Climate-Related Financial Risk Report for Highspring LLC

This technical report presents Highspring LLC's inaugural climate-related financial risk assessment, prepared in accordance with the Task Force for Climate-related Financial Disclosures recommendations and California SB-261. The report evaluates climate-related risks, including both physical and transition risks, utilizing reputable data sources such as the FEMA National Risk Index. It outlines the governance structure overseeing climate-related risks, detailing the roles of the Board of Managers and the Advisory Committee in integrating sustainability into corporate strategy. The report describes the processes for identifying, assessing, and managing climate-related risks, emphasizing the integration of these risks into Highspring's overall risk management framework. It identifies various climate-related risks and opportunities across short, medium, and long-term horizons, discussing their implications for business operations and financial planning. The report also includes metrics for assessing climate-related risks and discloses greenhouse gas emissions, highlighting the importance of compliance and strategic planning in addressing climate challenges.