SN.5 - Task Force on Climate-related Financial Disclosures (TCFD)

Topic

Description

Reference

Governance

Board's oversight of climate-related risks and opportunities.

ESRS 2 GOV-1

Management's role in assessing and managing climate-related risks and opportunities

ESRS 2 GOV-1

Strategy

Climate-related risks and opportunities the company has identified over the short, medium, and long term.

ESRS E1 SBM-3 ESRS E1-1

Impact of climate-related risks and opportunities on the company's businesses, strategy, and financial planning.

ESRS E1 SBM-3 ESRS E1-1

Resilience of the company's strategy, taking into consideration different climate-related scenarios, including a 2°C or lower scenario.

ESRS E1-9

Risk Management

Processes for identifying and assessing climate-related risks

ESRS E1 IRO-1

Processes for managing climate-related risks.

ESRS E1-2

Processes for identifying, assessing, and managing climate-related risks are integrated into the company's overall risk management.

ESRS E1-2

Metrics & Targets

Metrics used by the company to assess climate-related risks and opportunities in line with its strategy and risk management process.

ESRS 2 MDR-M

Scope 1, Scope 2, and, if appropriate, Scope 3 greenhouse gas (GHG) emissions, and the related risks.

ESRS E1-6

Targets used by the company to manage climate-related risks and opportunities and performance against targets.

ESRS 2 MDR-T ESRS E1-4