Reigniting growth - Annual Report and Accounts 2024

Strategic Report

Governance Report

Financial Statements

Other Information

Climate-related opportunities and risks

We have summarised the key climate risks and opportunities below. Our short-term horizon looks at a 0-10 year period, our medium-term horizon looks forward 10-20 years and our long-term horizon looks forward at a time horizon of 20+ years.

Key: Low exposure Medium exposure High exposure Opportunities

0-10 years

10-20 years

20+ years

Time horizon

Estimated impact

Products and services Investments: Increased reputation, market share and revenues from capitalising on shifting consumer demand for sustainable investment offerings. Resource efficiency Operations: Opportunity to reduce operating costs by ensuring offices are more energy efficient and reducing waste emissions. Markets Investments: Opportunity to diversify activities and access new markets, increasing reputation and revenue from newly identified low- carbon investment opportunities. Resilience Operations: If BM applies measures to mitigate against the negative impacts of a transition towards a low-carbon economy, and implements climate-related adaptation measures, this could lead to increased organisational resilience.

Medium

Medium

Medium

Medium

High

High

Medium

Medium

Risks Transition risks

0-10 years

10-20 years

20+ years

Time horizon

Estimated impact

Policy and legal Investments: Portfolio company failure to fully respond to climate regulations which could lead to increased costs e.g. high carbon offset costs and decreased asset valuations.

Medium

Medium

Medium

Investments and operations: Increased climate-related regulatory and reporting requirements may lead to increased operational costs for the Group. Low

Low

Brooks Macdonald Group plc Annual Report and Accounts 2024

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