TCFD Recommendations |
Reference |
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GOVERNANCE |
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Organization’s governance around climate related risks and opportunities
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a) Describe the Board’s oversight of climate-related risks and opportunities
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Sustainability governance, pages 55-66 |
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b) Describe management’s role in assessing and managing climate-related risks and opportunities |
Sustainability governance, pages 67-68 |
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STRATEGY |
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Actual and potential impacts of climate-related risks and opportunities on the organisation’s businesses, strategy, and financial planning |
a) Describe the climate-related risks and opportunities identified over the short-, medium-, and long-term
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Risk Management, pages 80-84 |
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b) Describe the impact of climate-related risks and opportunities on businesses, strategy, and financial planning
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Risk Management, pages 80-84 |
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c) Describe the resilience of the strategy, taking into consideration different climate-related scenarios, including a 2°C or lower scenario
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Sustainable development strategy, pages 38-51 |
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RISK MANAGEMENT |
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Process for identifying, assessing, and managing climate -related risks |
a) Describe the processes for identifying and assessing climate-related risks |
Risk Management, pages 69-80
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b) Describe processes for managing climate-related risks
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Risk Management, pages 69-80 |
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c) Describe how the processes for identifying, assessing, and managing climate-related risks are integrated into the overall risk management |
Risk Management, pages 69-80 |
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METRICS AND TARGETS |
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Metrics and targets used to assess and manage relevant climate-related risks and opportunities |
a) Disclose the metrics used to assess climate-related risks and opportunities in line with the strategy and risk management process |
Sustainable development strategy, pages 4 7-51 (e.g. installed capacity from renewable sources) Risk Management, pages 80-84 (e.g. Strategic Plan investments) Governance tools, pages 90- 92 (e.g. MbO system) |
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b) Disclose Scope 1, Scope 2 and Scope 3 greenhouse gas (GHG) emissions, and related risks |
Decarbonization and process efficiency, pages 133-139 |
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c) Describe the objectives used to manage climate change risks and opportunities and performance against the objectives |
Sustainable development strategy, pages 47-51 |