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The Carbon Underground 200^® identifies the top global publicly-owned coal, oil, and gas reserves owners ranked by the carbon emissions embedded in their reserves.

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Terms of Use

Select individuals and organizations including institutional investors, not-for-profit entities, activist organizations and the media can request a lagged version of The Carbon Underground 200®. This version is for reference and research purposes and may only be used for non-commercial purposes, as outlined in the Terms of Use below.

Asset managers and advisors can contact us for detailed information and subscription fees of The Carbon Underground 200®. Email us at info@ffisolutions.com.

FOSSIL FREE INDEXES LICENSE AGREEMENT

PLEASE READ THIS LICENSE AGREEMENT (“LICENSE AGREEMENT”) CAREFULLY BEFORE RECEIVING, OPENING, DOWNLOADING, INSTALLING OR OTHERWISE USING THE FILES (THE “DATA”) OR ANY RELATED DOCUMENTATION (“DOCUMENTATION”). NOTE: IF YOU DID NOT PROPERLY OBTAIN THIS DATA FROM FOSSIL FREE INDEXES LLC (“FOSSIL FREE INDEXES” OR “FFI”) OR AN AUTHORIZED AGENT OF FOSSIL FREE INDEXES, YOU ARE NOT AUTHORIZED TO USE THIS DATA AND MUST DESTROY THE FILES.

THE LICENSE AGREEMENT IS ENTERED INTO BY AND BETWEEN FOSSIL FREE INDEXES (“FFI”) AND THE PERSON OR ENTITY AGREEING TO THE LICENSE AGREEMENT (“USER”). THIS LICENSE AGREEMENT IS EFFECTIVE AS OF THE TIME AND DATE YOU CLICK THE “ACCEPT” BUTTON BELOW (OR ANY SIMILAR BUTTON OR LINK AS MAY BE DESIGNATED BY FFI TO SHOW YOUR ACCEPTANCE OF THIS LICENSE AGREEMENT) OR BY YOUR SIGNATURE BELOW. IF YOU ARE ACCEPTING THIS LICENSE AGREEMENT ON BEHALF OF YOUR EMPLOYER OR ANOTHER ENTITY, YOU REPRESENT AND WARRANT THAT: (I) YOU HAVE FULL LEGAL AUTHORITY TO BIND YOUR EMPLOYER, OR THE APPLICABLE ENTITY, TO THE LICENSE AGREEMENT; (II) YOU HAVE READ AND UNDERSTAND THIS LICENSE AGREEMENT; AND (III) YOU AGREE, ON BEHALF OF THE PARTY THAT YOU REPRESENT, TO THIS LICENSE AGREEMENT.

ACCEPTANCE OF THIS LICENSE AGREEMENT IS REQUIRED AS A CONDITION TO PROCEEDING WITH THE DOWNLOAD AND USE OF THE DATA. IF YOU DO NOT AGREE TO ALL OF THE TERMS AND CONDITIONS OF THE LICENSE AGREEMENT OR IF YOU DO NOT HAVE THE LEGAL AUTHORITY TO BIND YOUR EMPLOYER OR THE APPLICABLE ENTITY, CLICK THE “DO NOT ACCEPT” BUTTON BELOW AND DO NOT DOWNLOAD OR USE THE DATA OR DOCUMENTATION. THIS LICENSE AGREEMENT GOVERNS USER’S USE OF THE DATA AND DOCUMENTATION.

1. License Grants

Subject to the terms and conditions of this License Agreement, FFI hereby grants the User a worldwide, royalty-free, non-assignable, non-transferable and non-exclusive license to use the Data solely for use as the basis for investment research and potential strategies related to assets you own in accordance and compliance with the terms of this License Agreement. “Assets you own” does not include investments over which you have discretion but no ownership. For example, a consultant or outsourced CIO may have discretion, but they do not have ownership for the purpose of this License Agreement. Any copy of the Data and Documentation provided to User under this License Agreement is licensed, not sold, to User by FFI. All rights relating to the Data and Documentation that are not expressly licensed in this License Agreement, whether now existing or which may hereafter come into existence, are reserved for FFI. User shall not remove, obscure, or alter any proprietary rights notices (including without limitation copyright and trademark notices), which may be affixed to or contained within the Data.

