We describe management's role in assessing and managing climate and nature related dependencies, impacts, risks, and opportunities, as recommended in TCFD.
Executive Vice President, Communications and Sustainability, a member of Elisa's Corporate Executive Board and reporting to the CEO, is the highest person with responsibility for sustainability issues at the Elisa level.
The Corporate Responsibility Director is responsible for managing responsibility and sustainability operations, including environmental sustainability related policies and decisions. These and other climate and nature related key issues are supervised by the Corporate Responsibility Management Group and the Environment & Energy Working Group, which have representatives from both business units and support functions. Reporting and performance disclosure are managed by the Corporate Responsibility Managers and Experts.
Environmental sustainability related performance and action plans are reviewed and agreed at all three levels: firstly, by the Corporate Responsibility Management Board, secondly by the Corporate Executive Board and, in specific cases, lastly by the Board of Directors Audit Committee.