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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

Sustanability: NACE and EU taxonomy 

 

Inclusion of Sustanability: NACE and EU taxonomy

TW

JL

30 April 2022

1 May 2022

Approved

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