Sustainability Report 2024

Disclosures in Line with TCFD Recommendations

Disclosures in Line with TCFD Recommendations
Overview of TCFD Recommendations		INPEX’s Disclosures
Governance
Disclose the company’s governance around climate-related risks and opportunities
1	Describe the board’s oversight of climate-related risks and opportunities	Sustainability at INPEX > Sustainability Management > Sustainability Structure
2	Describe management’s role in assessing and managing climate-related risks and opportunities	Sustainability at INPEX > Sustainability Management > Sustainability Structure
Strategy
Disclose the actual and potential impacts of climate-related risks and opportunities on the company’s businesses, strategy, and financial planning where such information is material
1	Describe the climate-related risks and opportunities the company has identified over the short, mid and long term	FY2024 Status of Climate-related Risks FY2024 Status of Climate-related Opportunities
2	Describe the impact of climate-related risks and opportunities on the company’s businesses, strategy and financial planning	INPEX Vision 2035 Corporate Position on Climate Change
3	Describe the resilience of the company’s strategy, taking into consideration different climate-related scenarios, including a 2°C or lower scenario	INPEX’s Low-carbon Society Scenarios Transition Risk Assessment Physical Risk Assessment
Risk Management
Disclose how the company identifies, assesses and manages climate-related risks
1	Describe the company’s processes for identifying and assessing climate-related risks	Risk Management
2	Describe the company’s processes for managing climate-related risks	Risk Management
3	Describe how the company's processes for identifying, assessing, and managing climate-related risks are integrated into the company’s overall risk management	Risk Management Structure
Metrics and Targets
Disclose the metrics and targets used to assess and manage relevant climate-related risks and opportunities where such information is material
1	Disclose the metrics used by the company to assess climate-related risks and opportunities in line with its strategy and risk management process	Targets
2	Disclose Scope 1, Scope 2, and, if appropriate, Scope 3 GHG emissions, and the related risks	Performance Data: Climate Change <Target Management>
3	Describe the targets used by the company to manage climate-related risks and opportunities and results against targets	Targets

Seven Metrics of Disclosure in Line with TCFD Guidance of Metrics, Targets, and Transition Plans
Overview of Metrics		INPEX’s Disclosures	Pages
1	Capital deployment	What INPEX aims to achieve by 2035	INPEX Vision 2035: Realizing a Responsible Energy Transition
2	Climate-related opportunities	Balanced cash allocation in growth investments and shareholder returns	INPEX Vision 2035: Realizing a Responsible Energy Transition
3	Remuneration	Compensation	Sustainability at INPEX > Sustainability Management > Sustainability Structure
4	Physical risks	Physical Risk Assessment	Physical Risk Assessment
5	Transition risks	Transition Risk Assessment	Transition Risk Assessment
6	Internal carbon prices	Transition Risk Assessment	Transition Risk Assessment
7	GHG emissions	Scope 1, 2, 3	Result

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