Making Climate Scenario Analysis Work for Your Company
Climate change is increasingly recognised as one of the most material risks facing companies in any sector. Investors expect companies to report and mitigate these risks, preferably in line with guidance released by the Taskforce on Climate Related Finance Disclosures (TCFD). One of the most significant pieces of work to support TCFD reporting is climate scenario analysis. This article clarifies some of the most important aspects for those new to climate scenario analysis, and those wishing to stay on top of the latest trends.