Resolute Forest Products reports climate-related information according to the recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD). The Financial Stability Board (FSB) created the TCFD framework to help companies and other organizations disclose climate-related risks and opportunities, as well as governance and risk management practices.
The following TCFD index provides links to information that can be found on this website and in other public documents, including Resolute's 2023 CDP climate change disclosure, as of December 31, 2022.
Governance
| TCFD Pillar |
Recommendation |
Location of Reference |
| 1a |
Describe the board’s oversight of climate-related risks and opportunities |
Governance – board oversight
|
| 1b |
Describe management’s role in assessing and managing climate-related risks and opportunities |
Governance – management
|
Strategy
| TCFD Pillar |
Recommendation |
Location of Reference |
| 2a |
Describe the climate-related risks and opportunities the organization has identified over the short, medium and long term |
Climate-related risks and opportunities
|
| 2b |
Describe the impact of climate-related risks and opportunities on the organization’s business, strategy and financial planning |
Impacts of climate-related risks
Impacts of climate-related opportunities
|
| 2c |
Describe the resilience of the organization’s strategy, taking into consideration different climate-related scenarios, including a 2°C or lower scenario |
Business strategy
|
Risk Management
| TCFD Pillar |
Recommendation |
Location of Reference |
| 3a |
Describe the organization’s processes for identifying and assessing climate-related risks |
Identifying and assessing climate-related risks
|
| 3b |
Describe the organization’s processes for managing climate-related risks |
Managing climate-related risks
|
| 3c |
Describe how processes for identifying, assessing and managing climate-related risks are integrated into the organization’s overall risk management |
Integrating climate-related risks into risk management
Monitoring climate-related risks
|
Metrics and Targets
| TCFD Pillar |
Recommendation |
Location of Reference |
| 4a |
Disclose the metrics used by the organization to assess climate-related risks and opportunities in line with its strategy and risk management process |
Metrics to assess climate-related risks and opportunities
|
| 4b |
Disclose scope 1, scope 2 and, if appropriate, scope 3 GHG emissions and related risks |
Scope 1 and 2 disclosures
Scope 3 disclosure
|
| 4c |
Describe the targets used by the organization to manage climate-related risks and opportunities, and performance against targets |
Targets and commitments
|