RWS AR 23 Final Single pages - Flipbook - Page 48
Task Force on Climate-related
Financial Disclosures ("TCFD")
Recognition of climate-change impacts and the need to
act proactively is increasing. The hottest recorded July,
August and September was experienced in 2023 and,
if action is not taken by all, these changes will become
long lasting. RWS has the desire to lead by example.
This is evidenced by it becoming a signatory of the
TCFD before it became mandatory, and submitting
its intent to set science-based targets ensuring that
RWS can support the achievement of keeping global
temperature rises to 1.5°C or less.
Following our decision in 2021 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
a昀昀ecting 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:
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48
RWS Holdings plc — Annual Report 2023
We comply fully with recommended disclosures 1 to 10.
We comply partially with recommended disclosure 11.
STRATEGIC REPORT