Climate Contract Playbook Edition 3
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Details of any evaluation the Company has undertaken on the potential impact of rising climate change-related costs on its business. Could increases in costs materially affect the profitability of its business and, if so, what mitigation efforts have been considered?
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Details of any current or proposed climate change laws and regulations that might impact upon the Company’s business.
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Details of any scenario analysis or stress-testing of the Company's strategy and business model against plausible climate futures, including rapid or disruptive transition scenarios to a 'well-below' 2° or 1.5°C and warming scenarios above 4°C. Details of any other climate change-related current awareness/ horizon activities undertaken by the Company. [●] Which functions within the Company’s business are responsible for climate change measurement, management and reporting? Please provide details of their roles and examples of recent measurements undertaken or reports submitted to the board. [●] Does the Company have a board member or executive committee who is primarily accountable for climate risk measurement, management and reporting or a non-executive director with experience of improving sustainability and mitigating carbon footprint who advises it on these issues? If so, please provide details of their role and examples of recent board discussions that have been led by this board member/NED regarding climate change matters and their impact on the Company’s business. [●] (In so far as you are aware of them) Details of any actions that the Company’s competitors are taking to mitigate or assess the risks and opportunities to their business arising from climate change, and the climate change impacts of the company. How do the Company’s actions compare with the actions of its peers? [●]
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Do you foresee any opportunities for the Company’s business which will arise from the Net Zero transition? If so, please provide details.
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Details of how the Company integrates climate change factors into decision-making?
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Details of any board decisions taken where climate change factors were: (a) given a higher weighting than other commercial factor; or (b) disregarded in favour of other commercial factors.
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