Task Force on Climate-related Financial Disclosures (TCFD) Index

 

 

Climate change is one of the world’s most pressing challenges. At AT&T, we’re working to assess the risks and opportunities that climate change creates for our business so that we can make smarter, climate-informed decisions today and for years to come. These actions help build resilience for our business, our customers and our communities.

The Task Force on Climate-related Financial Disclosures (TCFD) provides a framework of recommended disclosures for corporate reporting on climate-related risks and opportunities, categorized by Governance, Strategy, Risk Management, and Metrics and Targets. The index below provides the location of AT&T’s information, as reported in our issue briefs and 2020 CDP Climate Change Survey response. We will be launching a new TCFD report in summer 2021, upon the completion of our 2021 CDP Climate Change Survey response.

 

 

Governance

Recommended Disclosures

Reference Links

A. Describe the board’s oversight of climate-related risks and opportunities.

See our Climate Change and Our Corporate Governance issue briefs, our Committees and Charters and our CDP Response (question C1.1b).

B. Describe management’s role in assessing and managing climate-related risks and opportunities.

See our Climate Change and Our Corporate Governance issue briefs and our CDP Response (questions C1.2 and C1.2a).

Strategy

Recommended Disclosures

Reference Links

A. Describe the climate-related risks and opportunities the organization has identified over the short, medium and long term.

See our Climate Change issue brief and our CDP Response (questions C2.1a, C2.3, C2.3a, C2.4 and C2.4a).

B. Describe the impact of climate-related risks and opportunities on the organization’s businesses, strategy and financial planning.

See our Climate Change issue brief and our CDP Response (questions C2.3a, C2.4a, C3.1, C3.1b, C3.1d and C3.1e).

C. Describe the resilience of the organization’s strategy, taking into consideration different climate-related scenarios, including a 2C or lower scenario.

See our CDP Response (questions C3.1a and C3.1d).

Risk Management

Recommended Disclosures

Reference Links

A. Describe the organization’s processes for identifying and assessing climate-related risks.

See our Climate Change issue brief and our CDP Response (questions C2.1, C2,2 and C2.2a).

B. Describe the organization’s processes for managing climate-related risks.

See our Climate Change issue brief and our CDP Response (questions C2.1 and C2.2).

C. Describe how processes for identifying, assessing and managing climate-related risks are integrated into the organization’s overall risk management.

See our Climate Change issue brief and our CDP Response (questions C2.1 and C2.2).

Metrics and Targets

Recommended Disclosures

Reference Links

A. Disclose the metrics used by the organization to assess climate-related risks and opportunities in line with its strategy and risk management process.

See our Greenhouse Gas Emissions and Energy Management issue briefs and our CDP Response (questions C4.2, C4.2b and C9.1).

B. Disclose Scope 1, Scope 2 and, if appropriate, Scope 3 greenhouse gas (GHG) emissions, and the related risks.

See our Greenhouse Gas Emissions issue brief and our CDP Response (questions C6.1, C6.3 and C6.5).

C. Describe the targets used by the organization to manage climate-related risks and opportunities and performance against targets.

See our Greenhouse Gas Emissions and Energy Management issue briefs and our CDP Response (questions C4.1, C4.1a, C4.1b, C4.2 and C4.2b).