According to bank provided information, the Bank intends to engage a consultant to support EGPC to enhance its corporate governance for effective climate action (“climate corporate governance” or “CCG”) and develop a LCP that is consistent with Paris Agreement objectives. This will help the Company to identify, assess and manage the risks and opportunities associated with climate change that may arise within and affect its business operations, and align its business strategy and operations accordingly.
The objectives of this Assignment are the following:
a) Perform an initial scoping exercise to identify potential entry points to strategically address climate change mitigation and adaptation issues within EGPC;
b) Assess and benchmark the Company’s corporate climate governance, management practices and systems to identify areas for improvement in line with industry standards, best practice and emerging disclosure requirements;
c) Develop a LCP that is consistent with the Paris Agreement objectives
d) Identify the corresponding mitigation measures to be implemented
e) Provide recommendations on how these climate action priorities (CCG and LCP) could be implemented in the context of the company’s business operations, including potential climate-related disclosures by developing a company-specific roadmap
f) Provide training and upskilling to a group of persons within EGPC who will work on the project from start to finish and that can support and oversee the implementation of the actions identified.
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
|-||-||-||-||Egyptian General Petroleum Corporation||Client||-|
*Contact information not provided at the time of disclosure*
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