The foundation for our Climate Change Action Plan is to build the capacity to be able to succeed in a lower-carbon world. We do this with processes, standards, guidelines, knowledge-sharing and training to build quality and consistency in our approach to climate-related risk management across our businesses.

Progress on our multi-year plan includes: 

Building Capacity ​
​Focus Area ​Implementation Indicators
Impact Assessment and Results​ ​ 100% of operated business units have a Climate Change Management Plan.
Sustainability Scorecards are completed for capital projects, including an analysis of climate-related risks, and are updated through project phases. The New Country Entry and other due diligence processes evaluate climate change issues and risks.
Climate change risks are identified as part of project authorization guidelines for new ventures.
​Integration ​ ​ ​A Climate Change Assessment is completed for each major project.
Climate-related risks are incorporated into the Capital Projects Management System and Sustainable Development Practice.
Business units and functions share best practices in climate-related risk management through the Climate Change Issues Working Group, Climate Change Public Policy Issues Working Group, and Network of Excellence.
Tracking (Issues, Actions) ​ ​Climate-related risks are tracked at the enterprise, business unit, asset, or project level and communicated internally.
Potential climate-related risks or issues are identified and evaluated periodically through corporate, business unit, asset or project level risk assessments as part of the climate change planning cycle.