LP Tracks Climate Risks

LP Building Solutions (LP) has released its first ‘Task Force on Climate-Related Financial Disclosures (TCFD) Index.’ The index communicates how it evaluates and manages climate change risks and opportunities across its business and develops solutions to support a low-carbon energy transition. "By assessing our risks and opportunities stemming from potential changes in climate, we are taking action to support the long-term financial resiliency of our business and our continued ability to deliver sustainable building solutions to our customers," says Donna Kopecky, sustainability and public policy director at LP. It used its enterprise risk management framework to contextualize the likelihood and potential impact of various risks on its business across the short, medium, and long term. As well, it is currently tracking greenhouse gas emissions and energy consumption across its operations and value chain.