Climate Scenario Analysis: Transitional Risk
In 2020, we published our inaugural Corporate Responsibility Report, “First and Forward,” which included a preliminary discussion of our views on our resiliency in a low-carbon future and provided insight into how we were working to address the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD). In 2021, we took another important step forward with the preparation of a Climate Scenario Analysis Report, which describes our resilience to different climate-related scenarios.
The Climate Scenario Analysis Report analyzes the long-term resilience of our business and the potential implications for LNG supply and demand in various future climate scenarios through 2040. The conclusion of this analysis reinforces our belief that our business is built for longevity and that LNG has a significant role to play in the global transition to a lower-carbon future. A copy of the full report can be found in the link below.