Methodologies:
Net zero Company Benchmark
CEC Net Zero Disclosure Benchmark Methodology
The CEC Net Zero Disclosure Benchmark follows global best practices while layering in additional context specific to Canada’s unique economy. The Benchmark was developed by the CEC Joint Secretariat (supported with the expertise of SHARE) under the oversight of the CEC Technical Committee and approval of the CEC Steering Committee. It was further refined by incorporating feedback from a consultation period, which involved CEC Participant Investors—including some of Canada’s largest asset managers and asset owners, NGOs and Indigenous representation.
For a Detailed Methodology of the individual indicators of the Disclosure Benchmark Framework please visit this link. To learn more about the key methodological updates introduced in the 2025 Disclosure Benchmark framework and guidance, visit the FAQ page.
Alignment Assessment Methodology
Public Policy Engagement Alignment Assessment
Provided by InfluenceMap
InfluenceMap assessments use a variety of public data sources, including corporate websites, social media channels, financial disclosures, regulatory consultations and reputable media reporting. This extensive data collection ensures a robust and statistically relevant analysis of each company’s climate policy engagement. The methodology’s reliance on public data sources enhances the transparency and objectivity of the assessments, making the findings accessible to external stakeholders. For additional information about methodology, please visit InfluenceMap’s methodology section linked here.
Climate Accounting and Audit Alignment Assessments
Provided by Carbon Tracker Initiative
The Carbon Tracker Initiative’s Climate Accounting and Audit Alignment Assessments evaluate whether Focus List companies’ accounting practices and related disclosures—as well as their auditor’s report—reflect the effects of climate risk, the global move toward a net zero emissions pathway by 2050 (or sooner), and the Paris Agreement goal of limiting global warming to no more than 1.5°C. For additional information about the Carbon Tracker Initiative’s methodology, click here. * These assessments do not apply to rate-of-return regulated electric utilities.
Oil and Gas Capital Allocation Alignment Assessments
Provided by Carbon Tracker Initiative
For oil and gas Focus List companies, the Carbon Tracker Initiative’s Capital Allocation Alignment Assessments analyze planned capital expenditures (CapEx) for upstream oil and gas projects that have not yet received final investment approval—and evaluate their alignment with a range of global climate scenarios. For additional information about the Carbon Tracker Initiative’s methodology, click here.
Electric Utilities Capital Allocation Alignment Assessments
Provided by Carbon Tracker Initiative
For electric utility Focus List companies, the Carbon Tracker Initiative’s Capital Allocation Alignment Assessments analyze announced retirement schedules for coal- and gas-fired power generation, along with plans to develop new carbon-emitting assets. These are evaluated against a range of climate change scenarios to assess alignment with global decarbonization goals. For additional information about the Carbon Tracker Initiative’s methodology, click here.