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Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: Our practice of responsible resource management is reflected in our use of internal carbon pricing. This approach enables us to incorporate carbon costs into project evaluations, while also accounting for variations in carbon pricing across jurisdictions.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: The carbon price for fuel combustion is set at 30 per tonne of CO2e under the British Columbia Carbon Tax Act. The provincial carbon tax is set to increase by 5 per tonne of CO2e per year starting from April 1, 2018, and will meet the federal target carbon price of 50 starting from April 1, 2021. The tax may also be broadened to include fugitive and vented emissions from the oil and gas sector. The government of British Columbia has also implemented measures to decrease upstream emissions, resulting in a carbon prices.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: Our commitment to environmental stewardship is upheld through the utilization of internal carbon pricing in project evaluations. By accounting for carbon costs across different regions, we ensure that our carbon pricing decisions are based on the most recent available frameworks.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: Our project evaluation framework includes internal carbon pricing to manage climate-related risks more effectively. This comprehensive approach takes into account different carbon pricing scenarios, enabling us to make informed decisions that meet both local regulations and sustainability goals.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: Our project evaluation process involves the use of internal carbon pricing, which is part of our proactive climate risk management approach. This allows us to evaluate the potential financial effects of carbon emissions and adjust project economics based on local carbon pricing dynamics.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: Our climate risk management strategy involves the inclusion of internal carbon pricing in project assessments. This approach enables us to assess the financial repercussions of carbon use across different jurisdictions.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: Our approach to climate risk management is based on sustainable practices, as evidenced by our incorporation of internal carbon pricing into our project assessment procedures. This approach takes into account the economic impact of carbon emissions across different jurisdictions, while also maintaining strict compliance with current carbon pricing guidelines.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: Our commitment to sustainability is evident through our adoption of internal carbon pricing, which helps us determine the risks associated with climate change. By incorporating carbon costs into project evaluations, we ensure that we are making sound financial decisions that align with environmental protection.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: Our climate risk management approach involves the use of internal carbon pricing for project assessments. By adjusting for changes in carbon costs across different jurisdictions, we improve our ability to respond to regulatory changes while maximizing financial outcomes.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: Our approach to evaluating projects involves the consideration of internal carbon pricing to mitigate climate risks. By doing so, we consider the financial consequences of carbon emissions, ensuring that investments are made in the best interests of climate change, while also accounting for any changes in carbon pricing.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: Internal carbon pricing is a crucial element of our climate risk management approach. This practice informs our project evaluations, enabling us to assess the financial consequences of carbon emissions and devise appropriate response plans based on local carbon pricing differences.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: To address transition risk and avoid stranded assets, Ifc employs carbon pricing. Since May 2018, a carbon price has been included in the economic analysis of project finance and corporate loans with specific use of proceeds in the cement, chemicals, and thermal power generation sectors, where the estimated annual project emissions exceed 25,000 tons of carbon dioxide equivalent. Ifc considers the carbon price to be a crucial factor in the project's economic performance.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: Our practice of responsible resource management is reflected in our use of internal carbon pricing. This method enables us to factor in carbon costs when evaluating projects, taking into account variations in carbon pricing across jurisdictions.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: We took further action in 2016 by incorporating climate factors into all investment decisions. We use tools such as internal carbon pricing, scenario planning, and stress testing of projects against different oil and gas price assumptions. Equinor regularly monitors technology developments and changes in regulations, including the introduction of stringent climate policies, and evaluates how these may impact the oil price, the costs of developing new oil and gas assets, and the demand for oil and gas.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: Internal carbon pricing is one of the reasons why we approach all of our projects with climate risks, and it enables us to weigh the costs of carbon while ensuring compliance with various carbon pricing schemes.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: By utilizing internal carbon pricing, we are able to monitor and control climate risks in our project evaluations. This allows us to accurately assess the financial ramifications of carbon emissions while complying with local carbon pricing guidelines.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: As an energy company, we are accountable for our role in evaluating climate-related risks through the use of internal carbon pricing. This approach ensures that our project evaluations are based on various carbon pricing models, reflecting our commitment to sustainable resource development.