From Climate Risk to Strategic Insight
A few years ago, climate scenario analysis was a niche topic. Today, it’s becoming standard practice — especially as reporting frameworks like the CSRD and TCFD raise the bar for understanding climate-related risks. Across sectors, more and more companies are taking steps to explore how different climate futures could affect their operations and financial results. That’s real progress, and it’s worth recognizing.
But in many organizations, the journey stops too soon. Most current climate scenario work focuses on identifying and assessing individual risks — such as rising energy prices, new regulations, or physical disruptions to facilities. These are important issues, and mapping them is a valuable starting point.