Climate risk assessment
Climate change poses a real and significant threat to company assets. So, climate risk management can save you big expenses. We provide a comprehensive assessment of major risks and integrate climate risk management into all levels of your operations.
Climate change will increasingly impact businesses and economies both through physical risks, like extreme weather events, and transition risks, such as evolving regulations and shifting market dynamics in response to climate change.
Understanding which areas of your business are most at risk is essential for business resilience and long-term success, as well as for meeting emerging regulatory requirements.
What companies need the climate risk assessment?
All large companies (meet at least two of the following at the consolidation group level: 250+ employees, €50+ million net turnover, €25+ million total assets) and all companies listed on regulated markets in the EU (except micro) – a regulatory requirement under the CSRD and EU Taxonomy Regulation.
Companies that want to get a loan from a bank on better terms. Most of leading banks ask for climate risk assessment, several investors too.
Companies whose value chain and field of activity are most affected by climate change (access to input materials, physical locations, consumer expectation, regulations etc).
Benefits of climate risk assessment
Regulatory compliance
Meet the reporting requirements under the CSRD, and EU Taxonomy Regulation with confidence.
Financial resilience
Identify risks early to avoid unexpected costs and disruptions.
Strategic alignment
Align your long-term business strategy with climate resilience goals, increasing your resilience and improving your competitive advantage.
Investor confidence
Demonstrate a proactive approach to managing climate risks, increasing transparency for investors and other financiers (banks, EU funds).
Sustainability leadership
Position your company as a leader in sustainability and responsible business practices.
Four ways we can help you
Leading complete risk assessment process
Conducting physical and transition climate risk assessment for your organization, including operations, assets, portfolio and value chain.
Creating plan for risk adaptation and opportunity spotting
Developing adaptation measures for risk mitigation – propose activities based on market benchmark, industry practice, common approaches. Identifying potential business opportunities in relation to climate change and assess their impacts for your organization.
Complying with standards and regulations
Aligning your risk assessment, management and reporting with relevant frameworks, including sustainability reporting standard (ESRS) of CSRD and disclosure requirements or TCFD climate-risk guidelines.
Training and mentoring your team in running the assessment on your own
Providing capacity building for your organization (trainings), highlighting the value and importance of climate risk assessment (seminars). Consulting you on climate risk assessment process, including on developing methodologies, implementing metrics and setting targets.
Methodology
Our climate risk assessment methodology uses both qualitative and quantitative approaches tailored to your needs, and follows (if relevant):
Requirements and principles of European Sustainability Reporting Standard (ESRS) and EU Taxonomy Regulation
Recognized frameworks such as the recommendations of the Task Force for Climate Related Financial Disclosures (TCFD)
Requirements of specific national or EU funding schemes
Key steps of climate risk assessment
- Risk identification
- Vulnerability assessment
- Likelihood assessment
- Severity analysis
- Resilience analysis
- Financial impact quantification
- Climate adaptation plan
Why partner with Sustinere
Save time
Focus on what you do best while we handle the complexities of ESG assessments. The ESRS requirements and EFRAG guidelines are intricate. So by outsourcing the first assessment to us, you ensure nothing is overlooked.
Budget-friendly
When you consider the time you and your team would spend learning, preparing, and conducting the assessment, bringing in skilled experts like us most of the time more cost-effective. Rest assured, your team will still play a vital role in the process.
Leverage our experience
In the past 1.5 years alone, we’ve completed over 20 ESRS-compliant double materiality assessments, working with listed companies, state-owned enterprises, cross-border operations, and large local firms — likely including organizations in your industry. We apply this wealth of experience to ensure an efficient process and tangible outcomes.
Certified expertise
While you could explore various one-click digital solutions, our dedicated team is here to engage with you directly. We speak your language and are always ready to answer all questions. Our experts aren’t generalists — they hold MSc and PhD degrees with specialized knowledge in environmental and social issues. Your industry insights and our expertise will make a dream team.