Beca is pleased to share its first climate-related disclosures report, using the Task Force on Climate-related Financial Disclosures (TCFD) framework.The TCFD process included an assessment of our climate-related risks and opportunities. It’s one of the many ways we’re testing our business’s resilience to climate change.
Click here for a pdf version of the report.
With climate change an imminent global threat affecting livelihoods, communities, and businesses, there is an urgent need to transition towards a climate resilient, low carbon economy. The TCFD framework, developed by the Financial Stability Board, supports businesses and public entities with how to identify, assess, and ultimately act on the risks and opportunities from climate change.
“Completing our first TCFD report is an important milestone for us and is part of Beca’s wider sustainability strategy. It means that Beca can manage our climate risks and opportunities as a business and be prepared for multiple climate scenarios,” says Matt Raeburn, who led the TCFD process for Beca.
“As a signatory member of the Climate Leaders Coalition, we are committed to publicly disclosing our climate-related risks under the CLC’s higher ambition 2019 statement. Our inaugural climate-related disclosures report demonstrates our commitment to aligning with the TCFD framework. It also improves Beca’s ability to work with our clients to design and to deliver climate change solutions, leading to more resilient and adaptive organisations and communities.”
Beca remains focused on our goal of achieving a 32% carbon emissions reduction by 2030 (comprising a 50% reduction in our Scope 1 and 2 direct emissions, and a 30% reduction in our Scope 3 indirect emissions). We have also been recently recognised by the Climate Leaders Coalition for our emissions reduction activity.
Reporting under the TCFD framework is or will soon become mandatory for companies and public sector entities in Aotearoa New Zealand, Australia, the UK, the EU, parts of Asia, and the US. In Aotearoa, the TCFD framework also aligns with public sector and utilities’ reporting requirements under the Climate Change Response (Zero Carbon) Act.
Get in touch to find out more about how Beca can help you with your TCFD reporting, decarbonisation, climate change risk assessment or adaptation.
For more on sustainability at Beca and our efforts to reduce our carbon emissions, visit https://www.beca.com/sustainability.
See also May 2022