TCFD Recommendations Index

Governance

Recommendations

Supporting Recommended Disclosures

Reference to the Related Section of the Sustainability Report 2021 and to the CDP Questionnaire

Disclose the organization’s governance around climate-related risks and opportunities.

a) Describe the Board’s oversight of climate-related risks and opportunities.

CDP: (C1.1, C1.2)
Sustainability Governance
Risks and Opportunities

b) Describe management’s role in assessing and managing climate-related risks and opportunities.

CDP: (C2.2)
Sustainability Governance
Risks and Opportunities

Strategy

Recommendations

Supporting Recommended Disclosures

Reference to the Related Section of the Sustainability Report 2021 and to the CDP Questionnaire

Disclose the actual and potential impacts of climate-related risks and opportunities on the organization’s businesses, strategy, and financial planning where such information is material.

a) Describe the climate-related risks and opportunities the organization has identified over the short, medium, and long term.

CDP: (C2.1a)
CDP: (C2.3a)
CDP: (C2.4a)
Specific Sustainability Risks and Opportunities
Scenario Analysis

b) Describe the impact of climate-related risks and opportunities on the organization’s businesses, strategy, and financial planning.

CDP: (C2.3a)
CDP: (C2.4a)
Risks and Opportunities
Scenario Analysis
Sustainability Framework
Carbon Emissions Reduction
Energy Transition

c) Describe the resilience of the organization’s strategy, taking into consideration different climate-related scenarios, including a 2°C or lower scenario.

CDP: (C3.2a, C3.3, C3.4)
Scenario Analysis
Sustainability Framework
Energy Transition

Risk Management

Recommendations

Supporting Recommended Disclosures

Reference to the Related Section of the Sustainability Report 2021 and to the CDP Questionnaire

Disclose how the organization identifies, assesses, and manages climate-related risks.

a) Describe the organization’s processes for identifying and assessing climate-related risks.

CDP: (C2.2)
Risks and Opportunities
Specific Sustainability Risks and Opportunities
Scenario Analysis

b) Describe the organization’s processes for managing climate-related risks.

CDP: (C2.2)
CDP: (C2.2a)
Sustainability Governance
Risks and Opportunities
Specific Sustainability Risks and Opportunities

c) Describe how processes for identifying, assessing, and managing climate-related risks are integrated into the organization’s overall risk management.

CDP: (C2.2)
Risks and Opportunities
Specific Sustainability Risks and Opportunities

Metrics and Targets

Recommendations

Supporting Recommended Disclosures

Reference to the Related Section of the Sustainability Report 2021 and to the CDP Questionnaire

Disclose the metrics and targets used to assess and manage relevant climate-related risks and opportunities where such information is material.

a) Disclose the metrics used by the organization to assess climate-related risks and opportunities in line with its strategy and risk management process.

CDP: (C1.3a)
CDP: (C2.3)
CDP: (C2.4)
CDP: (C11.3a)
Sustainability Governance
Scenario Analysis
Targets

b) Disclose Scope 1, Scope 2, and, if appropriate, Scope 3 greenhouse gas (GHG) emissions, and the related risks.

CDP: (C6.1)
CDP: (C6.2)
CDP: (C6.3)
Carbon Emissions Reduction
Energy Transition
Environmental Data

c) Describe the targets used by the organization to manage climate-related risks and opportunities and performance against targets.

CDP: (C4.1b)
Sustainability Framework
Targets

Specific Energy Group Metrics for the Oil and Gas Sector

Expenditures (OPEX) for low-carbon alternatives (e.g., R&D, equipment, products, or services)

EU Taxonomy Reporting

Percentage of water withdrawn in regions with High or Extremely High Baseline Water Stress

Water
Environmental Data

Revenues/savings from investments in low-carbon alternatives (e.g., R&D, equipment, products, or services)

EU Taxonomy Reporting

Investment (CAPEX) in low-carbon alternatives (e.g., capital equipment or assets)

Sustainability Framework
EU Taxonomy Reporting

Percentage of water withdrawn in regions with High or Extremely High Baseline Water Stress

Water
Environmental Data

Amount of gross global Scope 1 emissions from: (1) combustion, (2) flared hydrocarbons, (3) process emissions, (4) directly vented releases, and (5) fugitive emissions/leaks

CDP: (C7.1b)