97 SECTION 4 SUSTAINABILITY JOURNEY INTEGRATED ANNUAL REPORT 2025 ENVIRONMENTAL As a globally leading integrated energy group, we recognise our fundamental responsibility to manage our environmental footprint and to play a constructive role in the global energy transition. Our environmental strategy is designed not only to mitigate the risks associated with climate change, but also to seize the opportunities inherent in building a more sustainable, low-carbon energy future. This chapter outlines our pathway forward. It details our governance structure for climate-related matters, our strategy for managing risks and opportunities, and our performance against key environmental metrics and targets, in line with the recommendations of the IFRS S2 standard. We are committed to transparency and continuous improvement as we navigate this complex landscape, working with all our stakeholders to deliver energy responsibly and sustainably. CLIMATE GOVERNANCE Effective governance is the foundation of our climate strategy. We have established clear roles and responsibilities for overseeing and managing climate-related risks and opportunities at all levels of our organisation, from the Board of Directors to our operational teams. • Board • Board Sustainability Committee • Sustainability Steering Committee • Group Sustainability • Business Units • Identification of Climate Risks and Opportunities • Scenario Analysis • Strategic Risk and Planning • Risk Management Process • Risk Assessment • Carbon Intensity Reduction • Total GHG Monitoring • Financial Risk Indicators Governance Strategy Risk Management Metrics & Targets SUSTAINABILITY JOURNEY
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