TCFD Analysis Summary
Our current analysis is as follows:
- The physical risk to our productive assets and our people is low. We have put in place a process to regularly review facilities against extreme climate and weather events
- We expect minimal impact on our business in the transition to a low carbon economy. We will continue to monitor emerging issues including the evolving regulatory and carbon tax environment
- The world’s focus on leveraging technology and innovation to address climate change presents opportunities for the Group. This is aligned with our target to increase our sustainability-linked revenue to over S$3 billion by 2026
We have updated our Group ERM framework to incorporate climate-related considerations. We have also launched the Emerging Risks Framework to identify, analyse and recommend actions on emerging risks on the longer-term horizon. Our GTT will drive and coordinate efforts across our businesses to leverage the unique opportunities presented.
