Climate Risk Consultants

Discover climate risk solutions that work for your enterprise.

Supporting businesses to understand and mitigate against climate risk

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All companies face risk from climate change, and they must understand the financial impact of these risks to their business and implement strategies to mitigate them.

By investing in and implementing the right governance, risk management and strategic planning processes, companies become more resilient to these risks and potentially take advantage of the opportunities posed. Through effective reporting, they will be in a strong position to make better decisions for their future business, as well as fully informing those stakeholders who have an interest in their activities.

Increasingly, investors and governments are expecting companies to disclose information on climate risk, following formal frameworks such as the Task Force on Climate-related Financial Disclosures (TCFD). The Task Force on Climate-related Financial Disclosures (TCFD), officially disbanded in late 2023, as the IFRS Foundation took over responsibility for monitoring progress on companies’ climate-related disclosures. Get an Introduction to the International Sustainability Standards Board (ISSB).

Anthesis’ Climate Risk Services

Through our climate risk solutions, we support companies and asset managers to gain insight into their climate risks and opportunities. Our climate risk consultants and strategists can assist you from undertaking a high-level analysis of risk and disclosure through to the completion of a more in-depth climate risk and opportunity profile to allow your organisation to build resilience. For each of these services, we start by undertaking a review of your current climate strategy and disclosures, such as CDP, CDSB and SASB, to allow you to understand where you are and where you need to focus.

Our Approach to Climate Risk

Climate Risk Screening – We assess the risks and opportunities that climate change poses to each area of your organisation and define those that will have the greatest impact.

Scenario Analysis – We model your organisation’s climate-related risks and opportunities and the impact on financial results under different climate scenarios to give you clear, quantitative insight into areas of concern.

Climate Risk Strategy – We develop a strategy that defines a forward path for setting and meeting targets and prepares you for disclosure to help minimise risk and maximise value.

Climate Mitigation & Adaptation – We support you to identify and measure the performance of the mitigation and adaptation actions required to reduce climate risk exposure and maximise the opportunities presented in a net zero transition.

Contact our climate risk consultants

Net Zero Strategy

Achieving Net Zero requires coordinated action touching on many aspects of the organisation. What may seem daunting can be broken down into strategic and manageable transformation pathways that start with analytics, move on to developing solutions, and end in implementing change.

Download our net zero guide

Case Studies

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Harmony Energy Income Trust’s Climate and Nature Disclosures

The Situation As an investor in battery energy storage systems (BESS) and renewable energy generation projects, Harmony Energy Income Trust (HEIT) sought to enhance its understanding, management, and disclosure of climate-and nature-related risks and opportunities. Based in the UK, HEIT’s business model supports and depends on a successful net-zero transition and thriving natural ecosystems, making…

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A Decarbonisation Roadmap to Achieve Net Zero in the Apparel Industry

The Situation A multinational premium apparel retailer with a global supplier base committed to a net zero pathway (90% reduction in emissions by 2050) through the UN Fashion Industry Charter for Climate Action (FICCA). The company commissioned Anthesis to develop a decarbonisation roadmap of priority GHG emission reduction levers available in its journey towards net…

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Developing Research for the British International Investment Emerging Economies Climate Report

The Situation Anthesis is proud to have assisted British International Investment (BII) with its 2023 Emerging Economies Climate Report. The report looks at how the climate crisis affects businesses in emerging economies to raise awareness of the impacts of climate change now and in the future, and the investment needed to support these businesses. Solutions…

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Supporting Inter-American Development Bank to Release Green Hydrogen Report

The Situation In 2015, at the 21st Conference of the Parties in Paris, 195 countries signed a legally binding agreement to engage in outlining and implementing national strategies to keep global warming “well below 2°C above pre-industrial levels.” Achieving this target will require a monumental change in how we use and consume materials and energy. Energy…

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Collaborating with the WWF on Financial Sector Impacts Report

The Situation We collaborated with the World Wide Fund for Nature (WWF) to write and publish a report regarding the UK financial sector’s role in deforestation in Asia and Latin America. Our Solutions We assessed the policies of financial institutions on environmental and social impacts and reviewed voluntary and mandatory due diligence frameworks and proposed…

1 5

It was a pleasure to work with Anthesis on a pilot scenario analysis exercise to help us get a richer understanding on climate risk. The team assembled to work on our project had a deep understanding of the topic, excellent facilitation skills, and a real knack of making a complex issue simple and accessible for a range of people. They work in a very engaging manner and recognise the skills and expertise that a breadth of people within an organisation can bring. This has helped us with our goal to embed this new view and activity into the business rather than build a reliance on outsourced support.

Group Director ESG & Sustainability, Currys PLC

Why act now on climate risk?

Taking action on climate risk can also help companies to take advantage of the economic benefits and financial incentives associated with carbon reduction and improve their sustainability credentials.

Transition Risk

As companies commit to transitioning to low carbon and net zero futures, they must understand the implications to their business. Operations that are exposed to the risks of energy price increases or carbon taxation are at risk of increased Opex or even stranded assets.

Physical impacts

Increasingly severe and frequent extreme weather events, including record wildfires, temperatures, droughts, and floods, demonstrate that climate change risks are real today. These events are leading to significant financial and economic losses and increased pressure on company assets and supply chains.

Mandatory reporting is here

Governments are increasingly requiring companies to report on and disclose information relating to their climate risks. Understanding your climate risks now will help you to prepare for this impending regulatory requirement.

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Investor expectations

Investors now consider climate change a material issue in many industries and expect directors to consider the potential impacts on company performance. Many of those investors are now calling on companies and asset managers to report on physical climate change risks and how they will transition to a low-carbon economy. This is now a mandatory requirement for investors signed up to the UN Principles for Responsible Investment (UN PRI).