Introduction Environment Social Governance Appendix About This Report ESG Data Tables SASB Index TCFD Index Resources GHG Inventory Methodology Carbon Credit Project Screening Criteria TCFD INDEX TCFD Disclosure Requirement Netflix Disclosures Risk Management: Disclose how the organization identifies, assesses, and manages climate-related risks Describe the organization’s processes for identifying We conducted an initial climate risk assessment at the end of 2021. This evaluation looked and assessing climate-related risk at a range of climate risks as defined by the Task Force on Climate-Related Disclosures, including physical, regulatory, reputational, market, legal and transitional risks. We also Describe the organization’s processes for managing referenced the ESG-Specific Committee of Sponsoring Organizations’ (COSO) framework climate-related risks and Intergovernmental Panel on Climate Change (IPCC) research to build a climate risk framework to assess Netflix risk. While the assessment was a useful exercise, the climate Describe how processes for identifying, assessing, and risks we identified were all mapped to risk mitigation strategies already in place or underway. managing climate-related risks are integrated into the The output of this climate risk assessment was also used as an input into our enterprise risk organization’s overall risk management management (ERM) assessment. When evaluated using our ERM methodology, no standalone climate-related risks were identified as significant for the company. Metrics & Targets: Disclose the metrics and targets used to assess and manage relevant climate-related risks and opportunities where such information is material Refer to the Public Climate Targets and Carbon Footprint sections of the ESG report for Disclose the metrics used by the organization to assess information on our metrics, emissions and targets. Measuring our performance against our climate related risks and opportunities in line with its climate targets over time helps to inform our climate risk assessment process, in particular strategy and risk management process our transition risks. Disclose Scope 1, Scope 2, and, if appropriate, Scope 3 greenhouse gas (GHG) emissions, and the related risks Describe the targets used by the organization to manage climate related risks and opportunities and performance against targets Netflix ESG Report 2022 9
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