TCFD Scenario Analysis for Climate-Related Risks

This document is an analysis that outlines the climate-related risks and opportunities faced by Knowit AB, structured around the Task Force on Climate-related Financial Disclosures (TCFD) framework. It emphasizes the significance of integrating climate considerations within the company’s strategy and processes. The analysis describes Knowit’s governance regarding climate risks, detailing the roles of the Board of Directors, the CEO, and the sustainability team. It discusses the risk management approach undertaken by the company, including the evaluation of transition and physical risks, while highlighting the metrics and targets established to monitor carbon emissions. Knowit sets a reduction target aligned with the Science Based Targets initiative, aiming for a significant decrease in greenhouse gas emissions by 2030. The document presents various scenarios for climate-related risks, identifies critical risks and opportunities, and assesses the implications of regulatory changes on compliance demands. The results are intended to align with Knowit's strategic goals in sustainability and resilience.