Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]Ensuring consistency in climate-policy engagement across the company is facilitated by the fact that we currently operate in only one geography (Portugal) and that the business segment were climate-related risks and opportunities are most relevant within our operations (Telecommunications) is also our core business, accounting for 95% of consolidated revenues in 2021.
Our corporate governance model further ensures coordination and consistency of the company's positions and policy engagement activities with our strategy and public commitments on climate change: maximum responsibility for the Corporate Sustainability Strategy and associated commitments lies with the Executive Committee. The CFO is the Board member with direct responsibility for all sustainability-related issues, with climate strategy playing a key role. The Corporate Investor Relations and Sustainability Department, delegated by the Executive Committee, is in charge of coordinating the implementation of the strategy, and the respective management. The position of the Corporate Investor Relations and Sustainability department within the company structure (a top-level department, whose Head reports directly to the CFO) ensures consistency in climate-policy engagement across the company.