What is the likelihood of the risk materialising?
Climate-related risks and opportunities
It is clear that climate change can cause both risks and opportunities for our operations. Increased awareness and understanding of climate-related risks and opportunities within the companies lead to better risk management and a better informed strategic organisation. Nasdaq’s EGS guidelines ask whether companies cover climate change-related risks in board meetings (as part of the formal programme). In executive board meetings (as part of the formal programme) a positive response has been given to that question with a reference to tcfd (task force on Climate-Related Financial Disclosures) for support. An importance analysis based on the ESRS standards, which took effect in 2024, has yet to be made. In the analysis, the categories published by ESRS are used as a reference, and risks and opportunities are analysed based on factors in excess to those established by tcfd.