Annual Report 2022
7.11
TCFD recommendations
TCFD recommendations
TCFD Recommended DisclosuresAnnual Report referenceClimate Report 2022 reference
Governancea. Describe the board’s oversight of climate related risks & opportunities4.9 and 5.13.4
b. Describe management’s role in assessing and managing climate-related risks & opportunities4.7 and 4.93.4
Strategya. Describe the climate-related risks & opportunities the organisation has identified over the short, medium, and long-term4.92, 3 and 4
b. Describe the impact of climate-related risks and opportunities on the organisation’s business, strategy & financial planning4.92, 3 and 4
c. Describe the resilience of the organisation’s strategy, taking into consideration different climate-related scenarios, including two-degree or lower scenarios4.93.3
Risk managementa. Describe the organisation’s processes for identifying and assessing climate-related risks4.93.3
b. Describe the organisation’s processes for managing climate-related risks4.93.3
c. Describe how processes for identifying, assessing, and managing climate-related risks are integrated in the organisation’s overall risk management4.7 and 4.93.3
Metrics & targetsa. Disclose the metrics used by the organisation to assess climate-related risks and opportunities in line with its strategy and risk management process4.1 and 4.93.1 and 4
b. Disclose Scope 1, Scope 2, and, if appropriate Scope 3 greenhouse gas (GHG) emissions, and the related risks7.55.5
c. Describe the targets used by the organisation to manage the climate-related risks and opportunities and performance against targets2.5, 2.73.1