TCFD Report

Noval Property is firmly committed to investing in assets that foster the sustainable transition of the industry, incorporating sustainable practices wherever possible. Recognizing the importance of climate change, Noval Property has undertaken the assessment of its climate-related risks and opportunities in line with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD framework).
This is Noval Property’s first TCFD report, which outlines the approach that Noval Property follows to managing climate-related risks and opportunities, and the measures that it is taking to mitigate these risks, while leveraging the opportunities of transitioning to a low-carbon economy. Additionally, Noval Property has emphasized the potential financial impacts of climate-related risks on its business, along with the metrics to track progress towards the climate-related goals.