Climate Risk Management and Strategy Report 2024

This report is a comprehensive analysis of Univers' approach to assessing and managing climate-related risks and opportunities, aligning with the recommendations of the Task Force for Climate-related Financial Disclosures (TCFD) and ISSB S2 standards. It outlines the governance structure in place, which includes oversight from the Board of Directors and management by the Sustainability Steering Committee (SSC). The report details the company's strategy to achieve net-zero greenhouse gas emissions by 2040, including the implementation of science-based emission reduction targets. It describes a qualitative risk assessment using climate scenarios to evaluate potential impacts on the business. The report also presents a risk management process that identifies, analyzes, and responds to climate-related risks, ensuring continuous monitoring and adjustment. Furthermore, it highlights the opportunities for growth in the low-carbon economy, particularly through software solutions that facilitate the energy transition. The document concludes with metrics and targets for sustainability efforts.