(a) General. A registrant must include disclosure pursuant to Section 210.14-02 in any filing that is required to include disclosure pursuant to subpart 229.1500 of this chapter and that also requires the registrant to include its audited financial statements. The disclosure pursuant to Section 210.14-02 must be included in a note to the financial statements included in such filing.
(b) Definitions. The definitions in Section 229.1500 (Item 1500 of Regulation S-K) apply to this Article 14 of Regulation S-X.
(c) Basis of calculation. When calculating the metrics in this Article 14, except where otherwise indicated, a registrant must:
(1) Use financial information that is consistent with the scope of the rest of its consolidated financial statements included in the filing; and
(2) Whenever applicable, apply the same accounting principles that it is required to apply in preparation of the rest of its consolidated financial statements included in the filing.
(d) Historical periods. Disclosure must be provided for the registrant’s most recently completed fiscal year, and for the historical fiscal year(s) included in the consolidated financial statements in the filing (e.g., a registrant that is required to include balance sheets as of the end of its two most recent fiscal years and income statements and cash flow statements as of the end of its three most recent fiscal years would be required to disclose two years of the climate-related metrics that correspond to balance sheet line items and three years of the climate-related metrics that correspond to income statement or cash flow statement line items).