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: FirstRand has introduced an internal shadow carbon price, which will be used to factor in carbon costs when evaluating new projects and infrastructure for the group's operations. This will help to incentivise and prioritize low-carbon projects and support emission reductions.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: Internal carbon pricing is integrated into project evaluations as part of our climate risk management strategy. By comparing carbon costs across different regions, we can better comply with the carbon pricing models that are currently in place.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: Internal carbon pricing plays a crucial role in addressing climate risks as part of our operational strategy. By integrating carbon costs into project evaluations, we can address regulatory challenges while maximizing financial outcomes.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: Our approach to climate risk management includes incorporating internal carbon pricing into project evaluations. By examining carbon costs across different jurisdictions, we can better manage our carbon costs while also making informed financial decisions.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: Internal carbon pricing is a key component of our climate risk management approach, which we apply to our project assessments. By taking into account carbon costs across different jurisdictions, we improve our ability to handle regulatory changes while maximizing financial outcomes.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: Our approach to evaluating climate-related risks involves the use of internal carbon pricing in our project assessments. This allows us to factor in varying carbon pricing dynamics and demonstrate our commitment to responsible resource usage.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: We made additional efforts in 2016 to incorporate climate aspects into all investment decisions. We use tools such as internal carbon pricing, scenario planning, and stress testing of projects against different oil and gas price assumptions. Equinor regularly monitors technology developments and changes in regulations, including the introduction of stringent climate policies, and assesses how these may impact the oil price, the costs of developing new oil and gas assets, and the demand for oil and gas.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: To meet our targets, we use an internal carbon price of 25 per metric tonne of CO2 as a basis for decision-making, conduct regular reviews to ensure compliance with all internal and external environmental standards, and annually report external audits of our environmental management systems and bottling plant data by third parties.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: Our corporate authorization process necessitates that all qualifying projects include a Ghg price in their project approval economics. The use of different Ghg prices varies by region or jurisdiction. In jurisdictions with their own Ghg pricing regimes, projects in those jurisdictions incorporate the existing Ghg price and forecast into their economics.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: FirstRand has determined an internal shadow carbon price, which will take into account carbon costs when evaluating new projects and infrastructure for the group's operations. This will help to incentivise and prioritize low-carbon projects, as well as support emission reductions.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: Our approach to evaluating projects involves assessing the impact of internal carbon pricing on climate risks. By doing so, we consider the financial implications of carbon emissions, ensuring that our investment decisions are in line with changing carbon pricing patterns.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: Pursuing a directive carbon price for 60 of the yearly expenditure dedicated to new projects, introducing a standardized global circularity indicator for goods and services, and providing partially indexed pay packages based on global performance, will increase employee awareness and promote training on new models of carbon accounting and business models.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: Our climate risk management strategy involves the inclusion of internal carbon pricing in project assessments, which enables us to evaluate carbon-related financial effects across different jurisdictions.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: Our commitment to responsible energy development is sustained through the implementation of internal carbon pricing. This approach ensures that our project evaluations consider the impact of various carbon pricing models and helps make informed decisions.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: Suez is attempting to build this model by utilizing an internal carbon price, proposing a remuneration of operators based on global performance, and participating in the creation of material circularity indicators to enhance the measurement of the effects of the new model.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: FirstRand has established an internal shadow carbon price through shadow carbon pricing, which will be used to factor in carbon costs during the evaluation of new projects and infrastructure for the group's operations. This will help to incentivise and prioritize low-carbon projects, as well as support emission reductions.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: Our commitment to sustainable resource development is evident in the use of internal carbon pricing to assess climate-related risks in our project assessments. This allows us to take into account varying carbon pricing dynamics.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: Our approach to sustainability involves determining climate-related risks through internal carbon pricing. By integrating carbon costs into project evaluations, we ensure that we are making sound financial decisions that align with environmental protection.