ESG
To assess its capacity to address climate-related risks, MetaAge has adopted the Task Force on Climate-related Financial Disclosures (TCFD) framework established by the Financial Stability Board (FSB) since 2022. By identifying the risks and opportunities posed by climate change, disclosing their impacts, and formulating mitigation and adaptation strategies, MetaAge aims to enhance its resilience to climate risks and minimize potential financial impacts on its operations.
Based on the nature of each factor, climate-related risks are categorized into transition and physical risks. Transition risks are further divided into three aspects, encompassing six specific risk factors. Physical risks are also identified, resulting in two specific risk factors. On the opportunity side, two opportunity factors have been identified. Each factor is assessed for its overall impact on the Company’s operations, considering its positive or negative effects, likelihood of occurrence, and short-, medium-, and long-term timeframes.
