ENVIRONMENTAL CONSULTING
Assess Your Climate Risks & Opportunities
Integrate climate risk reporting into your emissions reduction strategy
As we work to mitigate the most severe impacts of climate change, its effects are becoming increasingly evident through extreme global weather events, water scarcity, famine, and other related crises. Given the potential to impact your value chain and business operations, governments and regulators worldwide are increasingly mandating disclosure and quantification of climate risks to investors, with many adopting the International Sustainability Standards Board (ISSB) Standards. At 3Degrees, we help prepare you by assessing your climate risks and turning them into opportunities through risk mitigation and adaptation initiatives.
Together we can start addressing the highest priority areas for your organization with a climate risk assessment.
The need for climate risk reporting
Public climate disclosures are a new reality that organizations cannot ignore. Organizations must prepare for all current and pending requirements:
Given the multitude of regulations governing climate reporting, it’s easy to question whether your organization falls within their scope. However, even if recent or upcoming regulations do not directly affect your organization, it remains critical to understand and assess climate-related risks. Not only is this a key piece of your organization’s overall corporate governance, but it also presents an opportunity to uncover climate opportunities like:
Climate risk can help identify both mitigation and adaptation opportunities for your organization.
Navigate climate-related financial disclosures with ease
3Degrees has climate risk assessment solutions to support financial and non-financial sectors with their disclosure readiness. We can help by:
GHG Inventory Review
- Reviewing your greenhouse gas (GHG) inventory for gaps and work to build a complete carbon accounting profile
- Assessing your inventory against that of your peers
Climate Risk Analysis
- Conducting climate risk analyses and scenario assessments
- Developing robust mitigation and transition plans
Double Materiality Assessment
- Supporting organizations with Double Materiality Assessments (DMAs), a requirement of the CSRD and another method that can be used to determine the scope of your disclosure requirements
DMAs go beyond an organization’s financial performance and internal operations to understand the greater impacts, risks and opportunities of society and the environment on the company, and vice versa.
Suggested insights
We walk you through best practices for the DMA and the stakeholder engagement required for robust CSRD compliance in this article.
In this article, we’ll explain why an understanding of the framework of the ISSB Standards can benefit an organization in taking advantage of their climate opportunities.
The SEC’s new climate-related disclosure rule is complex, so we break down the key highlights in our latest infographic.
Protect your organization against climate risks.
