{
  "docId": "019dd923-622b-71dc-a6dc-8129984d7be6",
  "docSlug": "c4ed24b02383",
  "documentTitle": "Airbus SE (AIR)",
  "authorId": "20_TCI_Fund",
  "authorName": "Sir Christopher Hohn",
  "documentKindSlug": "shareholder-letter",
  "documentKindLabel": "Shareholder letter",
  "sourceTypeSlug": "activist_investor",
  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2019-11-30 00:00:00",
  "orientation": "portrait",
  "aspectRatio": 0.7078385,
  "pageNumber": 1,
  "pageCount": 6,
  "prevPage": null,
  "nextPage": 2,
  "slideType": "executive_summary",
  "function": "state_demand",
  "density": "balanced",
  "nDataPoints": 2,
  "notes": "This is a formal shareholder letter acting as a demand for ESG transparency.",
  "elementsJson": [
    "logo_grid",
    "paragraph"
  ],
  "metadataConfidence": 1,
  "imagePath": "https://imgproxy.kitesheet.com/Rx8-eBnUtxbc7bA0aoHZJ7LKnkNjBI3CpVsl_Wr63LE/rs:fit:1200:1200:0/q:82/f:webp/czM6Ly9raXRlc2hlZXQvY29ycHVzL3NsaWRlcy9jNGVkMjRiMDIzODMvcDAwMS5wbmc",
  "slideHref": "/slides/019dd923-622b-71dc-a6dc-8129984d7be6/1",
  "deckHref": "/decks/019dd923-622b-71dc-a6dc-8129984d7be6",
  "deckJsonHref": "/decks/019dd923-622b-71dc-a6dc-8129984d7be6.json",
  "deckAnchorHref": "/decks/019dd923-622b-71dc-a6dc-8129984d7be6#slide-1",
  "components": [
    {
      "bbox": null,
      "kind": "callout",
      "text": "We require companies in which we invest to make appropriate and timely public disclosure of carbon and other GHG emissions.",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd953-2b64-7193-87fe-9c08b3ca6bf3",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.12,
        "w": 0.3,
        "x": 0.11,
        "y": 0.08
      },
      "kind": "image",
      "text": "TCI Fund Management Limited",
      "attrs": null,
      "subkind": "logo",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "c6d9c6b9-9d50-482a-a2ec-9ba2d39e9a75",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.1,
        "w": 0.78,
        "x": 0.11,
        "y": 0.66
      },
      "kind": "paragraph",
      "text": "We require companies in which we invest to make appropriate and timely public disclosure of carbon and other GHG emissions. TCI fully supports compulsory disclosure on a standardised basis and the use of the TCFD reporting framework.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "a9bd681e-8d19-40c5-bab6-b2d5696426ca",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.78,
        "x": 0.11,
        "y": 0.38
      },
      "kind": "paragraph",
      "text": "TCI Fund Management Limited manages over $30 billion across a range of asset classes. TCI has been a shareholder of Airbus since 2012 and currently owns around 1.5% of the company.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "c27effa2-9b77-4655-9ccf-f26428c6591d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.35,
        "x": 0.11,
        "y": 0.34
      },
      "kind": "title",
      "text": "Carbon Emissions Disclosure",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "c632f294-4168-43a6-97cf-7260dbd96c83",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Executive summary",
      "slug": "executive-summary",
      "agent": null,
      "layer": "slide",
      "matchId": "49147399-dbfb-45e4-a2d2-cfab06cbcccb",
      "evidence": "This slide provides a brief overview of TCI's stance on carbon emissions disclosure, making it an executive summary.",
      "confidence": 0.9
    }
  ],
  "frameworks": [
    {
      "name": "gri-standards",
      "slug": null,
      "matchId": "bb1fbfca-2dbe-4ebf-a7a2-383587308846",
      "evidence": "Reference to standardized carbon emissions disclosure and TCFD framework",
      "confidence": 0.8
    }
  ],
  "arcBeats": [
    {
      "to": 3,
      "from": 1,
      "beatId": "1bb2ad16-af4e-49ab-99d2-b8ba945d9128",
      "arcName": "Problem-Agitate-Solution",
      "arcSlug": "problem-agitate-solution",
      "beatName": "Problem (Identify pain)",
      "beatSlug": "problem-agitate-solution-problem-identify-pain",
      "evidence": "Slides 1-3 discuss Airbus's current emissions and shortcomings",
      "position": 0,
      "confidence": 0.8,
      "parentBeatName": "Complication",
      "parentBeatSlug": "complication"
    }
  ],
  "loops": [],
  "imagePathAlt": "https://imgproxy.kitesheet.com/DQQtGoAUKanDzz8IvIBVIWiNsPC5sXS24eLeUBxF0lk/rs:fit:1200:1200:0/q:82/f:webp/czM6Ly9raXRlc2hlZXQvY29ycHVzL3NsaWRlcy9jNGVkMjRiMDIzODMvcDAwMS5qcGc",
  "thumbSrc": "https://imgproxy.kitesheet.com/89UHNf2EPpN_vbqt8Id9lpH-K6Q7sjmQ2wqnQ_OogGM/rs:fit:480:480:0/q:78/f:webp/czM6Ly9raXRlc2hlZXQvY29ycHVzL3NsaWRlcy9jNGVkMjRiMDIzODMvcDAwMS5wbmc",
  "thumbSrcAlt": "https://imgproxy.kitesheet.com/Kx1kxYBuWVAUX-pFqtgjdnENi4Dqj_CGetCvTTEctUU/rs:fit:480:480:0/q:78/f:webp/czM6Ly9raXRlc2hlZXQvY29ycHVzL3NsaWRlcy9jNGVkMjRiMDIzODMvcDAwMS5qcGc"
}