The following Annex is added:
‘ANNEX III EU Climate Transition Benchmarks and EU Paris-aligned Benchmarks
Methodology for EU Climate Transition Benchmarks
(1) The administrator of an EU Climate Transition Benchmark shall formalise, document and make public any methodology used for the calculation of the benchmark, giving the following information, while ensuring confidentiality and the protection of undisclosed know-how and business information (trade secrets) as defined in Directive (EU) 2016/943 of the European Parliament and of the Council [Directive (EU) 2016/943 of the European Parliament and of the Council of 8 June 2016 on the protection of undisclosed know-how and business information (trade secrets) against their unlawful acquisition, use and disclosure (OJ L 157, 15.6.2016, p. 1).]
(a) the list of the main constituents of the benchmark;
(b) all criteria and methods, including selection and weighting factors, metrics and proxies used in the benchmark methodology;
(c) the cr
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