Summary disclosure against TCFD recommendations
Risk Management Processes for identifying and assessing climate-related risks
As part of our established Operational Resilience Programme, at the present time, our assessment has suggested that the Group’s operations are not materially exposed to acute physical risks due to the low risk of extreme weather events in any of our office locations and third-party supplier locations. However, such events could have a material impact on our ability to deliver our services. Our main approach to managing the transition risks of climate change for our operations is our net zero by 2030 strategy. To advance our ESG agenda, we have established the ESG Advisory Committee (“ESGAC”), comprising senior business representatives from across the Group. The three areas of focus within the strategic framework are responsible investing, corporate and operational, and people and charity. The Group uses various metrics to measure and manage the climate-related impacts and risks of its investments, including weighted average carbon intensity, financed emissions, and financed emissions per M$ invested. These are informing progress towards setting climate- related targets. The Group has also disclosed its emissions produced through its own operational activities. These are disclosed in the full report, as well as our Responsible business report on pages 51 and 52. This data will allow us to set emission-based targets on our journey to achieving net zero in our operations by 2030.
Processes for managing climate-related risks
How we integrate these risks into our overall risk management
Metrics and Targets Disclose the metrics and targets used to assess and manage relevant climate- related risks and opportunities where such information is available.
54 Brooks Macdonald Group plc Annual Report and Accounts 2024
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