TCFD annex

TCFD recommendations Index

Recommendations:
Disclose the organization’s governance around climate- related risks and opportunities
  • Disclosure a)

Describe the board’s oversight of climate related risks and opportunities.

  • Disclosure b)

Describe management’s role in assessing and managing climate related risks and opportunities.

Recommendations:
Disclosure the actual and potential impacts of climate-related risks and opportunities on the organization’s businesses, strategy and financial planning were such information is material.
  • Disclosure a)

Describe the climate related risks and opportunities the organization has identified over the short, medium, and long term.

  • Disclosure b)

Describe the impact of climate-related risks and opportunities on
the organization’s businesses, strategy, and financial planning.

  • Disclosure c)

Describe the resilience of the organization’s strategy, taking into
consideration different climate related scenarios, including a 2°C or lower scenario.

Recommendations:
Disclose how the organization identifies, assesses and manages climate –related risks
  • Disclosure a)

Describe the organization’s processes for identifying and assessing climate-related risks.

  • Disclosure b)

Describe the organization’s processes for managing climate related risks.

  • Disclosure c)

Describe how processes for identifying, assessing, and managing climate related risks are integrated into the organization’s overall risk management.

Recommendations:
Discloses the metrics and targets used to assesses and manage relevant climate related risks and opportunities where such information is material.
  • Disclosure a)

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

  • Disclosure b)

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

  • Disclosure c)

Describe the targets used by the organization to manage climate related risks and opportunities and performance against targets.