Our historical approach

Over the years, we have built a strong climate governance structure that ensures accountability, drives initiatives, and aligns with global best practices. The TCFD has historically served as a cornerstone of this approach, driving our climate-related reporting and risk management strategies. 

\r\n In recent years, the landscape of corporate sustainability has undergone a massive consolidation. In late 2023, the TCFD was officially disbanded — not because it failed, but because its foundational work was complete. Its monitoring responsibilities were handed over to the International Sustainability Standards Board (ISSB) to help create a unified global baseline.

\r\n The resulting ISSB framework (specifically IFRS S1 and S2) fully absorbs the TCFD’s familiar four-pillar architecture but goes significantly further, demanding more prescriptive data, industry-specific metrics, and rigorous greenhouse gas reporting.…