Welcome & About Whistl
Task Force on Climate-related Financial Disclosures (TCFD)
A summary of our performance against each supporting disclosure is outlined in the sections below, and a reference table can be found on page 38. The climate-related risks and opportunities deemed most material to Whistl have been summarised on page 35, alongside our management approach to control their impact on the business. We will continue to closely monitor the effects of climate change and the transitioning economy, adapting and enhancing our resilience for the times ahead. Governance We view climate issues as material to the day-to-day operations of our organisation, and we continue to adhere to all relevant climate-related regulatory requirements. As we strive to increase our resilience towards the changing climate, it is vital that we have strong governance to efficiently manage corresponding climate- related risks and opportunities. Ultimately, our Head of ESG and Sustainability and our Business Services and ESG Director hold responsibility for the management of our climate-related risks and opportunities. This includes the overall coordination and ongoing monitoring of identified risks through our audit, risk and compliance management software, Symbiant. Through the governance structure that we have in place, climate-related risks and opportunities are managed at the appropriate operational levels, and actions are communicated through the designated channels. Our comprehensive approach to ESG governance, including climate-related issues, is outlined on page 11.
At Whistl, we recognise that our operations and business model – both now and in the future – face climate-related risks. Recent global events and weather patterns illustrate the reality of climate change for our planet. The transition to a low-carbon economy is necessary and unstoppable, and Whistl has committed to navigating the challenges to create a more sustainable future for all. We owe it to our colleagues, customers, communities and the environment to play our role in the fight against climate change and in addressing the risks that it poses to our business. This promise underlines our commitment to aligning with the Task Force on Climate-related Financial Disclosures (TCFD) and includes the development of a climate scenario risk mitigation plan. To this end, in 2023, we focused on enhancing our understanding of climate-related financial risks and opportunities and their potential impact on our business. Over the year, we undertook the development of our net-zero target and decarbonisation strategy. By taking a science-based approach to our emissions reduction target and backing that up with climate-related KPIs, targets and strategic actions, we are setting ourselves up to steadily decarbonise. Alongside this, we have devoted time and resources to ensuring the physical states of our facilities are adapted to a changing climate and to keeping our workers and assets safe. These actions have strengthened our resilience to climate-related risks, and we will continue to report our progress towards adaptation and transition.
Whistl’s ESG strategy
Valuing colleagues
Fulfilling opportunities
Preserving our natural environment
Our approach is structured in line with the four TCFD recommendations and supporting disclosures:
Task Force on Climate-related Financial Disclosures
• Governance • Strategy
• Risk management • Metrics and targets
Appendices
33
2023 ESG Report
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