2. Restrictions

User hereby represents, warrants and covenants that, except as otherwise expressly permitted in this License Agreement, User will not and will not permit others to:

a. Resell, distribute, publicly display or publicly perform the Data or Documentation, or any copy thereof, by transfer, lease, loan or any other means, or make it available for use by others in any sharing, service bureau or similar arrangement. Notwithstanding the above, Licensee may disclose information contained in the Data to any Sub-Advisor who has separately signed a Licensee Agreement with the Licensor;

b. Use the Data for any illegal purpose, in any manner that is inconsistent with the terms of this License Agreement, or to engage in any illegal activity;

c. Export the Data in violation of any applicable laws or regulations;

d. Modify, translate, adapt, or create derivative Data from the Data or the Documentation related thereto;

e. Assign this Agreement or transfer, lease, export or grant a sublicense of the License contained herein to any Person except as and when authorized to do so by Licensor in writing;

f. Reverse engineer, decompile or disassemble the Data;

g. Use the Data except as authorized herein;

3. Term

This License Agreement is for one year from the acceptance date of these terms and conditions. Upon written notice, this License Agreement is terminable at will by the User. FFI may terminate this License Agreement with or without notice if User materially breaches this License Agreement or takes any action in derogation of FFI or FFI’s rights in or to the Data. Upon termination, the User shall return to FFI all copies of the Data and Documentation in the User’s possession or control; all licenses and rights to use the Data and Documentation shall terminate and the User must cease all use of the Data and completely remove from all hard drives and other storage media all copies of the Data and Documentation in the User’s possession or under the User’s control. All provisions of Sections 6, 7 and 8 of the License Agreement shall survive termination.

4. Delivery

All Data will be delivered via email following approval of the signed agreement.

5. Fees

No fees are charged for this license. However, any use of the data for commercial purposes or otherwise in violation of the terms of this License will trigger fees that are current at the time for commercial use.

6. No Warranties; Disclaimers

EXCEPT AS EXPRESSLY SET FORTH IN THIS LICENSE AGREEMENT, THE DATA AND DOCUMENTATION WAS PROVIDED “AS IS” AND FFI MAKES NO WARRANTY AND DISCLAIMS ALL WARRANTIES, EXPRESS OR IMPLIED, INCLUDING WITHOUT LIMITATION ANY IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE OR NONINFRINGEMENT OF THIRD PARTIES’ INTELLECTUAL PROPERTY RIGHTS OR OTHER PROPRIETARY RIGHTS.

7. Limitation of Liability

IN NO EVENT WILL FFI BE LIABLE FOR ANY LOST PROFITS, REVENUE OR DATA, OR OTHER INCIDENTAL, SPECIAL, PUNITIVE, EXEMPLARY, INDIRECT OR CONSEQUENTIAL DAMAGES ARISING OUT OF OR RELATED TO THE DATA OR DOCUMENTATION OR THE USE THEREOF. SAVE WITH RESPECT TO A PARTY’S INDEMNITY OBLIGATIONS, IN NO EVENT SHALL FFI’S LIABILITY TO LICENSEE, OR LICENSEE’S LIABILITY TO FFI EXCEPT AS IT MAY APPLY TO SECTION 5 ABOVE, WHETHER IN CONTRACT, TORT (INCLUDING NEGLIGENCE), OR OTHERWISE, EXCEED THE FEES PAYABLE BY LICENSEE UNDER THE TERMS OF THIS LICENSE DURING THE INITIAL TERM. THE FOREGOING LIMITATIONS OF LIABILITY SHALL APPLY, EVEN IF THE PARTIES HAVE BEEN ADVISED, OR ARE OTHERWISE AWARE, OF THE POSSIBILITY OF DAMAGES IN EXCESS OF SUCH LIMITATIONS AND EVEN IF THE WARRANTY REMEDY OF SECTION 11 FAILS IN ITS ESSENTIAL PURPOSE.

