TSRS-Compliant Sustainability Report Format

DRAFT FORMAT OF A TSRS-COMPLIANT SUSTAINABILITY REPORT FOR 2024

1. ABOUT THE REPORT

• Reporting period
• Scope and limitations
• Companies included in the consolidation
• Standards applied (TSRS 1, TSRS 2, transition reliefs)
• Statement of compliance and assurance (limited/reasonable assurance)
• Contact information

2. CORPORATE INFORMATION

• General information about the organisation
• Organisational structure and investments
• Sector position, products/services
• Overview of the business model and value chain (TSRS 1 – 32)

3. GOVERNANCE [TSRS 1 – 26–27 / TSRS 2 – 5–7]

3.1 Governance bodies and roles

• Roles of the Board of Directors and senior management (TSRS 1 – 27)
• Governance structure chart
• Structure of the Sustainability Committee and frequency of meetings

3.2 Competence and oversight

• Skills and competencies of governance bodies
• Integration of sustainability targets into performance evaluation
• Alignment with targets and incentives (TSRS 2 – 6(a)(v) / 29(g))

3.3 Integration

• Integration of sustainability into decision-making processes
• Integration with internal controls (TSRS 1 – 27 / TSRS 2 – 6)

4. STRATEGY [TSRS 1 – 28–42 / TSRS 2 – 8–23]

4.1 Strategic approach

• Sustainability strategy and vision
• Long- and short-term plans
• Decarbonisation strategy and transition plan (TSRS 2 – 14)

4.2 Climate-related risks and opportunities

• Physical and transition risks (TSRS 2 – 10)
• Timing of the effects of risks and opportunities
• Climate-related dependencies (suppliers, markets)
• Carbon-neutral commitments and plans

4.3 Financial effects

• Financial effects of risks and opportunities (TSRS 1 – 34–40 / TSRS 2 – 15–21)
• Possible effects on cash flows, cost of capital and access to finance
• Climate resilience and scenario analysis (TSRS 2 – 22)

5. RISK MANAGEMENT [TSRS 1 – 43–44 / TSRS 2 – 24–26]

5.1 Risk assessment

• Risk management methodology (TSRS 2 – 25)
• Approach to scenario analysis
• Level and limits of uncertainty

5.2 Monitoring and reporting

• Monitoring, assessment and classification of risks
• Frequency and content of reporting to governance bodies
• Early warning systems and control mechanisms

6. METRICS AND TARGETS [TSRS 1 – 45–53 / TSRS 2 – 27–37]

6.1 Climate-related metrics

• Scope 1, 2 and 3 greenhouse gas emissions (TSRS 2 – 29(a))
• Energy consumption and intensity
• Water, waste and resource use data
• Industry-specific metrics (according to the TSRS 2 implementation guidance)

6.2 Targets and performance monitoring

• Science-based targets (SBTi), if any
• Metric-based target performance and timelines
• Frequency of target reviews

7. APPENDICES

• Compliance index (with page references for all TSRS 1 and TSRS 2 disclosures)
• Assurance report (limited assurance)
• Members of the Sustainability Committee
• Glossary (optional)

📌 NOTES

TSRS 2 industry-based implementation guidance: The guidance containing industry-specific metrics should be taken into account (for example, cement, iron and steel, insurance, banking).

If it is the first reporting year: Disclosures may be made under the TSRS 1 transition reliefs (E3–E6) and the TSRS 2 provisions (C3–C5).

If quantitative information on anticipated financial effects cannot be provided: The reason should be disclosed and qualitative information provided in accordance with TSRS 1 – 38–40 and TSRS 2 – 19–21.