Services
Accelerating the Green Transition with Comprehensive Climate Risk Solutions for Financial Institutions and Corporates
Our Approach
Why focus on climate and nature-related risks?
Our theory of change is simple: organisations already speak the language of risk. Approaching climate change and nature loss as a business risk gives you a powerful lens to manage your risk exposure informed by scientific data. This allows you to integrate climate and nature related risks within your already established risk management processes.
Incorporating climate and nature-related risks into investment and insurance flows is not just good for the planet, it is where future-proof capital is going. Managing climate risks in finance paves the way to the green transition.
Scenarios & Strategy
How can my organisation best use scenario planning?
Understanding how climate change and nature degradation may impact business continuity is crucial for informed decision-making. But the green transition may come in many forms and with many uncertainties.
To address this, we facilitate a systematic approach to scenario generation. We start with reference scenarios from institutional providers – such as the IPCC, NGFS and IEA – since these provide a baseline for comparability. On top of these, we design organisation-specific narratives to trigger strategic conversations about the implications of transition pathways on core business drivers and the dynamics within your value chain. Scenarios are useful for stress-testing your organisational strengths, identifying potential vulnerabilities, and defining early warning indicators to be monitored.
We use scenarios to facilitate the development of holistic climate strategies in a series of open-ended workshops. A robust, resilient climate strategy mitigates known risks, leverages organisational capabilities and can be incorporated into the operational roadmap.
Maturity Assessment
What is the first step to get started with climate and nature risk management? And then what?
We guide you through a series of questionnaires to diagnose your organisation’s maturity in climate risk management. Results are presented in workshops with maturity scores, peer benchmarking, case studies and best practices.
We currently offer standardised questionnaires to assess TCFD and TNFD compliance as well as adaptive capacity for financial institutions. We also provide support on technical topics such as carbon accounting, target setting and transition planning.
Portfolio & Asset Scan
How much risk is my organisation facing?
We conduct comprehensive portfolio scans to assess climate and nature risks for financial institutions. This maps physical hazard exposure of your portfolio into sector-geography pairs. For corporates, we perform asset-level scans, including relevant infrastructure and nearby settlements. We can also provide sector-specific insights, such as crop yield variability for the agriculture sector.
Our analytics platform delivers outputs optimised for disclosure, planning and decision support within your organisation.
Climate Data
What kinds of insights are possible with climate data?
Our climate data scientists utilise cutting-edge climate model data from leading providers like CMIP (IPCC) and IIASA to generate physical risk models. We add sector-level hazard sensitivity to create simple yet powerful visualisations of portfolio and asset risks.
Risks are visualised geographically and up to year 2100, presented in 4 time horizons – baseline (1981-2010), short term (2011-2040), medium term (2041-2070) and long term (2071-2100). Currently, our analytics covers ten hazard types, namely: coastal flooding, river flooding, wildfires, tropical cyclones, heat and cold waves, heat and cold stress, water stress, drought, erosion and crop yield variability.
With our climate analytics results, you gain deeper insight into your vulnerabilities and can take steps to build resilience.
Trainings & Capacity Building
How can my organisation embed climate and nature related risks in practice?
CRS offers (bespoke) trainings to raise awareness and support implementation of climate and nature-related risks in practice. We cover a broad range of topics, and have delivered such trainings to organisations across multiple sectors. We also provide disclosure support in line with leading reporting frameworks, such as TCFD, TNFD and PCAF.
We are able to assist you with a range of expert advisory services aimed at capacity building within your organisation: from process design based on best practices to cross-functional alignment for coherent risk management.
Be part of the climate solution.
Our clients span development finance, impact investment, financial institutions, as well as corporates in mining, electrics, agriculture, and food & beverage.
Interested in working with us? Schedule an expert advisory call, today!