Various comparison tables
TCFD/TNFD Content Index
TCFD Content Index
Governance
Recommendation：Disclose the organization’s governance around climate-related risks and opportunities.
| Recommended disclosure content | Relevant Section | ||
|---|---|---|---|
| a) | The Board of Directors’ oversight system for climate-related risks and opportunities |
Sustainability Report | Climate Action and Natural Capital… p. 120 |
| b) | Management’s role in assessing and managing climate-related risks and opportunities |
Sustainability Report | Climate Action and Natural Capital… pp. 120 and 131 |
Strategy
Recommendation：Disclose the actual and potential impacts of climate-related risks and opportunities on the organization’s
businesses, strategy, and financial planning where such information is material.
| Recommended disclosure content | Relevant Section | ||
|---|---|---|---|
| a) | Climate-related risks and opportunities the organization has identified over the short, medium, and long term |
Sustainability Report | Climate Action and Natural Capital… pp. 121-125 |
| b) | Impact of climate-related risks and opportunities on the organization’s businesses, strategy, and financial planning | Sustainability Report | Climate Action and Natural Capital… p. 126 |
| c) | Resilience of the organization’s strategy, taking into consideration different climate-related scenarios, including a 2°C or lower scenario | Sustainability Report | Climate Action and Natural Capital… pp. 127-130 |
Risk Management
Recommendation：Disclose how the organization identifies, assesses, and manages climate-related risks.
| Recommended disclosure content | Relevant Section | ||
|---|---|---|---|
| a) | Organization’s processes for identifying and assessing climate-related risks | Sustainability Report | Climate Action and Natural Capital… pp. 120 and 131 |
| b) | Organization’s processes for managing climate-related risks | Sustainability Report | Climate Action and Natural Capital… p. 131 |
| c) | How processes for identifying, assessing, and managing climate-related risks are integrated into the organization’s overall risk management | Sustainability Report | Climate Action and Natural Capital… p. 131 |
Metrics and Targets
Recommendation：Disclose the metrics and targets used to assess and manage relevant climate-related risks
and opportunities where such information is material.
| Recommended disclosure content | Relevant Section | ||
|---|---|---|---|
| a） | Metrics used by the organization to assess climate-related risks and opportunities in line with its strategy and risk management process | Sustainability Report | Climate Action and Natural Capital… pp. 132-133 |
| b) | Scope 1, Scope 2 and, if appropriate, Scope 3 greenhouse gas (GHG) emissions and the related risks | Sustainability Report | Climate Action and Natural Capital… pp. 134-145 |
| c） | Targets used by the organization to manage climate-related risks and opportunities, and performance against targets | Sustainability Report | Climate Action and Natural Capital… pp. 132-133 |
TNFD Content Index
Governance
Recommendation：Disclose the organization’s governance around nature-related dependencies, impacts, risks, and opportunities.
| Recommended disclosure content | Relevant Section | ||
|---|---|---|---|
| a） | Board of Directors’ monitoring of nature-related dependencies, impacts, risks, and opportunities | Sustainability Report | Climate Action and Natural Capital… p. 120 |
| b） | Management’s role in assessing and managing nature-related dependencies, impacts, risks, and opportunities | Sustainability Report | Climate Action and Natural Capital… pp. 120 and 131 |
| c） | The organization’s human rights policies and engagement activities concerning Indigenous peoples, local communities, and other affected stakeholders, as well as oversight by the Board of Directors and management | Sustainability Report | Climate Action and Natural Capital… p. 120 |
Strategy
Recommendation：Disclose the impacts of nature-related dependencies, impacts, risks, and opportunities on the
organization’s business, strategy, and financial planning, where such information is material.
| Recommended disclosure content | Relevant Section | ||
|---|---|---|---|
| a） | Nature-related dependencies, impacts, risks, and opportunities identified by the organization over the short, medium, and long term | Sustainability Report | Climate Action and Natural Capital… pp. 121-125 |
| b） | Impacts of nature-related dependencies, impacts, risks, and opportunities on the organization’s business model, value chain, strategy, and financial planning (including transition plans and analyses) | Sustainability Report | Climate Action and Natural Capital… p. 126 |
| c） | Resilience of the organization’s strategy, taking into account various different scenarios | Sustainability Report | Climate Action and Natural Capital… pp. 127-130 |
| d） | Location of assets and operational sites in the organization’s direct operations that meet the requirements of priority regions (where possible, also include those upstream and downstream in the value chain) | Sustainability Report | Climate Action and Natural Capital… pp. 122-123 and 146-152 |
Management of Risks and Impacts
Recommendation：Disclose how the organization identifies, assesses, and manages nature-related dependencies,
impacts, risks, and opportunities.
| Recommended disclosure content | Relevant Section | ||
|---|---|---|---|
| a）1） | Organization’s processes for identifying, assessing, and prioritizing nature-related dependencies, impacts, risks, and opportunities in its direct operations | Sustainability Report | Climate Action and Natural Capital… pp. 120 and 131 |
|
a）2） |
Organization’s processes for identifying, assessing, and prioritizing nature-related dependencies, impacts, risks, and opportunities across its upstream and downstream value chain | Sustainability Report | Climate Action and Natural Capital… p. 131 |
| b） | Organization’s processes for managing nature-related dependencies, impacts, risks, and opportunities | Sustainability Report | Climate Action and Natural Capital… p. 131 |
| c） | How processes for identifying, assessing, prioritizing, and managing nature-related risks are integrated into and reported within the organization’s overall risk management | Sustainability Report | Climate Action and Natural Capital… p. 131 |
Metrics and Targets
Recommendation：Disclose the metrics and targets used to assess and manage important nature-related
dependencies, impacts, risks, and opportunities.
| Recommended disclosure content | Relevant Section | ||
|---|---|---|---|
| a） | Metrics used by the organization to assess and manage important nature-related risks and opportunities in line with its strategy and risk management process | Sustainability Report | Climate Action and Natural Capital… pp. 132-133 |
| b） | Metrics used by the organization to assess and manage dependencies and impacts on nature | Sustainability Report | Climate Action and Natural Capital … pp. 132-146 and 150-152 |
| c） | Targets the organization uses to manage nature-related dependencies, impacts, risks, and opportunities, and its performance against those targets | Sustainability Report | Climate Action and Natural Capital … pp. 132-145 and 150-152 |