Climate Risk Analysis
Climate Risk Analysis
Climate change increases the risk that companies will be affected by climate-related hazards more frequently and on a larger scale. It is therefore essential to make a proper assessment of the potential impacts.
The assessment of climate risks is crucial not only for compliance with the EU Taxonomy Regulation but also for the implementation of the CSRD. The analysis of physical climate risks is particularly important. The assessment must be based on the highest-resolution, state-of-the-art climate projections. Depending on the results, appropriate adjustments must be planned and implemented within a specified time frame.
For your specific project, we will prepare a climate risk analysis in the following formats:
1. Climate Risk Analysis – Easy
Providing relevant climate indicators as a concise basis for an initial assessment of climate-related risks.
2. Climate Risk Analysis – Grand
Includes climate indicators, the identification of potential negative impacts, and the assessment of appropriate measures.
3. Climate Risk Analysis – Report/Study
Includes a structured report, comprehensive documentation, expert consultation, and a complete presentation of the analysis results.
What are corporate climate risks?
For businesses, climate risks are the potential negative consequences of climate change. In a business context, a distinction is made between physical and transitory risks.
What are physical climate risks from a company's perspective?
Physical climate risks for businesses include, for example, potential damage to buildings. They result from climate hazards such as drought, water scarcity, heat, heavy rainfall, and rising sea levels. Some of these problems are currently recognized as natural hazards, the likelihood and severity of which are increasing due to climate change.
What are transitory climate risks?
Transitional climate risks for companies arise in particular from the gradual decarbonization of the economy—that is, from the effects of ambitious climate protection policies. These include stricter emissions trading rules, more stringent efficiency regulations, and the promotion of sustainable technologies.
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