Climate scenario analysis and TCFD disclosure
- Client Name
- Rotork
- Location
Challenge
Rotork is working towards full-disclosure against the Taskforce on Climate Related Financial Disclosure framework. To achieve this, Rotork required a climate scenario analysis to assess transition and physical impacts in financial terms across its business.
Solution
- TCFD readiness review to assess gaps against TCFD recommendations
- Qualitative assessment of transition and physical risks and opportunities
- Quantification of financial impact for prioritised risks and opportunities
- TCFD implementation strategy and roadmap
- TCFD report
Impact
- Disclosure of results of TCFD analysis in Sustainability Report
- Handover and training on the TCFD quantification of climate risks and opportunities, and discussion on relevant variables and assumptions which sat behind the model and analysis