The User and FFI agree that the exclusion of Warranties and Disclaimers of Section 6 and the Limitation of Liability of this Section 7 are reasonable in light of the fees paid under the License Agreement.

SOME STATES DO NOT ALLOW EXCLUSION OF IMPLIED WARRANTIES OR LIMITATION OF LIABILITY FOR INCIDENTAL, SPECIAL, PUNITIVE, OR OTHER INDIRECT OR CONSEQUENTIAL DAMAGES, SO THE LIMITATIONS OR EXCLUSIONS OF SECTIONS 6 AND 7 OF THE LICENSE AGREEMENT MAY NOT APPLY TO THE USER. IN SUCH STATES, THE LIABILITY OF FFI SHALL BE LIMITED TO THE GREATEST EXTENT PERMITTED BY LAW.

8. Miscellaneous

a. If any term or condition of this License Agreement is deemed to be illegal or unenforceable under any rule of law, all other terms shall remain in force. Further, such provision will be reformed only to the extent necessary to make it enforceable and the term or condition which is held to be illegal or unenforceable shall remain in effect as far as possible in accordance with the intention of the parties.

b. Nothing in this License Agreement shall be construed to place the parties hereto in an agency, employment, franchise, joint venture, or partnership relationship. Neither party will have the authority to obligate or bind the other in any manner, and nothing herein contained shall give rise or is intended to give rise to any rights of any kind to any third parties. Neither party will represent to the contrary, either expressly, implicitly or otherwise.

c. All disputes, claims or controversies arising out of this License Agreement, or the validity or performance of this License Agreement, or the transactions contemplated hereby shall be governed by and construed in accordance with the laws of the State of New York without regard to its rules of conflict of laws. Each of the parties hereto hereby (a) irrevocably and unconditionally consents to submit to the sole and exclusive jurisdiction of the courts of the State of New York and of the United States of America located in the City of New York (the “NY Courts”) for any litigation among the parties hereto arising out of or relating to this License Agreement, or the validity or performance of this License Agreement, (b) waives any objection to the laying of venue of any such litigation in the NY Courts, and (c) agrees not to plead or claim in any NY Courts that such litigation brought therein has been brought in any inconvenient forum or that there are indispensable parties to such litigation that are not subject to the jurisdiction of the NY Courts.

d. User may not assign this License Agreement without the prior written consent of FFI, which may be withheld by FFI in its sole discretion. Any purported assignment in contravention of this section is null and void. A transfer of a controlling interest in the equity of User shall be deemed an assignment for purposes of this subsection. Subject to the foregoing, this License Agreement will bind and inure to the benefit of any successors or assigns.

e. User agrees that it will not knowingly, in conjunction with this License Agreement or its performance (i) export or re-export, from the United States directly or indirectly, any technical data (as defined by the U.S. Export Administration Regulations); or (ii) disclose such technical data for use in, or export or re-export directly or indirectly, any direct product of such technical data, including software, to any destination to which such export or re- export is restricted or prohibited by U.S. or non-U.S. law including, but not limited to, Cuba, Iran, Iraq, Libya, North Korea, Sudan, or Syria, or to any person on the Table of Denial Orders, the Entity List or the List of Specially Designated Nationals, without obtaining prior authorization from the U.S. State Department, U.S. Department of Commerce and/or other competent government authorities to the extent required by those laws. User shall cooperate with FFI in the evaluation and securing of all necessary export authorizations and licenses.

This License Agreement constitutes the entire agreement between the parties. It supersedes and replaces all prior or contemporaneous understandings or agreements, written or oral, regarding such subject matter, and prevails over any conflicting terms or conditions contained on printed forms submitted with purchase orders, sales acknowledgments or quotations. This License Agreement may not be modified or waived, in whole or part, except in writing and signed by an officer or duly authorized representative of both parties. Failure or delay by either party to enforce any provision of this License Agreement will not be deemed a waiver of future enforcement of that or any other provision.

Click here to download the License Agreement.