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Climate Risk

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DNV GL helps investors, asset managers and companies identify, manage and disclose climate risks & opportunities to financial performance.

Financial markets are increasingly prioritising the assessment of climate risks impact on portfolios, and the recent publication of the FSB Task Force on Climate-related Financial Disclosures (TCFD) recommendations provide guidance to companies on the disclosures markets need to do so effectively.

The TCFD recommendations apply to all G20 countries with listed equity or debt, including asset owners (such as pension plans) and asset managers. The transition to a low-carbon economy creates physical, transition and liability risks – but it also provides opportunities for financial outperformance that can be captured..
DNV GL can help asset owners, asset managers and companies to:

  • Identify the material physical and non-physical climate risks and opportunities impacting portfolio or company performance in the short, medium and long term
  • Evaluate the potential financial impact of climate risks
  • Develop and implement plans to manage climate risks & opportunities, including governance frameworks
  • Integrate climate risk into risk management processes and tools
  • Assess your ability to respond to the TCFD recommendations & investor expectations
  • Benchmark against peers/best practice
  • Develop the right metrics to measure climate risk impacts
  • Support the disclosure of climate risks to stakeholders via reporting and assurance
  • Increase competence in climate risk via training for key functions (e.g. Finance, Investor Relations, Risk, Audit etc)
  • Validate and unlock access to green financing mechanisms such as green bonds 

Contact us:

Douglas Farquhar

Douglas Farquhar

Principal Consultant

Guide to companies on disclosing climate risks and opportunities

Download guide

How to start preparing for climate risk disclosures

Since the FSB’s Task Force for Climate-related Financial Disclosures (TCFD) published its recommendations report, there has been a lot of discussion and confusion on what, if anything, companies should be doing in response. Based on our discussions with investors to date, here is our guide to companies on disclosing climate risks and opportunities.

How to start preparing for climate risk disclosures

Other services

Green Bonds

A DNV GL opinion provides an independent assessment of the accuracy and integrity of green bond information & data that are used for strategic decision making by investors

Corporate Governance Assessment

Through our governance expertise and investor insight, we help companies understand and manage their risk exposure.

Environmental, Social & Governance (ESG) Due Diligence

An ESG Due Diligence reduces the risk. We can help you uncover risks and unknown factors to ensure you make appropriate assessments.

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