Task Force on Climate-Related Financial Disclosures (TCFD) Index
Recommended Disclosure | Location |
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Governance Disclose the 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. | Governance and Oversight |
b) Describe management’s role in assessing and managing climate-related risks and opportunities. | Governance and Oversight; Climate-Related Risks; Risk Management |
Strategy Disclose the actual and potential impacts of climate-related risks and opportunities on the organization’s businesses, strategy, and financial planning where such information is material. |
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a) Describe the climate-related risks and opportunities the organization has identified over the short, medium and long term. | Climate-Related Risks |
b) Describe the impact of climate-related risks and opportunities on the organization’s businesses, strategy and financial planning. | Climate-Related Risks; Risk Management |
c) Describe the resilience of the organization’s strategy, taking into consideration different climate-related scenarios, including a 2°C or lower scenario. (1) | Risk Management |
Risk Management Disclose how the organization identifies, assesses, and manages climate-related risks. |
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a) Describe the organization’s processes for identifying and assessing climate-related risks. | Governance and Oversight; Climate-Related Risks; Risk Management |
b) Describe the organization’s process for managing climate-related risks. | Governance and Oversight; Climate-Related Risks; Risk Management |
c) Describe how processes for identifying, assessing and managing climate-related risks are integrated into the organization’s overall risk management. | Governance and Oversight; Climate-Related Risks; Risk Management |
Metrics and Targets Disclose the metrics and targets used to assess and manage relevant climate-related risks and opportunities where such information is material. |
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a) Disclose the metrics used by the organization to assess climate-related risks and opportunities in line with its strategy and risk management process. | Risk Management |
b) Disclose Scope 1, Scope 2 and, if appropriate, Scope 3 greenhouse gas (GHG) emissions and the related risks. (1) | Risk Management |
c) Describe the targets used by the organization to manage climate-related risks, and opportunities and performance against targets. (1) | Risk Management |
(1) We expect to provide certain disclosures fully aligned with the TCFD recommendations in future sustainability reports.