Describe management's role in assessing and managing climate-related risks and opportunities
TCFD Governance Disclosure (b) requires description of management's role — Chief Risk Officer, Chief Sustainability Officer, or equivalent function responsibilities; reporting lines; processes for climate risk assessment and management.
Management-level climate accountability is what converts board commitment into operational reality. Organisations with named management owners deliver substantive climate programmes; those without rely on dispersed accountability that delivers compliance only.
G-b operationalises the board oversight established in G-a. It also provides the structural foundation for Risk Management (Pillar 3) disclosures by defining who actually does the work.
A focused 6-step methodology calibrated to deliver management's role in assessing and managing climate risks as a working capability — not a documented compliance artefact.
Designate single accountable management owner — CRO, CSO, COO, or equivalent; align with corporate structure.
Define reporting line to board / committee per G-a; specify cadence and content of reports.
Identify or establish climate-relevant management committees (Risk Committee, Sustainability Steering, Capital Committee).
Document process for climate risk assessment and management — identification, evaluation, response, monitoring.
Integrate climate assessment with corporate Enterprise Risk Management; specify ERM risk-register inclusion.
Author disclosure G-b per TCFD; integrate with annual sustainability / TCFD report; align with IFRS S2 / CSRD ESRS.
Decision-gated workflow showing the actual sequence of activities — from initiation through steady-state operation — with key decision points highlighted.
We can scope this element implementation against your facility, regulatory context, and existing management-system maturity — and integrate it with the other Climate Risk & TCFD / ISSB S2-Aligned Disclosure elements you already operate.