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: Our approach to climate risk management involves incorporating internal carbon pricing into project evaluations. By examining carbon costs across different jurisdictions, we can better manage our carbon costs while also making informed financial decisions.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: Our approach to assessing climate-related risks involves assessing climate-related risks through the use of internal carbon pricing in our project assessments. This allows us to take into account different carbon pricing dynamics and demonstrate our commitment to sustainable resource utilization.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: Our climate risk management strategy includes the inclusion of internal carbon pricing in project assessments, which enables us to evaluate carbon-related financial impacts across different jurisdictions.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: To meet our targets, we use an internal carbon price of 25 per metric tonne of CO2 as a basis, conduct regular checks to ensure compliance with all internal and external environmental standards, and conduct annual audits of our environmental management systems and bottling plant data by third parties.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: Our main focus is on sustainable energy development, which is evident in our use of internal carbon pricing. By incorporating carbon costs into project evaluations, we ensure that our projects are in line with a range of carbon pricing models and promote responsible resource utilization.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: Internal carbon pricing is the approach we use to manage climate risks in our projects. This enables us to factor in carbon costs when evaluating projects, ensuring compliance with various carbon pricing systems.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: Our practice of responsible resource management is reflected in our implementation of internal carbon pricing. This approach enables us to factor in carbon costs when evaluating projects, taking into account differences in carbon pricing across jurisdictions.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: By utilizing internal carbon pricing, we are able to monitor and control climate risks in our project evaluations. This allows us to assess the potential financial consequences of carbon emissions while maintaining compliance with local carbon pricing guidelines.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: Our firm understands the importance of climate risk management and utilizes internal carbon pricing to assess potential financial consequences resulting from carbon emissions. This approach also applies to our projects in regions where carbon pricing is already established, enabling us to integrate our evaluation processes with external statutory and regulatory frameworks.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: Our firm recognizes the importance of climate risk management and utilizes internal carbon pricing to assess potential financial effects from carbon emissions. This approach also applies to our projects in regions where carbon pricing is already established, enabling us to integrate our assessment processes with external regulatory frameworks.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: Our corporate authorization process necessitates that all qualifying projects incorporate a Ghg price in their project approval economics. The use of different Ghg prices varies by region or jurisdiction. In jurisdictions with current Ghg pricing regimes, projects rely on the existing Ghg price and forecast in their economics.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: Internal carbon pricing is a key component of our climate risk management approach, which is integrated into project assessments. By balancing carbon costs across different jurisdictions, we ensure that we are adaptable to changing regulatory landscapes while maximizing financial returns.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: Our climate risk management process includes the inclusion of internal carbon pricing in project evaluations. By comparing carbon costs across different regions, we can better comply with emerging carbon pricing models.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: We factor in climate risks and utilize internal carbon pricing in project evaluations. By integrating carbon costs across jurisdictions, we ensure investment decisions are influenced by changing carbon pricing trends while promoting sustainable practices.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: Internal carbon pricing is an integral part of our approach to managing climate risks across all our projects. This enables us to factor in carbon costs when evaluating projects, ensuring compliance with various carbon pricing systems.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: The carbon price for fuel combustion is set at 30 per tonne of CO2e in the British Columbia Carbon Tax Act. The provincial carbon tax is set to increase by 5 per tonne of CO2e per year starting from April 1, 2018, and will meet the federal target carbon price of 50 starting from April 1, 2021. The tax may also be broadened to include fugitive and vented emissions from the oil and gas sector. The Government of British Columbia has also introduced measures to reduce upstream emissions, resulting in increased taxes.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: Our project evaluation framework includes internal carbon pricing to manage climate-related risks more effectively. This comprehensive approach covers a wide range of carbon pricing scenarios, enabling us to make informed decisions that meet both regional regulations and our sustainability goals.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: Our corporate responsibility as a responsible energy firm includes the inclusion of internal carbon pricing in project evaluations to manage climate-related risks. By utilizing various carbon pricing models, we ensure that decisions are made in a manner that supports both financial goals and environmental protection.