A Climate Transition Assessment (CTA) is our qualitative opinion of how consistent with a low carbon, climate resilient future we expect an entity’s economic activities will be once the planned transition changes are realized and potential material implementation risks are considered. Analytical outputs from CTAs are used to assess alignment of companies with the Nasdaq Green Equity Principles and to determine if companies meet the requirements for either the Nasdaq Green Equity Designation or the Green Transition Designation. The Nasdaq Green Equity Principles are aligned with the World Federation of Exchanges Green Equity Principles guidelines.