46 Fostering Sustainable Ecosystems About the Report Leadership Messages About the Theme Corporate Overview Stakeholder Engagement and Materiality Assessment Our ESG priorities and Performance Climate Resilience Climate change has emerged as a risk that demands collaborative endeavors from all stakeholders. We need to accelerate our efforts not just to speed up the decarbonization process, but also to effectively address the most severe impacts of climate change. That is why, at Arise IIP, we cultivate a practice of conservation that lays emphasis on efficient resource utilization and encourages the development of innovative solutions to reduce dependence on non-renewable resources. As an organization that works across sectors of infrastructure development, agricultural value chain and logistics, among others, climate change affects us in various ways, making us cognizant of our responsibility towards mitigating it. Towards this, we have a robust framework to identify risks posed by climate change, embedded in our governance structure, and to create strategies to continuously combat it. Physical Risks: The more frequent and intense occurrences of extreme weather phenomena such as floods and wildfires, heat waves, along with persistent changes in climate patterns such as higher average temperatures and altered precipitation patterns, could potentially have adverse effects on both the quantity and quality of crops, as well as the functioning of our processing facilities across our agricultural value chain business. For instance, reduced rainfall leading to water scarcity may negatively impact crop quality and increase operational expenses, particularly in terms of irrigation. Heat waves can adversely impact human health and well-being of our workers at site. Due to the growing effects of climate change, nearly all countries worldwide came to a consensus and signed the Paris Agreement in 2015. Team in Action: LAGRAC team at the Mangroves Conservation site in Gabon
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