4 4 Appendices Transparency & Guiding Principles Climate Action Diversity, Inclusion & Well-Being Good Governance & Shareholder Alignment Community Contributions Responsible Capital Allocation TCFD, SASB, and GRI Our 2023 ESG Report leverages reporting frameworks and standards such as the Task Force on Climate-related Financial Disclosures (TCFD), Sustainable Accounting Standards Board (SASB), and the Global Reporting Initiative (GRI). Task Force on Climate-related Financial Disclosures (TCFD) Sustainability Accounting Standards Board (SASB) Global Reporting Initiative (GRI) The TCFD seeks to develop consistent climate-related financial risk disclosures for companies in their financial and sustainability reporting. The TCFD considers the physical, liability and transition risks associated with climate change and what constitutes effective financial disclosures. Both the Canadian Securities Administrators and the Securities and Exchange Commission have recently proposed climate-related disclosure requirements aligned with the TCFD. Using the Sustainable Industry Classification System® (SICS®), which was created by SASB to group like companies based on their sustainability-related risks and opportunities, SASB has established industry-specific standards for the recognition and disclosure of financially material environmental, social and governance impacts, which are geared towards investors and capital providers. The standards are designed to generate standardized and comparable data that is useful for investors and typically quantitative. GRI is an international independent standards organization with the world’s most widely adopted sustainability standards, which helps companies identify, gather and report this information in a clear and comparable manner. The standards cover relevant topics across the economic, environmental and social dimensions. Organizations select from among these to report on their significant impacts, which can either be implemented into a standalone report or can be indexed. The climate disclosure included in this year’s ESG Report, including in Appendix C , is our third consecutive year of reporting aligned with the TCFD framework. This marks our company’s third consecutive year of disclosure aligned with the SASB framework, which disclosure is included in Appendix D . This is our company’s first year aligning with the GRI standards. Appendix E includes an index, which maps our disclosure, including in our ESG Report, to the GRI standards.
ESG Report 2023 Page 45 Page 47