The Workdry Group ESG Report 2025 - Report - Page 114
Effective Risk
Management
Governance
Climate Risk & Opportunity (TCFD)
To complement our Corporate Risk Register update,
we have undertaken a climate-related risk
and opportunity assessment aligned with
the recommendations of the Task Force on
Climate-related Financial Disclosures (TCFD).
The assessment included both a climate risk screening
and a Financial Driver Analysis (FDA) to understand
how climate-related risks and opportunities could
impact the business from a financial and strategic
perspective.
Key drivers include evolving emissions
standards, customer procurement requirements
linked to Net Zero commitments, and the
need to reduce greenhouse gas emissions
associated with the use of hired equipment
across the value chain. These risks are
primarily linked to Scope 3 emissions, given
that a significant proportion of The Workdry
Group’s climate impact arises from customer
use of rented assets.
The assessment identified that The Workdry Group’s
exposure to climate-related risk is dominated by
transition risks, reflecting increasing regulatory,
customer and market expectations around
decarbonisation, particularly within regulated
water and infrastructure markets.
In parallel, the assessment highlighted material
climate-related opportunities. These include
growing demand for low-emissions and
energy-efficient pumping solutions, repowered
and Next Generation assets, and services that
support customers’ own climate and resilience
objectives.
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