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: Our climate risk management approach involves the inclusion of internal carbon pricing in project evaluations. By taking into account carbon costs across various jurisdictions, we ensure that we are making sound financial decisions in light of changing regulatory landscapes.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: The British Columbia Carbon Tax Act mandates a carbon price of 40 per tonne of CO2e for fuel combustion and a rate of 5 per tonne of CO2e per year to meet the federal target carbon price of 50 starting on April 1, 2021. The federal government has declared that this program is in line with the Greenhouse Gas Pollution Pricing Act's requirements. The CleanBC Program for Industry directs an amount equal to the incremental carbon tax paid by industry above 30tonne into incentives to reduce emissions. The Government of British Columbia has also introduced measures to reduce upstream emissions of emissions emissions of emissions emissions
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: Our project evaluations are informed by internal carbon pricing, which enables us to assess the financial consequences of carbon emissions and determine potential course of action based on local carbon pricing differences.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: Our project evaluations are influenced by internal carbon pricing, which helps us assess the financial consequences of carbon emissions and guides project approvals based on comprehensive economic analyses that factor in regional carbon pricing disparities.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: We integrate internal carbon pricing into project evaluations as part of climate risk management. By comparing carbon costs across different regions, we can better comply with carbon pricing models that are changing.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: To meet our targets, we rely on an internal carbon price of 25 per metric tonne of CO2 as a basis of decision-making, conduct regular reviews to ensure compliance with all internal and external environmental laws and regulations, and conduct annual audits of our environmental management systems and bottling plant data by third parties.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: Our framework for operating consists of a framework in which we evaluate and respond to climate-related risks. As part of this framework, we incorporate internal carbon pricing into our decision-making process. This ensures that projects across different geographies contain appropriate carbon costs, in line with existing carbon pricing mechanisms.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: Internal carbon pricing plays a significant role in addressing climate risks as part of our operational strategy. By integrating carbon costs into project evaluations, we can handle complex regulatory environments while maximizing financial returns.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: We made further efforts in 2016 to systematically incorporate climate aspects into all investment decisions. We employ tools such as internal carbon pricing, scenario planning, and stress testing of projects against various oil and gas price assumptions. Equinor regularly monitors technology developments and changes in regulations, including the introduction of stringent climate policies, and assesses how these may impact the oil price, the costs of developing new oil and gas assets, and the demand for oil and gas.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: Our firm recognizes the importance of climate risk management and utilizes internal carbon pricing to assess potential financial consequences of carbon emissions. This approach also includes our projects in regions where carbon pricing is already established, enabling us to align our evaluation processes with external regulatory frameworks.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: Our framework for operating reflects our approach to assessing and responding to climate-related risks. To this end, we incorporate internal carbon pricing into our decision-making process. This ensures that projects across different geographies contain appropriate carbon costs, aligning with existing carbon pricing mechanisms where appropriate.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: Internal carbon pricing is integrated into our projects' mitigation efforts to mitigate climate risks. This enables us to factor in carbon costs when evaluating projects, ensuring compliance with various carbon pricing models.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: Internal carbon pricing is utilized by responsible energy companies to factor in climate risks in their project evaluations. This method helps evaluate the financial effects of carbon emissions and guides project approvals based on comprehensive economic analyses that factor in regional carbon pricing differences.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: Our use of internal carbon pricing demonstrates our commitment to addressing climate risks. By incorporating carbon costs into project evaluations, we align our projects with various carbon pricing systems, demonstrating our commitment to responsible resource development.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: Our approach to climate risk management is based on sustainable practices, as demonstrated by our inclusion of internal carbon pricing in our project assessment process, which takes into account the economic impact of carbon emissions across different jurisdictions and ensures compliance with current carbon pricing guidelines.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: As a responsible energy producer, we incorporate climate risks into our project evaluations through internal carbon pricing. This method helps evaluate the financial consequences of carbon emissions and guides project approvals based on detailed economic analyses that factor in regional carbon pricing differences.