Climate change is one of the most profound challenges facing society in the 21st century. In our efforts to support the transition to a low emission future we follow the recommendations by the Task Force on Climate-related Financial Disclosures (TCFD). Our TCFD index provides insights into our governance frameworks, strategic approaches, risk management practices, resilience assessments, metrics and targets, as well as a summary of our environmental performance.
The TCFD disclosures were not part of the limited assurance engagement conducted by an independent auditor for our Sustainability Statement 2025.
| TCFD core elements | Required information | Reference | ||
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Governance |
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Disclosure of the organization’s governance around climate-related risks and opportunities. |
A. Executive Board’s oversight of climate-related risks and opportunities |
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B. Management’s role in assessing and managing climate related risks and opportunities |
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Strategy |
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Disclosure of 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. |
A. Description of climate-related opportunities and risks the organization has identified over the short, medium and long term |
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B. Impact of climate-related risks on the organization’s businesses, strategy, and financial planning |
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C. Resilience of the organization’s strategy, taking into consideration different climated-related scenarios |
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Risk management |
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Disclosure of how the organization identifies, assesses, and manages climate-related risks. |
A. Organization’s processes for identifying and assessing climate-related risks |
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B. Organization’s processes for managing climate-related risks |
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C. Integration of processes for identifying, assessing, and managing climate-related risks are integrated into the organization’s overall risk management |
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Metrics and targets |
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Disclose the metrics and targets used to assess and manage relevant climate-related risks and opportunities where such information is material. |
A. Metrics used by the organization to assess climate-related risks and opportunities in line with its strategy and risk management process |
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B. Disclosure of Scope 1, Scope 2, and, Scope 3 greenhouse gas (GHG) emissions, and the related risks |
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C. Targets used by the organization to manage climate-related risks and opportunities and performance against targets |
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