Biodiversity Impacts and Dependencies

In accordance with the LEAP approach proposed by the Taskforce on Nature-related Financial Disclosures (TNFD), Asia Cement has identified and assessed a range of nature-related risks and opportunities. Through internal cross-departmental discussions and analyses, the company confirmed 10 material nature-related risks and 12 nature-related opportunities. These serve as the basis for forwardlooking risk management and resource allocation.

Biodiversity Risk Assessment

In accordance with Integrated Biodiversity Assessment Tool (IBAT), Asia Cement’s scope of biodiversity risk assessment covers the business operation and nearby areas. The procedure of biodiversity risk management includes risks and opportunities identification and evaluation, financial impact analysis and significant risks and opportunities, the corresponding measures and cost estimate.

• Significant risk: Physical risk-the negative impact to natural ecological system
• Significant opportunities: The protection, restoration and regeneration of eco-system

Local Community Consultation and Communication