Sustainable Finance Disclosure Regulation (SFDR)
The statement below is applicable only to Cromwell's business in Europe and related to the technical disclosures under the EU Sustainable Finance Disclosure Regulation.
Task Force on Climate-related Financial Disclosures (TCFD)
The Financial Stability Board’s Task Force on Climate-related Financial Disclosures (TCFD recommendations www.fsb-tcfd.org) were published in June 2017 with the objective of establishing a voluntary framework for disclosing an organisation’s climate-related financial risk.
By providing a consistent reporting approach, financiers, investors, insurers and other stakeholders are able to understand an organisations material climate-related risks, the financial implications of the risks and the approach being taken to manage them.
Cromwell has been reporting for a number of years on its actions to improve the performance and quality of its assets, reduce emissions and increase efficiency and resilience. We recognise the potential risks and opportunities arising from climate change and a transition to a low-carbon economy.
The Cromwell TCFD Statement can be found in the Annual Report. It summarises Cromwell’s approach to managing the risk from climate change, across the Australian directly owned and funds management business and the current process of alignment across the European operations. In adopting the TCFD recommendations, we are committed to review and evolve our reporting to support effective disclosure.
Modern Slavery Statement
Cromwell acknowledges the role and responsibility it has in generating awareness and implementing steps to uphold human rights and minimise the risk of modern slavery practises in its operations and supply chains.
The statements below summarise our approach to assessing and addressing the risks of modern slavery and the actions undertaken to increase stakeholder collaboration, strengthen policy responses and align our procurement practices with sustainable procurement principles.