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 |