TCFD Index

The Financial Stability Board Task Force on Climate-related Financial Disclosure (TCFD) has developed voluntary, consistent climate-related financial risk disclosures for use by companies in providing information to investors, lenders, insurers and other stakeholders. The table below links to where the relevant information can be found on our website, in our 2021 Annual Report, Form 10-K, and in our most recent CDP Climate Change survey response.

TCFD Disclosure Location of Disclosure
Governance
a) Board’s oversight of climate related risks
Process and frequency of information Board Oversight
Executive Management
CDP 2021
Influence on business planning and goals Integrating Climate-Related Risks into ERM
Managing Sustainable Development Risks
Board Oversight
Executive Management
Key Processes
Climate Change Action Plan
How the Board assesses progress against goals Board Oversight
GHG Emissions Intensity Target
b) Management’s role in assessing and managing climate-related risks
Responsibilities for climate-related risks Governance Framework
Executive Management
Organizational Management
CDP 2021
Description of organization structure Executive Management
Organizational Management
CDP 2021
Process of communication Executive Management
Managing Sustainable Development Risks
Key Processes
CDP 2021
Process for monitoring Executive Management
Managing Sustainable Development Risks
Key Processes
Strategy
a) Near, medium and long-term climate- related risks
Description of time horizons Near, Medium and Long-Term Risks
CDP 2021
Specific risks that could be material for each time horizon Near, Medium and Long-Term Risks
CDP 2021
Process to determine material risks Assessing Climate-Related Risks
Managing Sustainable Development Risks
b) Impact on business, strategy and planning
Impact on business and strategy Impact on Business and Strategy
Climate Change Action Plan
Energy Outlook
Plan for the Net-Zero Energy Transition
Form 10-K
CDP 2021
Impact on financial planning, timing and prioritization Financial Planning
CDP 2021
Form 10-K
How risks are integrated into current decision-making and strategy formulation Risk Management
Key Processes
Scenario Planning
Climate Change Action Plan
CDP 2021
Describe climate-related strategies Scenario Planning
c) Resilience of strategy using 2-degree or lower scenarios Scenario Planning
Financial Planning
Risk Management
a) Process to assess climate-related risks
Risk management process Assessing Climate-Related Risks
Managing Sustainable Development Risks
Existing and emerging regulatory requirements Risk Management
Assessing Climate-Related Risks
Managing Sustainable Development Risks
Form 10-K
Process for assessing size and scope of risk Assessing Climate-Related Risks
Managing Sustainable Development Risks
b) Process to manage climate-related risks Managing Climate-Related Risks
CDP 2021
c) Integration of risk process into overall risk management Managing Climate-Related Risks
Key Processes
Metrics and Targets
a) Metrics used to assess climate-related risks Our Performance
Plan for the Net-Zero Energy Transition
GHG Emissions
Water
Verification and Assurance
b) Scope 1 and Scope 2 emissions GHG Emissions
c) Describe targets used GHG Emissions Intensity Target
CDP 2021