Task Force on Climate-related Financial Disclosures (TCFD) Index

T222 Task Force on Climate-related Financial Disclosures (TCFD) Index
Topic Recommendation for disclosure European Sustainability Reporting Standard Reference to non-financial declaration
GOVERNANCE
Disclosure of governance of climate-related risks and opportunities
a. Supervisory governance of the Supervisory Board with regard to climate-related risks and opportunities ESRS 2 GOV-1 – The role of the administrative, management and supervisory bodies
ESRS 2 GOV-2 – Information provided to and sustainability matters addressed by the undertaking’s administrative, management and supervisory bodies
b. Role of management in assessing and managing climate-related risks and opportunities ESRS 2 GOV-1 – The role of the administrative, management and supervisory bodies
ESRS 2 GOV-2 – Information provided to and sustainability matters addressed by the undertaking’s administrative, management and supervisory bodies
ESRS 2 GOV-3 – Integration of sustainability-related performance in incentive schemes
ESRS 2 IRO-1 – Description of the processes to identify and assess material impacts, risks and opportunities
STRATEGY
Disclosure of the actual and potential impacts of climate-related risks and opportunities on business activities, strategy and financial planning
a. Short-, medium- and long-term climate-related risks and opportunities for the organisation ESRS 2 IRO-1 – Description of the processes to identify and assess material impacts, risks and opportunities
ESRS 2 SBM-3 – Material impacts, risks and opportunities and their interaction with strategy and business model
ESRS E1 IRO-1 – Description of the processes to identify and assess material climate-related impacts, risks and opportunities
b. Impacts of climate-related risks and opportunities on business activities, strategy and financial planning ESRS 2 SBM-3 – Material impacts, risks and opportunities and their interaction with strategy and business model
ESRS E1 SBM-3 – Material impacts, risks and opportunities and their interaction with strategy and business model
ESRS E1 IRO-1 – Description of the processes to identify and assess material climate-related impacts, risks and opportunities
ESRS E1 E1-1 – Transition plan for climate change mitigation
ESRS E1 E1-2 – Policies related to climate change mitigation and adaptation
ESRS E1 E1-3 – Actions and resources in relation to climate change policies
ESRS E1 E1-4 – Targets related to climate change mitigation and adaptation
c. Resilience of the strategy, taking account of various climate-related scenarios, including a 2°C or lower scenario ESRS 2 SBM-3 – Material impacts, risks and opportunities and their interaction with strategy and business model
ESRS E1 SBM-3 – Material impacts, risks and opportunities and their interaction with strategy and business model
ESRS E1 IRO-1 – Description of the processes to identify and assess material climate-related impacts, risks and opportunities
ESRS E1 E1-1 – Transition plan for climate change mitigation
RISK MANAGEMENT
Disclosure of processes to identify, assess and manage climate-related risks
a. Processes to identify and assess climate-related risks ESRS 2 IRO-1 – Description of the processes to identify and assess material impacts, risks and opportunities
ESRS E1 IRO-1 – Description of the processes to identify and assess material climate-related impacts, risks and opportunities
b. Processes to manage climate-related risks ESRS E1 SBM-3 – Material impacts, risks and opportunities and their interaction with strategy and business model
ESRS E1 E1-1 – Transition plan for climate change mitigation
ESRS E1 E1-2 – Policies related to climate change mitigation and adaptation
ESRS E1 E1-3 – Actions and resources in relation to climate change policies
ESRS E1 E1-4 – Targets related to climate change mitigation and adaptation
c. Integration of processes to identify, assess and manage climate-related risks in general risk management ESRS 2 GOV-5 – Risk management and internal controls over sustainability reporting
ESRS 2 IRO-1 – Description of the processes to identify and assess material impacts, risks and opportunities
METRICS AND TARGETS
Disclosure of metrics and targets to assess and manage relevant climate-related risks and opportunities
a. Metrics to assess climate-related risks and opportunities in line with the strategy and processes to manage risk ESRS 2 GOV-3 – Integration of sustainability-related performance in incentive schemes
ESRS E1 GOV-3 – Integration of sustainability-related performance in incentive schemes
ESRS E1 E1-1 – Transition plan for climate change mitigation
ESRS E1 E1-3 – Actions and resources in relation to climate change policies
ESRS E1 E1-4 – Targets related to climate change mitigation and adaptation
ESRS E1 E1-5 – Energy consumption and mix
ESRS E1 E1-6 – Gross Scopes 1, 2, 3 and Total GHG emissions
ESRS E1 E1-7 – GHG removals and GHG mitigation projects financed through carbon credits
b. Scope 1, Scope 2 and Scope 3 greenhouse gas emissions and related risks ESRS E1 E1-6 – Gross Scopes 1, 2, 3 and Total GHG emissions
c. Targets to manage climate-related risks and opportunities as well as the degree to which targets have been achieved ESRS E1 E1-1 – Transition plan for climate change mitigation
ESRS E1 E1-4 – Targets related to climate change mitigation and adaptation