Climate Scenario Analysis Aligned with TCFD Recommendations
Climate Mitigation
The Task Force on Climate-related Financial Disclosures (TCFD) framework recommends that organizations disclose the actual and potential impacts of climate-related risks and opportunities on their business strategy and financial planning, within a defined strategic boundary. In alignment with these recommendations, Banpu has conducted a comprehensive assessment of climate-related risks and opportunities using 4 climate scenarios:
1. Announced Pledge Scenario
2. Net Zero Emissions (NZE) by 2050
3. Representative Concentration Pathway (RCP) 8.5 – High-emissions scenario
4. Representative Concentration Pathway (RCP) 2.6 – Low-emissions scenario
These scenarios help Banpu evaluate a range of possible future climate conditions and their potential impacts on our business operations, strategic direction, and resilience planning. Additional information is available in the Climate Change Report 2024.
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