Sustainability and Climate Risk
Climate change creates complex risks that span physical impacts, transitional challenges, and regulatory requirements, making it difficult for organizations to develop comprehensive response strategies. Many companies lack the specialized expertise necessary to conduct thorough climate risk assessments, particularly regarding physical risks that may manifest over different time horizons and geographic locations. The challenge is compounded by the need to integrate climate considerations into existing risk management and strategic planning processes while addressing uncertainties inherent in climate projections and policy developments.
Boards face particular challenges in overseeing climate-related risks due to the technical complexity of climate science, the long-term nature of many climate impacts, and the need to balance immediate business priorities with longer-term sustainability objectives. The growing requirements for climate disclosure, including TCFD / IFRS S1 and S2 / local country implementations of IFRS, recommendations and emerging regulatory mandates, require sophisticated data collection and analysis capabilities that many organizations have not yet developed. Additionally, the transition to a low-carbon economy creates both risks and opportunities that require careful evaluation and strategic response, including considerations of stranded assets, changing consumer preferences, and evolving regulatory landscapes.
Solutions We Offer
- Comprehensive climate risk assessment and scenario analysis
- Climate adaptation strategy development and implementation
- TCFD/IFRS disclosure framework implementation and reporting
- Physical climate risk modeling and impact assessment
- Transition risk analysis and strategic planning
- Climate governance structure design and board education
- Science-based target setting and implementation planning
- Climate resilience planning and infrastructure assessment
- Carbon footprint measurement and reduction strategies
- Climate-related financial impact analysis
- Climate policy monitoring and regulatory compliance support
- Climate opportunity identification and business model innovation
