A year in review Economic / Governance Environment Social Appendix TCFD Recommendations We have been carefully considering and managing – with Report, we are already addressing many of the recommended DOWNLOAD increasing scrutiny since the 2015 Paris Agreement – many of the disclosures by TCFD. Alignment is also achieved through our yearly Our CDP questionnaires are found on givaudan.com ▸ investors ▸ ESG ▸ topics addressed by the Task Force on Climate-related Financial submissions of the CDP questionnaire on Climate Change, as CDP report on climate change and CDP report on water security Disclosures (TCFD). Through our comprehensive reporting, shown in the table below. We are increasing our efforts to further including our Integrated Annual Report and our GRI Sustainability enhance the quality and robustness of our analysis and reporting. Thematic area Description Recommended disclosures CDP questionnaire references 2021 Governance Disclose the organization’s a. Describe the board’s oversight of climate-related risks and opportunities. Climate change: C1.1a, C1.1b, C1.2, C1.2a, C1.3a governance around climate-related b. Management's role in assessing and managing climate related risks and opportunities risks and opportunities. Strategy Disclose the actual and potential impacts a. Describe the climate-related risks and opportunities the organization has identified Climate change: C2.1a, C2.2a, C2.3, C2.3a, C2.4, of climate-related risks and opportunities over the short, medium, and long term. C2.4a, C3.1, C3.1b, C3.1d, C3.1e, C3.1f, C3.2, C3.2a, on the organization’s businesses, b. D escribe the impact of climate-related risks and opportunities on the organization’s C3.3, C3.4 strategy, and financial planning where businesses, strategy, and financial planning. such information is material. c. Describe the resilience of the organization’s strategy, taking into consideration Water security: section W4 different climate-related scenarios, including a 2°C or lower scenario. Risk Disclose how the organization a. Describe the organization’s processes for identifying and assessing climate-related risks. Climate change: C2.1, C2.1a, C2.2, C2.2a Management identifies, assesses, and manages climate-related risks. b. Describe the organization’s processes for managing climate-related risks. Water security: section W3.3, W3.3a, W3.3b, W3.3c, W3.3d c. Describe how processes for identifying, assessing, and managing climate-related risks are integrated into the organization’s overall risk management. Metrics and Disclose the metrics and targets used to a. Disclose the metrics used by the organization to assess climate-related risks and Climate change: C2.1a, C2.1b, C2.3a, C2.4a, C4.1, Targets assess and manage relevant climate opportunities in line with its strategy and risk management process. C4.1a, C4.2, C4.2a, C6.1, C6.3, C6.5, C9.1 related risks and opportunities where b. Disclose Scope 1, Scope 2 and, if appropriate, Scope 3 greenhouse gas (GHG) emissions such information is material. and the related risks. Water security: section W4.1a, W8 c. Describe the targets used by the organization to manage climate-related risks and opportunities and performance against targets. 128 Givaudan — 2021 GRI Sustainability Report
