Climate Risk and Opportunity
Preparing for the effects of climate change
What is climate risk & opportunity?
Climate risk refers to the potential disruptions and financial liabilities businesses face due to climate change, including regulatory shifts, extreme weather events, and evolving market expectations. These risks are driven by rising greenhouse gas (GHG) emissions from human activities like fossil fuel consumption and industrial processes, which lead to systemic changes in ecosystems, economies, and global markets.
However, climate change also presents significant opportunities for forward-thinking companies. The transition to a low-carbon economy not only reduces emissions but also opens doors for innovation, new market segments, enhanced brand reputation, and attracting top talent. Companies that proactively respond can secure a competitive edge in a rapidly evolving landscape.
How does climate risk affect businesses?
Businesses that fail to address climate risk are exposed to potentially severe financial consequences, operational disruptions, and reputational damage. As extreme weather events intensify, regulations tighten, and consumer expectations shift, businesses need to adapt swiftly to safeguard their market position and future-proof their operations.
Senior leaders must integrate climate risk considerations into their core strategy, leveraging data to anticipate shifts and uncover opportunities. By aligning with best practices in climate risk management, companies can demonstrate resilience and leadership to investors, stakeholders, and the market.
How we can help with your climate risk planning
We support leadership teams in building resilience and unlocking value in the face of climate challenges. Our bespoke services are designed to help your business thrive in this evolving landscape:
We provide workshops to organisations to empower staff to understand, manage and respond to climate-related challenges.
We can provide a gap analysis of the governance, processes, strategy and measurement approach that your business takes and how it stacks up to current best practice. Both beginner and advanced readiness assessments are available.
We analyse the potential physical and transition risks / opportunities posed by climate change, and deliver a risk / opportunities registers via stakeholder consultation.
We develop a climate risk strategy for your business to manage and prepare for the risks and opportunities associated with climate change.
We work with clients to develop transparent climate risk and opportunity reporting for internal and external stakeholders.
Why choose Acclaro?
At Acclaro, we simplify sustainability by turning complexity into clarity. We don’t just help you meet today’s sustainability challenges – we empower you to integrate sustainability into the core of your business for lasting impact and future success.
A guide to Climate Risk & Opportunity
Climate risk is a critical issue that demands attention at the highest levels of leadership. Download our guide to explore:
- Physical risks vs transition risks: Understand the different types of climate risks and their implications for business continuity and growth
- Strategic implications for senior leadership: Learn how climate risks and opportunities can shape your business strategy and bottom line.
- Navigating the UK regulatory environment: Stay ahead of climate regulations in the UK, ensuring compliance and strategic alignment
- Global climate risk landscape: Gain insights into the global trends shaping climate risks and opportunities
A Guide to Climate Risk
How can we help you?
Would you like to learn more about how we can support your organisation in integrating climate risk planning into your net zero transition?
Related services
Net zero roadmap
Our net zero roadmaps are aligned with climate science and standards, on a full scope 1, 2 and 3 baseline.
Carbon pricing
We can develop your bespoke internal carbon pricing strategy incorporate the cost of carbon into investment decisions, budgeting and project planning
Energy & climate reporting
Whether it’s mandatory energy reporting like ESOS or SECR, or voluntary schemes, we guide companies through reporting their environmental impact.
