a) Board’s oversight of climate-related risks and opportunities

i) Processes and frequency by which the board and/or board committees are informed about climate-related issues

ii) Considering climate-related issues when the board: reviews strategy, actions, risk management policies, annual budgets, business plans; sets performance objectives; oversees performance, capital expenditures, acquisitions and divestitures

iii) Monitoring progress towards goals and targets for addressing climate-related issues

b) Management’s role in assessing and managing climate-related risks and opportunities

i) Assigning climate-related responsibilities to management-level positions or committee

ii) Description of the associated organisational structure

iii) Processes by which management is informed about climate-related issues

iv) How managers monitor climate-related issues

a) Climate-related risks and opportunities the organisation has identified over the short, medium and long term

i) What is relevant in short, medium and long term time horizons

ii) Specific climate-related issues potentially arising in each time horizon with a material financial impact on the organisation

iii) Process used to determine which risks and opportunities could have a material financial impact

b) Impact of climate-related risks and opportunities on the organisation’s businesses, strategy and financial planning

i) Impact in the following areas: products and services, supply or value chain, adaptation and mitigation activities, investment in research and development, operations, acquisitions or divestments and access to capital

ii) How climate-related issues serve as an input to the financial planning process, the time period used and how risks and opportunities are prioritised

iii) Impact of climate-related issues on financial performance and position. Describe climate scenarios, if used

iv) Plan for transitioning to a low-carbon economy (GHG emissions targets and activities)

c) Resilience of the organisation’s strategy, taking into consideration different climate-related scenarios, including a 2 °C or lower scenario

i) How strategy may be affected by climate-related risks and opportunities

ii) How strategy might change to address potential risks and opportunities

iii) Potential impact of climate-related issues on financial performance and position

iv) Climate-related scenarios and time horizon

a) Organisation’s processes for identifying and assessing climate-related risks

i) Considering existing and emerging regulatory requirements related to climate change

ii) Processes for assessing the potential size and scope of climate-related risks

iii) Definitions of risk terminology or reference to existing risk classification framework

b) rganisation’s processes for managing climate-related risks

i) Decisions to mitigate, transfer, accept, or control climate-related risks

ii) Processes for prioritising climate-related risks, including materiality determination

c) How processes for identifying, assessing and managing climate-related risks are integrated into the organisation’s overall risk management

a) Metrics used by the organisation to assess climate-related risks and opportunities in line with its strategy and risk management process, provided for historical period

i) Metrics consistent with cross-industry

ii) Metrics associated with water, energy, land use, waste management if applicable

iii) Where relevant, internal carbon prices and revenues from products and services designed for a low-carbon economy

b) Disclose Scope 1, Scope 2 and, if appropriate, Scope 3 GHG emissions and the related risks, provided for historical period

i0 Methodology to calculate or estimate the metrics

c) Targets used by the organisation to manage climate-related risks and opportunities and performance against targets

ii) Whether the target is absolute or intensity-based

ii) Time frames over which the target applies

iiI) Base year from which progress is measured

iv) Key performance indicators used to assess progress against targets

v) Methodologies used to calculate targets and measures