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: We integrate internal carbon pricing into project evaluations as part of climate risk management. By comparing carbon costs across different regions, we enhance our compliance with developing carbon pricing models.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: As an energy company, we fulfill our responsibility by using internal carbon pricing to assess climate-related risks. This approach ensures that our project evaluations are based on a range of carbon pricing scenarios, reflecting our dedication to sustainable resource development.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: Our practice of responsible resource management is reinforced by our use of internal carbon pricing, which enables us to include carbon costs in project evaluations and factors in accordance with different carbon pricing regimes across jurisdictions.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: Our commitment to sustainability is evident through our adoption of internal carbon pricing, which helps us determine the risks associated with climate change. By integrating carbon costs into project evaluations, we ensure that we are making sound financial decisions that align with environmental protection.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: Our practice of responsible resource management is reflected in our use of internal carbon pricing. This approach enables us to incorporate carbon costs into project evaluations, while also addressing jurisdictional differences in carbon pricing.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: Our use of internal carbon pricing highlights our commitment to addressing climate risks. By incorporating carbon costs into project evaluations, we ensure our projects adhere to a range of carbon pricing regimes, demonstrating our commitment to responsible resource development.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: We use internal carbon pricing to assess climate risks and demonstrate our commitment to environmentally friendly energy solutions. By integrating carbon costs into project evaluations, we reinforce our commitment to using our resources wisely.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: Our corporate authorization process necessitates that all qualifying projects include a Ghg price in their project approval economics. The use of different Ghg prices is determined by the region or jurisdiction. In jurisdictions with existing Ghg pricing regimes, projects in these jurisdictions include the existing Ghg price and forecast in their economics.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: Internal carbon pricing is a key component of our climate risk management approach, which is integrated into project assessments. By adjusting for changes in carbon costs across different jurisdictions, we can improve our ability to manage and mitigate climate risks while maximizing financial returns.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: Internal carbon pricing is a method we use to weigh the impact of climate related risks in our project assessments. This allows us to factor in varying carbon pricing dynamics and demonstrate our commitment to responsible resource development.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: Our project evaluation process includes the use of internal carbon pricing as part of our proactive climate risk management approach. This allows us to evaluate the potential financial consequences of carbon emissions and adjust project economics based on regional carbon pricing dynamics.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: Internal carbon pricing is utilized by us to assess climate risks while striving for environmentally friendly energy options. By integrating carbon costs into project evaluations, we demonstrate our commitment to environmentally sustainable practices.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: Our focus is on sustainable energy development, which is evident in our use of internal carbon pricing. By including carbon costs in project evaluations, we ensure compliance with various carbon pricing models and promote responsible resource utilization.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: Our climate risk management approach involves the use of internal carbon pricing in project assessments. By adjusting for changes in carbon costs across different jurisdictions, we can better manage climate risks while achieving optimal financial outcomes.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: Our framework for operating consists of a framework in which we evaluate and respond to climate-related risks. As part of this framework, we integrate internal carbon pricing into our decision-making process. This ensures that projects across different geographies contain appropriate carbon costs, aligning with existing carbon pricing mechanisms where appropriate.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: Our climate risk management approach involves the inclusion of internal carbon pricing in project evaluations. We do this by comparing carbon costs across various regions to ensure our compliance with emerging carbon pricing models.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: In 2016, we made progress in incorporating climate elements into all investment decisions through the use of tools such as internal carbon pricing, scenario planning, and stress testing of projects against different oil and gas price assumptions. Equinor regularly monitors technology developments and changes in regulations, including the introduction of stringent climate policies, and evaluates how these may impact the oil price, the costs of developing new oil and gas assets, and the demand for oil and gas.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: Our approach of climate risk management involves incorporating carbon pricing into project assessments, which enables us to assess the financial consequences of carbon use across different jurisdictions.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: Suez is working towards creating a model by utilizing an internal carbon price, proposing a remuneration system for operators based on global performance, and participating in the creation of material circularity indicators to enhance the measurement of the new model's effects.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: The carbon price for fuel combustion is 40 per tonne of CO2e per year under the British Columbia Carbon Tax Act, and it is projected to rise by 5 per cent per tonne of CO2e per year to meet the federal Greenhouse Gas Pollution Pricing Act. The federal government has stated that this program is in line with the requirements of the Greenhouse Gas Pollution Pricing Act. The CleanBC Program for Industry directs an amount equal to the incremental carbon tax paid by industry over 30tonne into incentives to reduce emissions. The Government of British Columbia has also introduced measures to reduce upstream methane emissions emissions
