AmazonScience/document-haystack

1Metrics and Targets2(a)  Disclose the 3metrics used by 4the organisation 5to assess climate-6related risks and 7opportunities 8in line with its 9strategy and risk 10management 11process.12FC In 2023, the Group started evaluating our climate-related threats and opportunities against Entain’s 13‘Impact versus Action’ matrix, described on pages 60 to 61. The impact of each risk was measured 14different scenarios and timeframes by evaluating its potential:15 financial implications16 operational impact 17 effect on the reputation of our brands 18 affect to health, safety, security, and well-being of our employees 19This allowed us to evaluate the business impact of climate-related risks – from very low to very high 20– across three different climate scenarios. 21Entain also uses the following metrics to monitor its performance in managing transition risks and 22progress against its Net Zero target:23 Scope 1 and 2 greenhouse gas emissions24 Scope 3 greenhouse gas emissions25 Global energy consumption26 Percentage of electricity purchased on renewable energy contracts27 Water consumption (where data is available)28 Waste (where data is available)29We report our performance against these metrics on page 55. We disclose figures for the past three 30financial years (FY23, FY22, and FY21) and we describe the methodologies used to calculate them. 31In line with prior years, the Group will report 2023 scope 3 data within its forthcoming 2023-24 ESG 32Report, expected to be published in Q2 2024.33At the time of reporting, climate-related metrics are not linked to remuneration. Entain does not 34currently have an internal carbon price.35(b)  Disclose Scope 1, 36Scope 2, and, if 37appropriate, Scope 383 greenhouse gas 39(GHG) emissions, 40and the related 41risks.42FC On page 55, we disclose our Scope 1 and 2 greenhouse gas emissions for the financial years 2023, 432023, and 2021, showing historical trends. We use the GHG Protocol Corporate Standard and GHG 44Protocol Corporate Value Chain (Scope 3) Standard as our methodology, using the ‘operational 45control’ boundary to disclose this information.46Given the reputational risk of inaccurate reporting and the need for high-quality ESG data, we 47commissioned the Carbon Trust to assure our Scope 1, 2, and 3 data. Assurance of our Scope 1 and 482 information has taken place since 2019, and our Scope 3 data for 2021 and 2022 has now been 49completed. These assurance statements available on the Entain website. 50(c)  Describe the 51targets used by 52the organisation to 53manage climate-54related risks and 55opportunities 56and performance 57against targets.58C Entain currently has two non-financial targets linked with remuneration (see the Remuneration 59Committee Report on page 131, linked with customer satisfaction and safer betting and gaming. 60Currently, Entain does not have a climate-related target that is linked with remuneration.61As described on pages 50 to 51, we have set a Net Zero by 2035 target, which is underpinned by a 62near-term reduction target of 29.4% in our scope 1, 2 and 3 emissions by 2027 from a 2020 baseline 63year. In 2023, we started quantifying the impact of climate-related threats and opportunities. As 64we continue refining our understanding of the financial impact of climate change on our business, 65we intend to identify further metrics and targets that can be used to assess our most significant 66climate threats and opportunities. We will continue this in 2024 with further disclosures against 67recommendation A to be provided in the 2024 Annual Report as climate risk owners further define 68KPIs to manage specific climate-related against.6959Entain plc Annual Report 2023701 Overview 8 S trategic report 88 Governance 140 F inancial statements71TCFD