Lamb Weston : IFRS Index (Lamb Weston 2025 IFRS S2 Index)

Published: 2026-04-20 14:57:10 ET LW

Published on 04/20/2026 at 02:57 pm EDT

Lamb Weston's 2025 International Financial Reporting Standards (IFRS( Foundation S2 Climate-related Disclosures

The following summarizes Lamb Weston's approach to managing and reporting on climate-related governance, strategy, risk management, and metrics and targets in alignment with the IFRS Foundation's S2 Climate-related Disclosures Standard.

2025 RESPONSE

DISCLOSURE DESCRIPTION

INDICATOR

GOVERNANCE

How responsibilities for climate-related risks and opportunities are reflected in the terms of reference, mandates, role descriptions and other related policies applicable to that body(s) or individual(s);

How the body(s) or individual(s) determines whether appropriate skills and competencies are available or will be developed to oversee strategies designed to respond to climate related risks and opportunities;

Governance

Our Approach to Sustainability Oversight

2025 Proxy Statement, page 35

How and how often the body(s) or individual(s) is informed about climate-related risks and opportunities;

Our Approach to Sustainability Oversight

How the body(s) or individual(s) takes into account climate related risks and opportunities when overseeing the entity's strategy;

How the body(s) or individual(s) takes into account climate related risks and opportunities when overseeing the entity's decisions on major transactions;

How the body(s) or individual(s) takes into account climate related risks and opportunities when overseeing the entity's risk management processes and related policies;

Whether the body(s) or individual(s) has considered trade-offs associated with those risks and opportunities;

How the body(s) or individual(s) oversees the setting of targets related to climate-related risks and opportunities;

How the body(s) or individual(s) monitors progress towards those targets; and

How the body(s) or individual(s) oversees progress towards related performance metrics that are included in remuneration policies.

Whether the role is delegated to a specific management-level position or management-level committee and how oversight is exercised over that position or committee; and

Whether management uses controls and procedures to support the oversight of climate-related risks and opportunities and, if so, how these controls and procedures are integrated with other internal functions.

Our Approach to Sustainability Oversight Our Approach to Sustainability Oversight

CDP Corporate Questionnaire 2025 4.3.1, 4.3.1.6

Our Approach to Sustainability Oversight CDP Corporate Questionnaire 2025 4.1.2.5 Our Approach to Sustainability Oversight

Lamb Weston currently does not disclose this information. CDP Corporate Questionnaire 2025 4.3.1.6

Our Approach to Sustainability Oversight

(continued)

International Financial Reporting Standards (IFRS( Foundation S2 Climate-related Disclosures (cont.(

INDICATOR

DISCLOSURE DESCRIPTION 2025 RESPONSE

STRATEGY

CLIMATE-RELATED RISKS AND OPPORTUNITIES

Describe climate-related risks and opportunities that could reasonably be expected to affect the entity's prospects;

Explain, for each climate-related risk the entity has identified, whether the entity considers the risk to be a climate-related physical risk or climate-related transition risk;

Specify, for each climate-related risk and opportunity the entity has identified, for the short term and the effects of each climate-related risk and opportunity could reasonably be expected to occur;

Specify, for each climate-related risk and opportunity the entity has identified, for the medium term and the effects of each climate-related risk and opportunity could reasonably be expected to occur;

Specify, for each climate-related risk and opportunity the entity has identified, for the long term and the effects of each climate-related risk and opportunity could reasonably be expected to occur; and

BUSINESS MODEL AND VALUE CHAIN

Explain how the entity defines "short term," "medium term" and "long term" and how these definitions are linked to the planning horizons used by the entity for strategic decision-making.

CDP Corporate Questionnaire 2025 2.1

Governance More with Less

Limiting Climate Impacts in Our Manufacturing Process Using Water Responsibly

Reducing Waste

Lamb Weston currently does not disclose this information. Lamb Weston currently does not disclose this information. Lamb Weston currently does not disclose this information. Limiting Climate Impacts in Our Manufacturing Process

A description of the current effects of climate-related risks and opportunities on the entity's business model and value chain;

A description of the anticipated effects of climate-related risks and opportunities on the entity's business model and value chain; and

A description of where in the entity's business model and value chain climate-related risks and opportunities are concentrated (for example, geographical areas, facilities and types of assets).

