Disclosure Focus Area Recommended Disclosure Reference
Governance    
Disclose the organization’s governance around climate-related risks and opportunities. a) Describe the board’s oversight of climate-related risks and opportunities. See Board Oversight and Responsibility for Climate Change
  b) Describe management’s role in assessing and managing climate-related risks and opportunities. See Management-level ESG Steering Committee
Strategy    
Disclose the actual and potential impacts of climate-related risks and opportunities on the organization’s businesses, strategy and financial planning. a) Describe the climate-related risks and opportunities the organization has identified over the short, medium, and long term. See CLIMATE CHANGE and OPPORTUNITIES IN CLEAN TECH
  b) Describe the impact of climate-related risks and opportunities on the organization’s businesses, strategy, and financial planning. See ENVIRONMENTAL MANAGEMENT SYSTEM and CLIMATE CHANGE
  c) Describe the potential impact of different scenarios, including a 2°C scenario, on the organization’s businesses, strategy, and financial planning. N/A
Risk Management    
Disclose how the organization identifies, assesses and manages climate-related risks. a) Describe the organization’s processes for identifying and assessing climate-related risks. See Process of Identifying Risks and RISK MANAGEMENT
  b) Describe the organization’s processes for managing climate-related risks. See CLIMATE CHANGE and RISK MANAGEMENT
  c) Describe how processes for identifying, assessing, and managing climate-related risks are integrated into the organization’s overall risk management. See RISK MANAGEMENT
Metrics and Targets    
Disclose the metrics and targets used to assess and manage relevant climate-related risks and opportunities. a) Disclose the metrics used by the organization to assess climate-related risks and opportunities in line with its strategy and risk management process. See Air pollution management, WATER MANAGEMENT, and WASTE MANAGEMENT   
  b) Disclose Scope 1, Scope 2, and, if appropriate, Scope 3 greenhouse gas (GHG) emissions, and the related risks. See GHG EMISSIONS
  c) Describe the targets used by the organization to manage climate-related risks and opportunities and performance against targets. See Magnachip Environmental Targets