessment
Santos Metric 2b
Unilever Overall assessment
Unilever Metric 1a
Woodside Overall assessment
Woodside Sub-indicator 1
Volvo Overall assessment
Volvo Overall assessment
Volvo Sub-indicator 1
Volvo Sub-indicator 1
Volvo Metric 1a
Volvo Metric 1a
Volvo Mertic 1c
Volvo Metric 1c
Person making the change
Kerri-Anne
Kerri-Anne
Kerri-Anne
Kerri-Anne
"Previous Assessment (Oct 23) OR Progress (Change in score) (what is in spr

Partial
No change in score
No
No change in score
No
No change in score
No
No change in score
No
No change in score
Change made
Added assessments for the CTI Climate Accounting and Audit Indicator: AGL Energy Ltd.
BlueScope Steel Ltd.
Boral Ltd.
Origin Energy Ltd.
The Procter & Gamble Co.
Qantas Airways Ltd.
Sasol Ltd.
South32 Ltd.
Error corrections to various Climate Accounting and Audit Assessments (see below)
Error correction of Power Asset Holdings score 8.1.a from No to Yes.
Added assessments for the CTI Climate Accounting and Audit Indicator: BHP Group Ltd (Aus); BHP Group plc
(UK)
Incitec Pivot Ltd.
NRG Energy
Orica Ltd.
Siemens Energy AG
thyssenkrupp AG
"New Assessment (Oct/ Nov 23) OR Progress (Change in score) (what the spreadsheet should say)"
No change in score
Yes
No change in score
Partial
Partial
Partial
Partial
Reason for change
Progress change
Progress change
Progress change
Progress change
Progress change
Progress change
Progress change
Score change
Progress change
Progress change
Progress change
Progress change
Progress change
Progress change
Progress change
Progress change
Progress change
Progress change
Score change
Progress change
Score change
Progress change
Score change
Progress change
Score change
Progress change

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Welcome!

Please see the Climate Action 100+ website climateaction10

Disclosure Framework Assessments

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Navigation is also available by right-clicking on the < > arrows in the

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et Zero Company Benchmark. Please follow the links below

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holding, disposing and/or voting of securities.

letely independently to set their own strategies, policies and

consent. Any decision by signatories to take action with respect

hey also do not seek directly or indirectly, either on their own or

nd its investor networks do not necessarily endorse or validate

interpreted in a manner consistent with the foregoing.

Data from previou

Disclosure Framework (Assessed by TPI Centre & FTSE Russell)

1. Net-zero GHG Emissions By 2050 (Or Sooner) Ambition

2. Long-term (2036-2050) GHG Reduction Target(s)

3. Medium-term (2027-2035) GHG Reduction Target(s)

7. Climate Policy Engagement

10. TCFD Disclosure

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Indicator: Specific area the company is being assessed on (e.g

Sub-indicator: Component of an indicator that divides it into

Metric: The unit or standard of measurement. Highest resolu

Amber - Partial, meets some criteria

Red - No, does not meet criteria

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Please see bottom of individual assessment tabs for scoring guidan

150 companies have been assessed against the Benchma

Mercedes-Benz Group AG (former Daimler AG)

Siemens Energy AG (former Siemens AG)

Constellation Energy Corp. and Exelon Corp.

Woodside Energy Group Ltd.

To view further information on specific Indicators, Sub-indicators, and Met

Disclosure Framework Historical Assessments

Alignment Assessments Historical Assessments

1. Benchmark Framework Overview

Climate Policy Engagement Alignment - (Assessed by InfluenceMap)

For more information please see our framework and methodologies

2. Assessment structure and scoring guidelines

(e.g. Indicator 8 evaluates companies on climate governance).

nto specific areas of interest (e.g. Sub-indicator 8.2 evaluates execu

solution assessment that separates Sub-indicators into components

3. Focus List Changes

Investor signatories have paused active engagement with Russian compani

These companies have a different sector classification in the Alignment Ass

4. Using the spreadsheet

orner of the spreadsheet (above the column identifier).

Company name ISIN HQ Location HQ Region

A.P. Moller (Maersk) DK0010244425 Denmark Europe

ArcelorMittal S.A. LU0323134006 Luxembourg Europe

Bayer AG DE000BAY0017 Germany Europe

Disclosure Framework Traffic Light Scoring Rules

Not applicable / Insufficient data

Sector cluster Sector Secondary sector Scope 3 category

Please see the note on sector

Transportation Shipping Not Applicable Not Applicable

Industrials Steel Not Applicable Not Applicable

Industrials Chemicals Not Applicable Applicable

Disclosure Framework Scope 3 applicability