Climate Resilience

Limiting Climate Impacts in Our Manufacturing Process CDP Corporate Questionnaire 2025 3.6.1

Lamb Weston currently does not disclose this information.

(continued)

International Financial Reporting Standards (IFRS( Foundation S2 Climate-related Disclosures (cont.(

INDICATOR

DISCLOSURE DESCRIPTION 2025 RESPONSE

STRATEGY (cont.)

STRATEGY AND DECISION-MAKING

Information about how the entity has responded to, and plans to respond to, climate-related risks and opportunities in its strategy and decision-making;

Including how the entity plans to achieve any climate-related targets it has set and any targets it is required to meet by law or regulation. Specifically, the entity shall disclose information about:

Current and anticipated changes to the entity's business model, including its resource allocation, to address climate-related risks and opportunities (for example, these changes could include plans to manage or decommission carbon-, energy- or water-intensive operations; resource allocations resulting from demand or supply-chain changes; resource allocations arising from business development through capital expenditure or additional expenditure on research and development; and acquisitions or divestments);

Current direct mitigation and adaptation efforts (for example, through changes in production processes or equipment, relocation of facilities, workforce adjustments, and changes in product specifications);

Anticipated direct mitigation and adaptation efforts (for example, through changes in production processes or equipment, relocation of facilities, workforce adjustments, and changes in product specifications);

Current indirect mitigation and adaptation efforts (for example, through working with customers and supply chains);

Anticipated indirect mitigation and adaptation efforts (for example, through working with customers and supply chains);

Any climate-related transition plan the entity has, including information about key assumptions used in developing its transition plan, and dependencies on which the entity's transition plan relies; and

How the entity plans to achieve any climate-related targets, including any greenhouse gas emissions targets, described in accordance with associated metrics (paragraphs 33-36 of IFRS S2);

Information about how the entity is resourcing, and plans to resource, the activities disclosed in accordance with ii;

Quantitative information about the progress of plans disclosed in previous reporting periods in accordance with paragraph ii); and

Qualitative information about the progress of plans disclosed in previous reporting periods in accordance with paragraph ii).

CDP Corporate Questionnaire 2025 3.1.1.29 Our Sustainability Goals

Our Approach to Sustainability Oversight

Product Stewardship and Innovation Sustainable and Regenerative Agriculture

Sustainable and Regenerative Agriculture Sustainable Sourcing and Procurement

Limiting Climate Impacts in Our Manufacturing Process Limiting Climate Impacts in Our Manufacturing Process

Lamb Weston currently does not disclose this information.

Limiting Climate Impacts in Our Manufacturing Process Performance Data Tables - (Global)

Performance Data Tables - (Europe)

Measuring Performance Manufacturing

Limiting Climate Impacts in Our Manufacturing Process

(continued)

International Financial Reporting Standards (IFRS( Foundation S2 Climate-related Disclosures (cont.(

INDICATOR

DISCLOSURE DESCRIPTION 2025 RESPONSE

STRATEGY (cont.)

FINANCIAL POSITION, FINANCIAL PERFORMANCE AND CASH FLOWS

An entity shall disclose quantitative and qualitative information about:

a. How climate-related risks and opportunities have affected its financial position for the reporting period;

b How climate-related risks and opportunities have affected its financial performance for the reporting period;

How climate-related risks and opportunities have affected its cash flows for the reporting period;

How the climate-related risks and opportunities identified in above for which there is a significant risk of a material adjustment within the next annual reporting period to the carrying amounts of assets and liabilities reported in the related financial statements; and

How the entity expects its financial position to change over the short, medium and long term, given its strategy to manage climate-related risks and opportunities, taking into consideration:

Its investment and disposal plans (for example, plans for capital expenditure, major acquisitions and divestments, joint ventures, business transformation, innovation, new business areas, and asset retirements), including plans the entity is not contractually committed to; and

Its planned sources of funding to implement its strategy;

How the entity expects its financial performance and cash flows to change over the short term, given its strategy to manage climate-related risks and opportunities (for example, increased revenue from products and services aligned with a lower-carbon economy; costs arising from physical damage to assets from climate events; and expenses associated with climate adaptation or mitigation);

How the entity expects its financial performance and cash flows to change over the medium term, given its strategy to manage climate-related risks and opportunities (for example, increased revenue from products and services aligned with a lower-carbon economy; costs arising from physical damage to assets from climate events; and expenses associated with climate adaptation or mitigation); and

How the entity expects its financial performance and cash flows to change over the long term, given its strategy to manage climate-related risks and opportunities (for example, increased revenue from products and services aligned with a lower-carbon economy; costs arising from physical damage to assets from climate events; and expenses associated with climate adaptation or mitigation).

