SEC Climate Disclosure Rule 1504(c): Item 1504(c): progress toward targets, annual update and material expenditures

Disclose progress toward each disclosed target or goal and how it was achieved, updated every fiscal year with the actions taken during the year, including a discussion of material impacts on the business, results or financial condition as a direct result of the target or the actions, and quantitative and qualitative disclosure of material expenditures and material impacts on financial estimates and assumptions as a direct result (1504(c)(2), which has the later compliance date). Expenditures actually incurred are historical facts outside the safe harbor.