As a business, we fully support the aims and implementation of the Task Force on Climate-Related Financial Disclosures (“TCFD”), and we will continue to build on and improve on our actions and disclosures as we embed climate-related risks and opportunities into our business and strategy.
ESG (including climate-related considerations) is recognised as a principal risk and our focus over the past year has been on understanding how climate-related risks and opportunities will impact upon the Group in a changing climate, using scenario analysis to enhance our understanding and how financial impacts could change in a range of future scenarios. We have also significantly progressed our understanding of the actions that will need to be taken to decarbonise our platform and our assets, to ensure resilience against a range of transition risks.
Our TCFD Report can be found in full on pages 55 to 65 of Annual Report and Accounts 2023