Summary
This report is categorized as a climate risk report and provides EIG’s group-level climate-related disclosures, aligning with the International Financial Reporting Standards (IFRS) S2 Climate-Related Disclosure Standard. The report aims to enhance transparency regarding material climate-related risks and opportunities that may impact cash flows, access to finance, or cost of capital over various time horizons. EIG adopts a climate-first approach, focusing on climate-related risks and opportunities while delaying certain disclosures under IFRS S1. The report covers EIG's outstanding capital as of December 31, 2024, and includes data from January 1, 2022, to December 31, 2024. It discusses the integration of climate considerations into governance, strategy, and risk management processes. The document outlines the evolving nature of climate-related impacts and emphasizes the importance of aligning investment strategies with global climate goals. It also highlights the necessity for private sector involvement in addressing climate challenges, given the significant investment required to achieve net-zero emissions by 2035.