CDP Corporate Questionnaire 2025 3.1.1.16

CDP Corporate Questionnaire 2025 3.1.1.29

Lamb Weston currently does not disclose this information.

Manufacturing

Limiting Climate Impacts in Our Manufacturing Process Using Water Responsibly

CDP Corporate Questionnaire 2025 3.6.1.8, 5.3.2.4

CDP Corporate Questionnaire 2025 3.1.1.16, 5.3.13, 7.55.3

CDP Corporate Questionnaire 2025 3.1.1.16

(continued)

International Financial Reporting Standards (IFRS( Foundation S2 Climate-related Disclosures (cont.(

INDICATOR

DISCLOSURE DESCRIPTION 2025 RESPONSE

STRATEGY (cont.)

CLIMATE RESILIENCE

The entity's assessment of its climate resilience as at the reporting date, which shall enable users of general purpose financial reports to understand:

The implications, if any, of the entity's assessment for its strategy and business model, including how the entity would need to respond to the effects identified in the climate-related scenario analysis;

The significant areas of uncertainty considered in the entity's assessment of its climate resilience; and

The entity's capacity to adjust or adapt its strategy and business model to climate change over the short, medium and long term, including;

The availability of, and flexibility in, the entity's existing financial resources to respond to the effects identified in the climate-related scenario analysis, including to address climate-related risks and to take advantage of climate-related opportunities;

The entity's ability to redeploy, repurpose, upgrade or decommission existing assets; and

The effect of the entity's current and planned investments in climate-related mitigation, adaptation and opportunities for climate resilience;

How and when the climate-related scenario analysis was carried out, including:

Information about the inputs the entity used, including:

Which climate-related scenarios the entity used for the analysis and the sources of those scenarios;

Whether the analysis included a diverse range of climate-related scenarios;

Whether the climate-related scenarios used for the analysis are associated with climate-related transition risks or climate-related physical risks;

Whether the entity used, among its scenarios, a climate related scenario aligned with the latest international agreement on climate change;

Why the entity decided that its chosen climate-related scenarios are relevant to assessing its resilience to climate-related changes, developments or uncertainties;

The time horizons the entity used in the analysis; and

What scope of operations the entity used in the analysis (for example, the operating locations and business units used in the analysis);

Lamb Weston currently does not disclose this information. Lamb Weston currently does not disclose this information.

Lamb Weston currently does not disclose this information.

Lamb Weston currently does not disclose this information. Lamb Weston currently does not disclose this information.

Lamb Weston currently does not disclose this information. Lamb Weston currently does not disclose this information. Lamb Weston currently does not disclose this information. Lamb Weston currently does not disclose this information. Lamb Weston currently does not disclose this information.

Lamb Weston currently does not disclose this information. Lamb Weston currently does not disclose this information.

(continued)

International Financial Reporting Standards (IFRS( Foundation S2 Climate-related Disclosures (cont.(

INDICATOR

DISCLOSURE DESCRIPTION 2025 RESPONSE

STRATEGY (cont.)

CLIMATE RESILIENCE (cont.)

The key assumptions the entity made in the analysis, including assumptions about:

Climate-related policies in the jurisdictions in which the entity operates;

Macroeconomic trends;

National- or regional-level variables (for example, local weather patterns, demographics, land use, infrastructure and availability of natural resources);

Energy usage and mix; and

Developments in technology; and

RISK MANAGEMENT

The reporting period in which the climate-related scenario analysis was carried out.

Lamb Weston currently does not disclose this information. Lamb Weston currently does not disclose this information. Lamb Weston currently does not disclose this information. Lamb Weston currently does not disclose this information.

Lamb Weston currently does not disclose this information. Lamb Weston currently does not disclose this information. Lamb Weston currently does not disclose this information.

The inputs and parameters the entity uses (for example, information about data sources and the scope of operations covered in the processes);

Whether and how the entity uses climate-related scenario analysis to inform its identification of climate-related risks;

How the entity assesses the nature, likelihood and magnitude of the effects of those risks (for example, whether the entity considers qualitative factors, quantitative thresholds or other criteria);

Whether and how the entity prioritizes climate-related risks relative to other types of risk;

How the entity monitors climate-related risks; and

Whether and how the entity has changed the processes it uses compared with the previous reporting period.

