All industries will be affected by climate risk and need to respond.
From threats to business continuity and reputation to directly influencing investment or divestment decisions, understanding and acting on climate risk is crucial for all businesses.
ERM’s subject matter experts leverage deep technical and industry expertise, as well as in-house digital tools, to develop customized solutions that help businesses understand, manage and disclose their exposure to climate change. Specifically, we work with clients to:
- Identify and financially quantify climate risks and opportunities across the business using scenario analysis, and prepare responses
- Develop, test and implement mitigation, adaptation and transition strategies
- Comply with in-place or incoming regulations (for example: IFRS, CSRD, SEC)
- Disclose the management of climate risk and opportunities to meet stakeholder expectations
Working with ERM our clients have found opportunities for:
- Maximized revenue
- Minimized costs
- New products and services
- Better business continuity
- Enhanced access to capital
As the authors of the TCFD’s original recommendations on scenario analysis, and through our contribution to an abundance of sectoral and regional guidance, ERM has led the way in making the process of assessing climate-related risks and opportunities practical and accessible.
We provide action-ready insights that are used by executives and site personnel alike to drive and implement change and prepare strategic solutions that ensure businesses have a comprehensive plan for managing climate risk and opportunity. Our objective is to facilitate value creation and protection through risk management, as well as strategic transformation and change.
ERM’s seven steps offer a way forward for businesses no matter what stage they are at, fulfilling diverse needs from enabling informed decision-making, managing investor confidence, strengthening compliance, and beyond.
For more information
Contact us at: climaterisk@erm.com
