Risk Management Solutions

We are aware that resilience against climate-related risks is key to a business’ continued success and survival. Drawing upon the framework of Taskforce for Climate-related Disclosures (TCFD), we focus on defining the level of financial risk to an organisation through the financial statements based upon the ‘likely’ sector impacts for your transition pathway.

How it works:

Track carbon’s analysts will use your data, and our in-house models to determine which variables are most significant in your sector as policy frameworks, legislation, technology and markets evolve to accommodate the planned transition pathway for net zero emissions in the UK. We then review IFRS accounting standards to understand how these might require your business to comply with essential accounting and disclosure practices. Track Carbon consults the most recent recommendations of the IFRS Foundation, IASB and CDSB to determine the accounting treatment given to climate risks under the existing IFRS Accounting standards.

Benefits:

Insightfully respond to insurers, lenders, investors and regulators with timely climate-related financial disclosures around the risks and opportunities from April 2022.

Unified emissions management in real time: interactive view of climate data, risk models and intensity ratios to inform group strategy.

Operational & management performance information captured for apt decision-making.

Identification of sectorial impacts based on your transition pathway & its financial materiality.