Our aim is to embed ESG and climate considerations into routine processes to improve business planning, eliminate redundancies, and optimize resource allocation. This enables business units to identify ESG and climate trends, uncovering new opportunities by evaluating longer term positive and negative ESG-related risks.
NWS continue to uphold our work on climate-related disclosures with reference to the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD). We will continue to improve our disclosure as we progress in identifying our climate-related risks and devising respective measures to mitigate and manage these risks.
We have developed a clear roadmap that prioritizes tasks and goals towards net zero in 2050. NWS’ businesses span across various sectors with different operational models and climate impacts. To ensure we carefully consider and strike a balance between business expansion and greenhouse gas reduction, we adopt a phased approach for aligning our business units to approach net-zero following the SBTi standards.
