Inherent risk profile The inherent risk profile identifies Nedbank’s inherent risk before controls are implemented for the effective management of climate-related risks. The inherent risk profile is determined based on the following categories: • GHG emission industries – Various industries pose a higher inherent risk depending on the nature of the specific GHG emissions. Inherent risk increases as the GHG emissions increase. • External threats – These include changing weather patterns, client behaviour and preferences, new technology and innovation, legislation, and risks. Nedbank may be exposed to due to activities of lending, investing, and the group’s own operations.