How should companies determine financial commitment for GHG mitigation activities which are intertwined business decisions or have negative spends? For those who can't disclose, what reasons are sufficient?

Companies can measure financial contribution using self-defined or framework definitions for GHG mitigation activities (e.g., EU Taxonomy, IFRS S2, TCFD).

Companies who publicly respond to CDP C3.5 positively meet this requirement (E.g., EU Taxonomy definition: Activities involved in process and product innovation that lead to GHG removal e.g., using renewable energy, sustainable materials, improving energy efficiency.)

Companies may be unable to  disclose financial contribution for GHG mitigation due to high measurement uncertainty in estimating financial contribution or may have legal or confidentiality restrictions preventing disclosure; e.g., for private companies with confidentiality requirements or trade secrets. In these cases, companies are required to provide an explanation for not disclosing and qualitative analysis of mitigation investments