TICCS® 2022 change log
Document: The Infrastructure Company Classification Standard | Document version: TICCS 2020.02 | ||||||
Change no. | Location of change | Current | Description of change | I/c | Date submitted | Date approved | Status |
TICCS001 | TICCS Overview | Information entailed below: TICCS, A Standard for the Industry TICCS, Structure and Methodology Key Features of TICCS The TICCS Comparative Advantage | -Update the number of industry classes of specific industrial activities and industrial asset-level subclasses. -Update all corporate “governance” to corporate “structure” | TW JL | 30 April 2022 | 1 May 2022 | Approved |
TICCS002 | Pillar 2: Industrial Activities and Assets
| 8 Industrial Superclass 33 Industrial Class 95 Industrial Asset Subclass
| -Inclusion of further classes and subclasses 8 Industrial Superclass 35 Industrial Class 101 Industrial Asset Subclass -Adding subclass definition for each TICCS asset -Adding of subclasses IC402040 Bioethanol Fuel IC705030 Thermal Storage IC706010 Hydrogen-fired power generation IC706020 Hydrogen Fuel Cells IC706030 Hydrogen storage IC807010 Smart Metering Network IC501010 Cell towers IC501020 Long-Distance Cables | TW JL | 30 April 2022 | 1 May 2022 | Approved |
TICCS003 | Pillar 3: Geoeconomics |
| Minor updates to the definition with example, “In a global economic shock, global transport assets, including global airports, are more exposed to the impact than regional and subnational airports. Subnational airports only deal with traffic from local destinations, regional airports are mostly exposed to countries in that region. In contrast, global airport is a destination airport or a major transport hub servicing traffic from around the world.” | TW JL | 30 April 2022 | 1 May 2022 | Approved |
TICCS004 | Pillar 4: Corporate Governance |
| Title updated to “Corporate structure” | TW JL | 30 April 2022 | 1 May 2022 | Approved |
TICCS005 | Sustainability: NACE and EU taxonomy |
| Inclusion of Sustainability: NACE and EU taxonomy | TW JL | 30 April 2022 | 1 May 2022 | Approved |