A climate-related risk gap assessment was completed and used to identify and understand risks relating to climate change for us. The risk assessment consists of the identification, assessment and analysis of potential threats and vulnerabilities. The required mitigating actions were put into place to manage the gaps identified. Below is a list of some of the gaps identified with mitigating actions: • The integration of climate risk into the existing social and environmental risk. Climate risk is systemic to the risk universe and will be integrated into the ERMF risk universe. • The board subcommittees' roles and responsibilities were expanded to ensure board oversight of climate-related risks and opportunities. • A data and systems working group was established to ensure the provisioning of the required climate-related data and IT systems. • A training working group was established to ensure ‘fit-for-purpose’ training which will be provided to all employees across the three LoDs.