The scenarios for analyzing physical risks reflect the three future climate change scenarios from the RCP (Representative Concentration Pathway) of the IPCC (Inter-governmental Panel on Climate Change) and the scenario under the TCFD technical guideline (FSB as letf: ❹ Scenario Analysis for Transition Risks Woori Financial Group is managing industries and business types as part of its portfolio management, and business types with high carbon emissions, etc., are classified and monitored to manage the transition risk that can occur due to the rapid transition to a low-carbon economy.