Definitions
Article 1
Open ↗For the purposes of this Regulation, the following definitions shall apply: (a) ‘greenhouse gas (GHG) emissions’ means greenhouse gas emissions as defined in Article 3, point (1), of Regulation (EU) 2018/842 of the European Parliament and of the Council ( 1 ); (b) ‘absolute greenhouse gas (GHG) emissions’ means tonnes of CO 2 equivalent, as defined in Article 2, point (7), of Regulation (EU) No 517/2014 of the European Parliament and of the Council ( 2 ); (c) ‘greenhouse gas (GHG) intensity’ means absolute GHG emissions divided by millions of euros in enterprise value including cash; (d) ‘enterprise value including cash’ or ‘EVIC’ means the sum, at fiscal year-end, of the market capitalisation of ordinary shares, the market capitalization of preferred shares, and the book value of total debt and non-controlling interests, without the deduction of cash or cash equivalents; (e) ‘investable universe’ means the set of all investable instruments in a given asset class or group of asset classes; (f) ‘base year’ means the first of a series of years in a benchmark.