As the impacts of climate change intensify, businesses must navigate the complexities of what climate change will mean for them, from both a risk and opportunity lens.

Here are some of the key steps in conducting a climate risk and opportunity assessment—a strategic imperative for building business resilience.

With climate risks and opportunity a central part of the Task Force on Climate-related Financial Disclosure (TCFD) recommendations, the risk assessment process is a must do for any businesses in the UK with over 500 employees and £500 million in turnover under the Companies Act 2006, and other financial businesses. Smaller businesses can also benefit, as the process will enhance risk management processes, grow your organisational resilience, and may even open up opportunities for business growth in a low carbon economy ⚡

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