Progressing our TCFD disclosures
We are reporting our compliance reporting with the Task Force on Climate-related Financial Disclosures (TCFD) framework for the second year, building on our prior year disclosures. Given the size and scale of our disclosures, and to provide comprehensive information to our stakeholders in a clear, concise and more accessible format, we have elected to produce a stand-alone TCFD Report for 2022
| Status | |
Governance | |
| Describe the board’s oversight of climate-related risks and opportunities | Compliant |
| Describe management’s role in assessing and managing climate-related risks and opportunities | Compliant |
Strategy | |
| Describe the climate-related risks and opportunities the organisation has identified over the short, medium and long term | Compliant |
| Describe the impact of climate-related risks and opportunities on the organisation’s businesses, strategy and financial planning | Compliant |
| Describe the resilience of the organisation’s strategy, taking into consideration different climate-related scenarios, including a 2°C or lower scenario | Partially compliant |
Risk management | |
| Describe the organisation’s processes for identifying and assessing climate-related risks | Compliant |
| Describe the organisation’s processes for managing climate-related risks | Compliant |
| Describe how processes for identifying, assessing, and managing climate-related risks are integrated into the organisation’s overall risk management | Compliant |
Metrics and targets | |
| Disclose the metrics used by the organisation to assess climate-related risks and opportunities in line with its strategy and risk management process | Partially compliant |
| Disclose Scope 1, Scope 2, and, if appropriate, Scope 3 greenhouse gas (GHG) emissions, and the related risks | Compliant |
| Describe the targets used by the organisation to manage climate-related risks and opportunities and performance against targets | Compliant |