12 Pension Protection Fund Climate Change Report 2022/23 STRATEGY AND RISK MANAGEMENT CONTINUED Our Sustainability Community Next steps To support our Sustainability Goal ‘Ensuring e昀昀ective stakeholder engagement Employees are able to post their thoughts on various signi昀椀cant days – such with integrity and respect’, we established a Sustainability Community as World Environment Day and Earth Day – and receive/share tips on making We will develop a Climate Change networking hub on the PPF’s intranet this year. Open to all PPF employees, the a positive environmental impact (e.g., using reusable co昀昀ee cups, sharing Adaptation Plan, which will assess Hub aims to inspire and educate on the values and importance of sustainability experience of installing solar panels or buying an electric vehicle.) the potential impact of physical both in the PPF and the broader community. PPF employees are encouraged risks of climate change on our to share their ideas and suggestions to minimise their environmental impacts. operations and our resilience to these risks (long term as well as acute). We have started to carry out climate-change stress tests in our Long-Term Risk Model, which we use to model potential future scenarios for our liabilities, including stress-testing the impact on the PPF’s own balance sheet. Sustainability is about impact – on society, our communities and the environment. Together, we can make a real di昀昀erence to people’s lives.