Geo Energy 31 Physical scenario analysis Physical climate risk: Summary of ‘High’ and ‘Very High’ Risk Events across all Sites We recognise that physical climate risks may have implications on our business continuity and operations and have thus included our four mines in Indonesia in our physical scenario analysis. The physical scenario analysis follows a three-step qualitative physical risk assessment approach as outlined below. Through this approach, we have identified eight main natural hazards which may impact our assets, which includes both acute (event driven) and chronic (long-term shifts in climate patterns) hazards. These natural hazards vary in severity and scale on their impacts to our operations, supply chain and financials. The hazards include: •Extreme heat •River flooding •Extreme rainfall flooding •Coastal flooding •Tropical cyclones •Wildfires •Rainfall induced landslides •Water stress and drought We then conducted an analysis of the climate change impacts of the hazards on our 4 mines based on an ‘optimistic’ (SSP1-2.6) and ‘pessimistic’ (SSP5-8.5) scenario over the medium and long term. With reference to the Physical Climate Risk table below, we found that ‘Extreme Heat' is the most significant natural hazard impacting our business, in all scenarios and timeframes for our SDJ and TBR mines. Our findings also indicated that extreme rainfall flooding would be significant for our BEK and STT mines. Identification of high-level business implications and risk management recomendations Step 3 Evaluation of climate-related physical risk for Geo Energy sites under different climate scenarios Step 2 Identification of relevant climate hazard drivers for Geo Energy and overview of historical (baseline) hazard risk level Step 1 Site Name 2030 2050 SSP1-2.6 SSP5-8.5 SSP1-2.6 SSP5-8.5 Sungai Danau Jaya (SDJ) Extreme Heat Extreme Heat Extreme Heat Extreme Heat Tanah Bumbu Resources (TBR) Extreme Heat Extreme Heat Extreme Heat Extreme Heat Bumi Enggang Khatulistiwa (BEK) River Flooding, Extreme Heat River Flooding, Extreme Heat River Flooding, Extreme Heat River Flooding, Extreme Heat Surya Tambang Tolindo (STT) Extreme Rainfall Flooding Extreme Heat Extreme Heat, Extreme Rainfall Flooding Extreme Heat
RkJQdWJsaXNoZXIy NTkwNzg=