We recognise the need to understand and manage climate impacts, so we continue to consider climate risk whenever we make decisions.

Climate change is already affecting many weather and climate extremes across the globe. We recognise the importance of understanding and managing climate impacts and continue to integrate climate risk considerations into our decision making.

We work with specialist external partners to analyse the physical and transitional risks of climate change, using it to inform our strategy regarding our assets and liabilities.

Enhancing our understanding also involves using subject matter experts and updating our risk view as climate modelling evolves as a science.

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