Experian ESG Presentation Deck slide image

Experian ESG Presentation Deck

Executive Summary Environment - TCFD reporting (part 3) Improving Financial Health 60 Data Employees We recognise the potential for climate-related risks and opportunities to affect our business, and we are following the TCFD recommendations to help us assess these. We have reviewed the climate risks and opportunities that exist across our business lines, and across the regions in which we operate, by engaging with key internal stakeholders. This process has enabled us to create a comprehensive climate risk and opportunity register identifying a wide range of physical and transitional climate- related risks and opportunities across short- (one to two years), medium- (two to five years) and long-term (five or more years) timeframes. This climate-specific risk and opportunity register has been developed in accordance with our Global Risk Management framework to ensure the review was performed as a fully integrated process. We previously identified eight climate-related risks and four climate-related opportunities that are material to our business, based on a high-level assessment of their likelihood and the potential severity of their impact on the business (more detail on this initial assessment is published on page 54 of our Annual Report 2021). O Experian Public 1 Supply Chain Strategy The material risks are defined as those that have the potential to have a significant effect on our operations, strategy or financial performance if they are not suitably controlled. The material opportunities are those that have the potential to enhance the financial performance of the business. Our work in this area consisted of a high-level assessment of climate-related risks and opportunities considering the likelihood of the risk occurring and the severity of the impact on the business. Environment ● Governance Policies & Data tables Appendix Bexperian. Scenario analysis: This year, we worked with external experts to conduct a climate scenario analysis. The starting point for our work was to take the risks and opportunities we identified last year. This year, we worked with external experts to conduct a climate scenario analysis. The starting point for our work was to take the risks and opportunities we identified last year. High-carbon scenario (4°C): A 'worst-case' scenario of climate change that projects global greenhouse gas emissions continuing to rise (based on Representative Carbon Pathway, RCP8.5). In this scenario, substantial physical impacts of climate change arise. Low-carbon scenario (2°C): An 'aggressive mitigation' scenario that limits the global temperature rise to below 2°C (based on the International Energy Agency's Sustainable Development Scenario). In this scenario, transitional risks predominate. We used these scenarios to assess our exposure and vulnerability to climate-related risks, demonstrate the resilience of our climate change strategy, and gain a high-level understanding of the financial implications associated with the risks and opportunities under the two different future scenarios. The table on the next page outlines Experian's climate-related risks and opportunities, and the "Overview" column provides insight into the impacts of the risks and opportunities on Experian's business, strategy and financial planning. Representative Carbon Pathway 2.6 (RCP 2.6) is a climate model based on a greenhouse gas projection that requires global CO₂e start declining by 2020 and reach zero by 2100, representing a 'best-case scenario'. RCP 8.5 is a climate model based on a greenhouse gas projection that projects global CO₂e continue to rise, representing a 'worst-case scenario' of climate change.
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