Climate risks and op­por­tu­ni­ties (Task Force on Climate-related Financial Disclosures TCFD)

Swisscom recognises the increasing global impact of climate change on the respective national economies and on the ICT industry in particular. It is aware that climate change affects its in­fra­struc­ture, products, services and business activities. Swisscom therefore strives to con­tin­u­ously improve its own resilience. To this end, it systematically identifies, records and manages climate-related risks and op­por­tu­ni­ties. The following climate risk analysis is based on the TCFD rec­om­men­da­tions, scientific data available from the In­ter­na­tional Panel on Climate Change (IPCC) and climate projections from the Swiss Federal Office for Meteorology and Climatology (MeteoSwiss). The analysis takes into account the critical in­fra­struc­tures and business processes of Swisscom in Switzer­land and Fastweb in Italy, including all relevant sub­sidiaries. The experts re­spon­si­ble for the critical elements have assessed the potential impacts on the basis of their expertise and the scientific in­for­ma­tion available.