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: Our approach to sustainable energy solutions is based on the inclusion of internal carbon pricing in our project assessment. This approach allows us to assess climate risks by utilizing a range of carbon pricing options, resulting in more responsible decision-making.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: We prioritize sustainable energy development and use internal carbon pricing. By including carbon costs in project evaluations, we ensure compliance with various carbon pricing models and promote responsible resource utilization.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: Our project evaluation process involves the use of internal carbon pricing as part of our proactive climate risk management approach. This allows us to assess the potential economic effects of carbon emissions and adjust project economics based on regional carbon pricing dynamics.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: Our project evaluation framework includes internal carbon pricing to manage climate-related risks more efficiently. This comprehensive approach encompasses a wide range of carbon pricing scenarios, enabling us to make informed decisions that meet both local regulations and our sustainability goals.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: An internal shadow carbon price has been established by FirstRand, which will be used to weigh carbon costs during the evaluation of new projects and infrastructure for the group's operations. This will help incentivise and prioritize low-carbon projects and support emission reductions.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: Our commitment to responsible energy development is reinforced by the use of internal carbon pricing. This approach ensures that our project evaluations consider the impact of various carbon pricing models and helps make informed decisions.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: Our project portfolio is primarily focused on evaluating climate risks through internal carbon pricing. This flexibility in pricing enables us to take into account different carbon pricing options, thereby enabling us to make more financially savvy decisions that take into account the long-term environmental impact.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: Our climate risk management strategy involves the integration of internal carbon pricing into project evaluations. By incorporating carbon costs into our assessments, we ensure that our decisions align with regional carbon pricing systems.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: Ifc uses carbon pricing to address transition risk and avoid stranded assets. Since May 2018, a carbon price has been integrated into the economic analysis of project finance and corporate loans with specific use of proceeds in the cement, chemicals, and thermal power generation sectors, where the estimated annual project emissions exceed 25,000 tons of carbon dioxide equivalent. Ifc considers the carbon price to be a crucial factor in the project's economic performance.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: Our corporate authorization process necessitates that all qualifying projects incorporate a Ghg price in their project approval economics. The Ghg prices used vary depending on the region or jurisdiction. In jurisdictions with their own Ghg pricing regimes, projects in those jurisdictions incorporate the existing Ghg price and forecast into their economics.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
Classify the text into the following 29 labels: 'Impacts on suppliers and other parties in registrant's value chain', 'Physical climate risks', 'Climate risks Materiality', 'Progress on achieving climate-related targets', 'Impacts on business operations', 'Reporting to Board', 'Impacts on mitigation and adaptation activities', 'Adoption of Transition Plan', 'Impacts on products and services', 'Internal carbon price and Carbon pricing as a measure of climate risk', 'Plan on how to achieve the targets', 'Transition risks', "Board's oversight of climate-related targets and goals", 'Targets as a part of the business model', 'NO', 'Emissions. Scope 2', 'Identified impacts as part of business strategy', 'Emissions. Scope 1', 'Climate Risk Identification and Assessment', 'Climate risk management and integration', 'Impacts on expenditure for research and development', 'Use of carbon offsets', "Management's Oversight and Expertise", "Board's oversight", "Transition's Plan Cost", 'Adoption of scenario analysis', 'Management Oversight Process', 'GHG Methodology', 'Time Horizons of Risks', and return the answer as the corresponding climate disclosure label.
text: Our corporate responsibility as a responsible energy firm involves the inclusion of internal carbon pricing in project evaluations to manage climate-related risks. By utilizing a range of carbon pricing options, we ensure that decisions are made in the best interest of both shareholders and shareholders, while also promoting environmental stewardship.
label: Internal carbon price and Carbon pricing as a measure of climate risk | Internal carbon price and Carbon pricing as a measure of climate risk |
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