2025 TCFD Report

The 2025 TCFD Report outlines Take-Two Interactive’s strategic approach to identifying, managing, and disclosing climate-related risks and opportunities. The primary objective is to enhance organizational resilience by integrating sustainability into corporate governance and long-term financial planning. The report adheres to the Task Force on Climate-related Financial Disclosures (TCFD) framework, focusing on governance, strategy, risk management, and metrics to address the evolving environmental challenges facing the interactive entertainment industry.

The company employs qualitative scenario analysis to evaluate potential future impacts, utilizing the IPCC RCP 8.5 high-emissions scenario alongside two Network for Greening the Financial System (NGFS) pathways. These analyses help categorize risks into transition-related factors—such as carbon pricing, regulatory reporting obligations, and shifting consumer preferences—and physical risks, including extreme weather events and long-term climate shifts. Key opportunities identified include improving resource efficiency in real estate, transitioning to renewable energy sources, and developing lower-carbon products to meet changing market demands.

Governance is structured through a Sustainability Committee that reports to the Board of Directors via the Corporate Governance Committee. Sustainability issues are formally embedded within the company’s Enterprise Risk Management (ERM) program to ensure consistent oversight and mitigation. For the fiscal year ending March 31, 2025, the company reported total greenhouse gas emissions of 413,404 metric tons of CO2e. To drive decarbonization, the company has established Science Based Targets initiative (SBTi) validated goals: a 55% reduction in absolute Scope 1 and 2 emissions and a 62% reduction in Scope 3 emissions per million USD of value added by 2033. Emissions data is subject to third-party limited assurance to ensure transparency and accuracy in reporting.