Service Line: Climate Risk

A climate-risk assessment that supports decisions as well as disclosure.

We identify the climate risks most relevant to the business, agree which ones require action and give each priority a clear owner, budget and response plan. The same work also provides the content needed for disclosure.

Our subject matter expert is a lead author for the IPCC.

Ley 7/2021 · SpainCSRD / TCFD · EUSB 261 · CaliforniaM&A due diligence

Who you work with

Climate-risk work led by an IPCC lead author. The work is carried out directly by senior consultants.

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KN
Lead consultant

Keith Nelson

New Day Climate
LinkedIn
MT
Subject matter expert

Mark Trexler

The Climatographers
LinkedIn

Methodology

How an engagement runs.

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1
Identify
Build the long listScreen for materiality: three lenses
Output

A complete long list, narrowed to the risks that genuinely pass a materiality test, with the reasoning documented.

2
Prioritize
Group risks so decisions get easierScore and rank honestly
Output

A ranked list of priority risks, supported by documented reasoning, plus a watch list for risks that do not yet justify action.

3
Plan & govern
One-page fact sheet per priority riskFinancial modeling & reporting
Output

Fact sheets, a financial model, disclosure-ready reporting, and a governance map giving every risk an owner, a working group, a budget and indicators to watch.

See the full methodologyHide the full methodology

1 · Identify

Build the long list
  • Research plus interviews across your functions: physical, transition, strategic and systemic categories
  • Workshop introducing key concepts of risk thinking and transition strategy
  • Use climate-model data where it materially improves the assessment.
Screen for materiality: three lenses
  • Financial: plausible impact of at least 1.5% of revenue, or 2% of growth, in a single year
  • A material negative impact on the environment or on society
  • Any risk to the health and safety of employees or users: a hard red line

2 · Prioritize

Group risks so decisions get easier
  • Grouped by causal mechanism: what actually drives this family of risks
  • Grouped by decision-owner and budget-owner: who decides, who pays
  • Grouped by timeframe, matched to your contract lengths and asset life
Score and rank honestly
  • Validated in working meetings with the functions that own each risk
  • Scored on imminence, short-term severity, long-term severity, and readiness
  • Every risk lands in a clear verdict: watch, plan, act, or urgent

3 · Plan & govern

One-page fact sheet per priority risk
  • A measurable goal and acceptable-risk threshold
  • Mitigation tactics screened: can we do it, would it help, can we afford it
  • Implementation calibrated to our level of certainty about the risk
Financial modeling & reporting
  • Impacts modeled over 5, 10 and 15-year horizons under two NGFS scenarios
  • Documented assumptions and sensitivity analysis showing which results are robust and which depend heavily on uncertain inputs.
  • TCFD-aligned reporting content, ready for your legal disclosure

Climate-risk management takes time to embed across a business. The first engagement establishes the method, identifies immediate priorities and gives executives a practical basis for action.

Interactive tool · live demo

Scenario Explorer

Adjust the assumptions to see how they change the estimated financial effect.

Not sure how exposed you really are?

A short introductory call can establish whether the exposure is material enough to justify a full assessment and where the work should begin.