We provide the scientifically robust climate data required by organisations to produce climate risk regulatory, due diligence and disclosure reporting.
Whether it’s TCFD, Green Star, TNFD, Australian Sustainability Reporting Standard (ASRS), IFRS Standards, Equator Principles or other mandatory climate reporting, we draw on our extensive operational experience to deliver assessments for all types of climate risk, due diligence and disclosure reporting.
Examples
Climate Change
BNZ Climate Report 2023
For BNZ, we adopted the overlay analysis method which uses the spatial layer of a physical risk (e.g. flooding) and overlays it with a layer of the parcels to determine exposed sites. ClimSystems performed both the modelling of the climate data and the overlay analysis. The parcel approach was also chosen to align with the requirements of the RBNZ Climate Stress Test for 2023. BNZ chose to focus on reporting the mean inundation depth because without site-specific information (e.g. building footprint), modelling the mean inundation depth across a property can provide a more uniform representation of the potential flood exposure, compared to focusing on isolated and/or extreme depths.
Climate Change
KPMG Integrated Climate Change Scenarios for New Zealand’s Retail Sector
We provided physical climate risk data to KPMG who worked closely with retailers to support its appropriate interpretation. Granular historical and future data specific to the physical climate risks that could pose operational and consumer behavioural changes were processed by applying New Zealand MetService historical time series data at 4km resolution and an ensemble of the latest CMIP6 Earth System Models.
Sustainability
First Resources Sustainability Report 2022
We assessed the physical risk to production from climate change for First Resources, a major oil palm producer and product manufacturer with assets across Indonesia. We applied a third-party crop model specific to oil palm production to assess processing sites, plantation-by-plantation. We also assessed future yield potential as well as the financial implications of future changes in climate variables influential to the yield of oil palm.
Annual
Bloomsbury Annual Report 2023
We worked closely with Corporate Citizenship to deliver climate information that informed the analysis of the impact of extreme weather events for Bloomsbury, a publisher with sites in the UK, China, Australia and India. Analysis explored transport network delays in the supply and distribution of products, loss of products, and damage to manufacturing facilities and the resulting disruption to production and delivery.
See More
In a world where data drives success, ClimSystems has become an invaluable asset in the delivery of our climate stress test.
Senior Business Analyst
– Climate Risk Management (National Bank)
Related Projects
Frequently asked questions
Is your data compatible with TCFD reporting requirements?
Yes. Our data covers the IPCC SSP scenarios at five yearly increments out to 2100. We provide the 5th, 50th and 95th percentile data which allows uncertainty in the predicted climate to be quantified. Our climate metrics are extensive and cover chronic and acute hazards required by TCFD and the wide range of business domains disclosing under TCFD. A key goal of TCFD is to promote better disclosure of the financial implications of climate-related risks and opportunities. Our risk quantification model is ideally suited for this requirement and allows you to gain insight into the key elements of your business and business sector that impacts your financial performance. Quantification of climate-related risks and opportunities is carried out on a peril by peril and asset component by asset component basis for damage and productivity losses with adaptive capacity factored in.
Is your data compatible with framework proposed by the Taskforce on Nature-related Financial Disclosures?
Yes. Our data covers the IPCC SSP scenarios at five yearly increments out to 2100. We provide the 5th, 50th and 95th percentile data which allows uncertainty in the predicted climate to be quantified. Our climate metrics are extensive and cover chronic and acute hazards required by TNFD and the wide range of business domains disclosing under TNFD. A key goal of TCFD is to promote better disclosure of the nature-based implications of climate-related risks and opportunities. Our risk quantification model is ideally suited for this requirement and allows you to gain insight into the key nature-based elements of your business and business sector that impacts your financial performance. Quantification of climate-related risks and opportunities is carried out on a peril by peril and related nature-based and associated adaptive capacity basis.
Is your data compatible with the standards set by the Intergovernmental Panel on Climate Change?
Yes. Our data analysis and modelling methods are in line with IPCC protocols. Our data reflects the IPCC time slices and scenarios. We also follow IPCC protocols for super ensembles and sea level rise, for example. We are currently working with IPCC AR6 data and our staff are actively engaged in IPCC AR7 working groups.
What level of data and climate capability do I need to run a self-serve package like Foundation and Enterprise?
Yes. Our data analysis and modelling methods are in line with IPCC protocols. Our data reflects the IPCC time slices and scenarios. We also follow IPCC protocols for super ensembles and sea level rise, for example. We are currently working with IPCC AR6 data and our staff are actively engaged in IPCC AR7 working groups.
