Climate Change Data

Environmental Metrics

ESG Focus Areas

• Nature-related risk

Climate Goals & Targets

Environmental Challenges

• Lack of established nature scenario and economic modelling infrastructure.
• Complexity of nature and the array of interdependent variables.
• Nascent regulatory progress on nature.
• Low market maturity compared to climate.
• Challenges in identifying how nature-related risks play out on portfolios.
• Challenges in identifying which datasets to use and accessing data in decision-useful formats.
• Challenges in developing and selecting appropriate methodologies for assessing nature-related risk.

Mitigation Strategies

• Developing capability and acquiring data.
• Investigating risks and opportunities.
• Allocating responsibilities and reporting transparently.
• Knowledge sharing, education and increasing awareness of best practice approaches.
• Adopting a phased approach, proportionate to the pace of development and flexible to future changes.
• Leveraging existing work performed for climate risk embedding.
• Collaboration with industry initiatives and external organizations.
• Development of nature-related scenario analysis capabilities.

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events

Transition Risks

• Changes in regulation and policy
• Changes in technology
• Changes in investor sentiment and consumer preferences

Opportunities

• Nature-based solutions

Reporting Standards

Frameworks Used: TNFD