Risks are assessed by the respective risk owners and aggregated in a risk map by the risk management function. This process takes into account all kind of risks, i.e. also risks related to climate change – including physical and transitional risks. The risk map is updated quarterly in close cooperation with different committees/departments throughout the Lufthansa Group. Thereby it is ensured that various professionals and environmental experts evaluate the climate-related risks/ opportunities . Based on their assessment the financial and strategic impact on the Group from climate-related risks is made transparent. Asset specific risks/opportunities from climate change are assessed in the respective departments.