Memorandum for the Petitioners |134 a) Have respondent Carbon Majors assessed the potential climate-related human rights risks that are associated with their own activities and/or directly linked to their operations, products, or services by their business relationships? b) Have they disclosed those potential risks? c) Have they disclosed truthful information or have they otherwise engaged in a campaign of systematic denial or misinformation? d) Have they adopted plans to prevent those risks or to mitigate them? e) Do they have policies in place to address these risks? More generally, have they applied the financial and human resources to the best of their capacity to prevent and f) address the risks associated with their activities? 8.184.Complying with their human rights due diligence entails that respondent Carbon Majors would produce, in consultation with relevant stakeholders, a robust analysis of the company’s direct and indirect greenhouse gas emissions in the context of the politically agreed 1.5°C temperature goal in the Paris Agreement, as assessed by the IPCC in its 2018 1.5°C Special Report.®! 8.185.Furthermore, to meet their due diligence obligations, respondents should describe how they will reduce emissions from their operations and products in line with the global carbon budget implied by 1.5°C temperature goal, at a minimum, in order to avoid infringing on human rights.©3? C. Due diligence entails compliance with the Task Force on Climaterelated Financial Disclosures 8.186. Human rights due diligence also means reporting, at a minimum, on compliance with the recommendations presented by the Task Force on Climate-related Financial Disclosures (TCFD) at the G20 conference in 2017 (TCFD recommendations). °? 630 Ibid, 631 Marjanac, S., supra note 136, p. 35. 62 Id p47. 633 TCFD, supra note 160, citations omitted. The TCFD recommendations present a

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