Explainers

The Business Case
Review Ambition
Drive Board Action
Implement the Transition
Ensure Accountability
Accelerate Business Transformation
Embedding climate risk into decision-making
External Link
Explainer | 28 Sep 2023

The use of scenario analysis in disclosure of climate-related risks and opportunities

TCFD guidance on scenario analysis.

External Link
Explainer | 20 Sep 2023

Setting the Scene on Climate Scenarios

Scenario models have formed a substantive part of managing financial risk for years. WTW look at how climate impacts – and transition - bring new subtleties to the way organizations and governments understand and use them.

External Link
Explainer | 1 May 2023

Climate scenario analysis for banks and financial institutions

In this three-part series on climate scenario analysis, KPMG examines banks and other financial institutions’ end-to-end climate risk scenario analysis models.

External Link
Explainer | 6 Mar 2023

Biodiversity as a material financial risk: What Board directors need to know

This guide, produced by the Commonwealth Climate and Law Initiative (CCLI) and the Climate Governance Initiative, highlights the material financial risks and opportunities, and directors’ duties of loyalty and care, related to biodiversity loss. It also provides key questions board directors should ask in the boardroom.

External Link
Explainer | 19 Jan 2023

The Chairperson's guide to valuing nature

This guide, produced by the World Economic Forum and the Climate Governance Initiative in collaboration with Deloitte, explores risks and opportunities related to nature loss and outlines key steps Chairs, non-executive directors and board members can take to incorporate nature as core to business strategy.

External Link
Explainer | 12 Apr 2022

The 4 Main Drivers of Transition Risk, and Why They are Increasing

Jo Paisley of GARP has written a useful primer exploring the risks that arise from the process of transitioning the economy to net-zero emissions.

Chapter_Zero_Aligning_pension_funds_and_corporate_climate_ambitions
Explainer | 29 Jun 2021

Aligning pension funds and corporate climate ambitions

Insights from a panel discussion on 29 June 2021, co-hosted by the Centre for Climate Engagement and Chapter Zero as part of London Climate Action Week.