RWS Annual Report 2022 web - Flipbook - Page 48
Task Force on Climate-related
Financial Disclosures (TCFD)
Greenhouse gas concentrations are at their
highest in two million years and emissions are
continuing to rise. We all need to work together in
helping the world transition to net zero and RWS
is committed to helping achieve this. In 2021 we
became a signatory to the Task Force on Climaterelated Financial Disclosures and for the first
time disclosed against the framework, although
voluntary, and have continued to work towards
aligning ourselves and adopting the TCFD ahead
of it becoming mandatory in April 2022.
Following our decision last year to start reporting in line with TCFD
early, these disclosures include our actions taken to date to align our
climate risk disclosures with the TCFD recommendations. Doing so
will enable our stakeholders to understand the ways in which climate
change is affecting our business now, and in the future, as well as the
steps that we are taking.
In meeting the requirements of Financial Conduct Authority (FCA) listing
rule 9.8.6R in respect of TCFD we have concluded that:
•
•
We comply fully with recommended disclosures 1, 2, 3, 6, 7, 8 and 10
We comply partially with recommended disclosures 4, 5, 9 and 11
We expect to be fully compliant by next year when reporting becomes
mandatory for RWS.
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RWS — Annual Report 2022
STRATEGIC REPORT