TCFD Recommendations
Overview of the TCFD Recommendations |
INPEX’s Disclosures |
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Governance |
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Disclose the organization’s governance around climate-related risks and opportunities |
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1 |
Describe the board’s oversight of climate-related risks and opportunities |
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2 |
Describe management’s role in assessing and managing climate-related risks and opportunities |
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Strategy |
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Disclose the organization’s governance around climate-related risks and opportunities |
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1 |
Describe the climate-related risks and opportunities the organization has identified over the short, medium and long term |
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2 |
Describe the impact of climate-related risks and opportunities on the organization’s businesses, strategy and financial planning |
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3 |
Describe the resilience of the organization’s strategy, taking into consideration different climate-related scenarios, including a 2°C or lower scenario |
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Risk Management |
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Disclose how the organization identifies, assesses and manages climate-related risks |
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1 |
Describe the organization’s processes for identifying and assessing climate-related risks |
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2 |
Describe the organization’s processes for managing climate-related risks |
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3 |
Describe how processes for identifying, assessing, and managing climate-related risks are integrated into the organization’s overall risk management |
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Metrics and targets |
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Disclose the metrics and targets used to assess and manage relevant climate-related risks and opportunities where such information is material |
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1 |
Disclose the metrics used by the organization to assess climate change-related risks and opportunities in line with its strategy and risk management process |
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2 |
Disclose Scope 1, Scope 2, and, if appropriate, Scope 3 GHG emissions, and the related risks |
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3 |
Describe the targets used by the organization to manage climate change-related risks and opportunities and performance against targets |
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Overview of Metrics |
INPEX’s Disclosure |
Pages |
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|---|---|---|---|
1 |
Capital Deployment |
Investment from 2022 to 2030 |
Long-term Strategy and Medium-term Business Plan (INPEX Vision @2022) |
2 |
Climate-Related Opportunities |
Operating cash flow around 2030 |
Long-term Strategy and Medium-term Business Plan (INPEX Vision @2022) |
3 |
Remuneration |
Climate Change Response and Directors’ Compensation |
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4 |
Physical Risks |
Assessment process for physical risks |
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5 |
Transition Risks |
Financial Impact Assessment of Transition Risks |
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6 |
Internal Carbon Prices |
Financial Impact Assessment of Transition Risks |
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7 |
GHG emissions |
Scope 1, 2, 3 (ESG Performance Data) |
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