Our Approach to Sustainability Oversight

Manufacturing

Lamb Weston currently does not disclose this information.

Manufacturing Material Topics

Lamb Weston currently does not disclose this information. Lamb Weston currently does not disclose this information.

Manufacturing Material Topics

Governance

Our Approach to Sustainability Oversight Manufacturing

(continued)

International Financial Reporting Standards (IFRS( Foundation S2 Climate-related Disclosures (cont.(

INDICATOR

DISCLOSURE DESCRIPTION 2025 RESPONSE

METRICS AND TARGETS

CLIMATE-RELATED METRICS

Scope 1 greenhouse gas emissions;

Scope 2 greenhouse gas emissions; and

Scope 3 greenhouse gas emissions;

Measure its greenhouse gas emissions in accordance with the Greenhouse Gas Protocol: A Corporate Accounting and Reporting Standard (2004) unless required by a jurisdictional authority or an exchange on which the entity is listed to use a different method for measuring its greenhouse gas emissions;

Disclose the approach it uses to measure its greenhouse gas emissions including:

The measurement approach, inputs and assumptions the entity uses to measure its greenhouse gas emissions;

The reason why the entity has chosen the measurement approach, inputs and assumptions it uses to measure its greenhouse gas emissions; and

Any changes the entity made to the measurement approach, inputs and assumptions during the reporting period and the reasons for those changes.

Limiting Climate Impacts in Our Manufacturing Process Performance Data Tables - (Global)

Performance Data Tables - (Europe)

GHG Accounting Methodology

GHG Accounting Methodology GHG Accounting Methodology

GHG Accounting Methodology

Lamb Weston currently does not disclose this information. Lamb Weston currently does not disclose this information.

(continued)

International Financial Reporting Standards (IFRS( Foundation S2 Climate-related Disclosures (cont.(

INDICATOR

DISCLOSURE DESCRIPTION 2025 RESPONSE

METRICS AND TARGETS (cont.)

CLIMATE-RELATED TARGETS

Manufacturing

Whether the target and the methodology for setting the target has been validated by a third party;

The entity's processes for reviewing the target;

The metrics used to monitor progress towards reaching the target; and

Any revisions to the target and an explanation for those revisions.

GHG Accounting Methodology Governance

Our Approach to Sustainability Oversight

Limiting Climate Impacts in Our Manufacturing Process Our Sustainability Goals

Technology at North American Farms

(continued)

International Financial Reporting Standards (IFRS( Foundation S2 Climate-related Disclosures (cont.(

INDICATOR

DISCLOSURE DESCRIPTION 2025 RESPONSE

METRICS AND TARGETS (cont.)

CLIMATE-RELATED TARGETS (cont.)

Which greenhouse gases are covered by the target;

Whether Scope 1, Scope 2 or Scope 3 greenhouse gas emissions are covered by the target;

Whether the target is a gross greenhouse gas emissions target or net greenhouse gas emissions target. If the entity discloses a net greenhouse gas emissions target, the entity is also required to separately disclose its associated gross greenhouse gas emissions target;

Whether the target was derived using a sectoral decarbonisation approach; and

The entity's planned use of carbon credits to offset greenhouse gas emissions to achieve any net greenhouse gas emissions target. In explaining its planned use of carbon credits the entity shall disclose information including:

The extent to which, and how, achieving any net greenhouse gas emissions target relies on the use of carbon credits;

Which third-party scheme(s) will verify or certify the carbon credits;

The type of carbon credit, including whether the underlying offset will be nature-based or based on technological carbon removals, and whether the underlying offset is achieved through carbon reduction or removal; and

Any other factors necessary for users of general purpose financial reports to understand the credibility and integrity of the carbon credits the entity plans to use (for example, assumptions regarding the permanence of the carbon offset).

GHG Accounting Methodology

Our Sustainability Goals Manufacturing

GHG Accounting Methodology

Lamb Weston currently does not disclose this information.

Lamb Weston currently does not disclose this information. Lamb Weston currently does not disclose this information. Lamb Weston currently does not disclose this information.

Lamb Weston currently does not disclose this information.

Disclaimer

Lamb Weston Holdings Inc. published this content on April 20, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on April 20, 2026 at 18:56 UTC.