Climate risk and opportunity management

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.

MetaAge employs a four-dimensional framework encompassing governance, strategy, risk management, and metrics and targets to execute the relevant disclosures. Simultaneously, the company identifies material risks, leveraging the disclosure framework and risk identification to establish transparency and enable stakeholders to understand and assess climate-related risks and opportunities.

MetaAge has constructed a climate-related risk and opportunity matrix based on the impact and likelihood of various risk and opportunity factors to analyze their effects on the company, as illustrated in the figure below.