The Taskforce on Nature-related Financial Disclosures Report - FY 2023–24

Governance Strategy Risk and impactmanagement Metrics and targets Disclose the organisation’s Disclose the effects of Describe the processes Disclose the metrics and governance of nature-related nature-related used by the organisation to targets used to assess dependencies, impacts, risks dependencies, impacts, risks, identify, assess, prioritise, and manage material and opportunities. [...] The ESG and CSR teams are comprised of experienced professionals led by the CSO and are responsible for the identification and implementation of various initiatives under the board-approved ESG Vision and CSR policy. [...] The Enterprise Risk Management (ERM) team serves as the custodian of the risk register within LTIMindtree, and the ESG and CSR teams identifies and prioritizes risks across the ESG pillars. [...] nature-related issues The ESG and CSR teams are responsible for identifying, managing, and monitoring the relevant risks and opportunities related to Sustainability and the three pillars—environment, social, and governance—that fall under it. [...] The increasing frequency and severity of extreme weather events like flash floods and heatwaves pose a risk to both the surrounding ecosystems and our infrastructure, potentially causing damage to our facilities and disrupting the smooth functioning of our IT assets.