Data & reporting

The Task Force on Climate-Related Financial Disclosures (“TCFD”) was created in 2015. The TCFD focus is reporting on the impact an organisation has on the global climate in a clear, comparable, and consistent manner.

To achieve this, TCFD developed a reporting framework based on a set of 11 disclosure recommendations spanning four different areas: Governance, Strategy, Risk Management, and Metrics and Targets.

TCFDs are important for business to improve their own understanding of their long-term climate-related risks and opportunities. Click on the document for Hunting’s disclosure that are related to the recommendations by the TCFD and Hunting’s Annual Report and Accounts.

The Sustainability Accounting Standards Board (“SASB”) was founded as a not-for-profit, independent standards-setting organisation in 2011; their aim is to establish and maintain industry-specific standards that assist companies in disclosing financially material, decision-useful sustainability information to investors.

SASB has developed a set of 77 industry-specific standards that identify Environmental, Social, and Governance issues most relevant to financial performance in each industry.

In 2021, Hunting took several significant steps towards enhancing and formalising our ESG approach, including adopting the SASB standards for Oil and Gas – Services and Industrial Machinery & Goods.

Click on the document for Hunting’s disclosure against the SASB Oil & Gas -Services or Industrial Machinery & Goods Sustainability Accounting Standard.

CDP is a not-for-profit charity that runs the global environmental disclosure system for investors and companies to disclose and manage their environmental impact.

Hunting submits its greenhouse has data to the Carbon Disclosure Project (“CDP”) on an annual basis.

The data reported, and carbon dioxide conversion factors used to report the Group’s carbon footprint, are based on those published by the Department for Business, Energy & Industrial Strategy (“BEIS”), Department for Environment, Food & Rural Affairs (“Defra”) and the International Energy Agency (“IEA”).

Click on the document for Hunting’s CDP Climate Change Questionnaire 2022