Lendlease Annual Report 2022

54 Lendlease Annual Report 2022 Our disclosure progress The table below provides a summary of our actions to date for each component of the TCFD framework, as well as outlining our continued commitment in FY23. Actions FY19 – FY21 FY22 FY23 Governance Disclose the organisation’s governance around climate- related risks and opportunities Strengthen Board and Management oversight of climate-related risks through Board Sustainability Committee Establish and regularly convene a cross functional TCFD Steering Committee chaired by Chief Risk Officer Strategy Disclose the actual and potential impacts of climate-related risks and opportunities on the organisation’s businesses, strategy, and financial planning where such information is material Identify climate-related risks and opportunities for each scenario Impact of climate-related risks and opportunities on the entity Assess the effect of climate- related risks and opportunities on decisions and plans of the entity Resilience to climate-related risks and opportunities Risk Management Disclose how the organisation identifies, assesses, and manages climate-related risks Climate-related risk integrated into Risk Committee Climate-related risk assessments integrated into and undertaken as part of Investment Committee decision making process Integrate climate-related risks into risk management framework and register Regular monitoring of scenarios and Climate -related Impacts Metrics and Targets Disclose the metrics and targets used to assess and manage relevant climate- related risks and opportunities where such information is material Establish metrics for managing climate-related risks and opportunities. Continued disclosure of scope 1 and 2 emissions Establish scope 3 emission reporting boundaries and estimation methodologies Disclose estimated scope 3 emissions Establish targets for managing climate-related risks and opportunities. Completed Process Established and Continuing Commenced and Ongoing More information For more information about our TCFD disclosures, please refer to our ESG Databook. For further information about our decarbonisation strategy, please visit Mission Zero.