| Disclosure Focus Area | Recommended Disclosure | Reference |
|---|---|---|
| Governance | ||
| Disclose the organization’s governance around climate-related risks and opportunities. | a) Describe the board’s oversight of climate-related risks and opportunities. |
See Board Oversight and Responsibility for Climate Change |
| b) Describe management’s role in assessing and managing climate-related risks and opportunities. |
See Management-level ESG Steering Committee |
|
| Strategy | ||
| Disclose the actual and potential impacts of climate-related risks and opportunities on the organization’s businesses, strategy and financial planning. | a) Describe the climate-related risks and opportunities the organization has identified over the short, medium, and long term. |
See CLIMATE CHANGE and OPPORTUNITIES IN CLEAN TECH |
| b) Describe the impact of climate-related risks and opportunities on the organization’s businesses, strategy, and financial planning. |
See ENVIRONMENTAL MANAGEMENT SYSTEM and CLIMATE CHANGE |
|
| c) Describe the potential impact of different scenarios, including a 2°C scenario, on the organization’s businesses, strategy, and financial planning. | N/A | |
| Risk Management | ||
| Disclose how the organization identifies, assesses and manages climate-related risks. | a) Describe the organization’s processes for identifying and assessing climate-related risks. |
See Process of Identifying Risks and RISK MANAGEMENT |
| b) Describe the organization’s processes for managing climate-related risks. |
See CLIMATE CHANGE and RISK MANAGEMENT |
|
| c) Describe how processes for identifying, assessing, and managing climate-related risks are integrated into the organization’s overall risk management. |
See RISK MANAGEMENT |
|
| Metrics and Targets | ||
| Disclose the metrics and targets used to assess and manage relevant climate-related risks and opportunities. | a) Disclose the metrics used by the organization to assess climate-related risks and opportunities in line with its strategy and risk management process. |
See Air pollution management, WATER MANAGEMENT, and WASTE MANAGEMENT |
| b) Disclose Scope 1, Scope 2, and, if appropriate, Scope 3 greenhouse gas (GHG) emissions, and the related risks. |
See GHG EMISSIONS |
|
| c) Describe the targets used by the organization to manage climate-related risks and opportunities and performance against targets. |
See Magnachip Environmental Targets |
