Climate risk, action and disclosure
Does climate change create risk for your business - and
do you need to report on it?
If you’re not sure, you’re not alone. Climate risk assessment, action pans, transition plans and disclosure requirements are growing fast. We help businesses understand what’s actually relevant to them and do something about it – in proportion to their size and sector.
What is climate risk, action and disclosure all about?
First, understanding the real risks and opportunities that climate change poses to your business – from flooding and extreme heat to rising costs and tightening regulation. Second, deciding what you’re going to do about them. If anything. Third is reporting on one and two to people asking about it, typically customers, investors, supply chain partners and colleagues.
01
Physical risk
How extreme weather events and longer term climate shifts could affect your sites, operations and supply chain.
02
Transition risk
The business impact of policy changes, carbon pricing, new technologies and shifting customer expectations.
03
Opportunity
The potential upsides. Efficiency gains, new markets, new products, supply chain resilience, innovation and more…
04
Reporting and disclosure
Reporting what you’ve found to audiences that are asking or are interested – customers, investors, regulators and lenders, Credibly.
Do I actually need to do this? Possibly. UK SRS S2 and IFRS S2 are making climate risk disclosure mandatory for an increasing number of businesses. But even before that, customers, investors and lenders are already asking. We’ll tell you honestly what applies to your situation – and what doesn’t.
Where do I start? With a conversation. Many businesses we work with are low risk and have no obligations so no action needed currently. For others, typically larger more regulated businesses, it is on the horizon so worth while getting the wheels in motion. We help you understand what’s genuinely material to your business, prioritise the steps that matter most, and build from there at a pace that works.
Our services
START HERE
UNDERSTAND YOUR RISKS / OPPORTUNITIES
REPORT WITH CONFIDENCE
Double materiality
Define which sustainability / ESG topics are genuinely material to your business. This is the essential foundation for all credible risk assessments, strategies and plans.
Climate risk assessment
Identify and quantify physical and transition risks / opportunities across your operations and value chain. Then decide what you’re going to do about them.
Sustainability / ESG reporting and disclosure
Produce compliant, credible reports and disclosures for the people asking or a target audience that cares. Comply with regulations such as IFRS S1/S2, UK SRS and CSRD.
FOR THOSE ALREADY UP TO SPEED
We work across IFRS S1/S2, UK SRS S1/S2, CSRD/ESRS, TCFD, GRI and Transition Planning (TPT). Our scenario analysis covers IEA NZE, APS and STEPS pathways and the full IPCC SSP/RCP family. We do double materiality assessments to ESRS standards, Scope 1/2/3 emissions integration and assurance-ready documentation. If you know what you need, let’s talk!
IFRS S1 / S2, UK SRS S1 / S2, CSRD / ESRS E1, TCFD, GRI, TPT, IEA NZE / APS / STEPS, IPCC SSP / RCP, ISO 14090, GHG Protocol, ISSA 5000