ESG Risk Framework™
Identify and manage ESG and climate-related risks and prepare for disclosure obligations.
ESG risk covers environmental, social, governance and climate exposures and obligations. This framework manages materiality, climate scenarios, metrics and disclosure readiness.
ESG and climate risks — and the disclosure expectations around them — are growing faster than most organisations' ability to assess and report them.
Identify and manage ESG and climate-related risks and prepare for disclosure obligations.
- Boards
- Sustainability leaders
- CROs
- Investors-facing teams
- ESG materiality
- ESG risk taxonomy
- Climate scenario analysis
- Metrics & targets
- Disclosure readiness
- ESG governance
- The board/sustainability committee owns; the CRO integrates ESG into ERM; reporting flows to the board and external stakeholders.
Fragile
Maturity level 1 of the shared Outliers risk spine — Fragile.
Functional
Maturity level 2 of the shared Outliers risk spine — Functional.
Disciplined
Maturity level 3 of the shared Outliers risk spine — Disciplined.
Strategic
Maturity level 4 of the shared Outliers risk spine — Strategic.
Resilient
Maturity level 5 of the shared Outliers risk spine — Resilient.
- Assess ESG materiality
- Build the ESG risk taxonomy
- Run climate scenario analysis
- Set metrics and targets
- Prepare for disclosure
- ESG risk register
- Climate scenario pack
- Disclosure-readiness assessment
- ESG risk policy
- Climate risk standard
- ESG disclosure standard
- Material ESG risks tracked
- Climate scenario exposure
- ESG metric/target attainment
- Disclosure-readiness score
- What are our material ESG and climate risks?
- How resilient are we to climate scenarios?
- Are we ready for current and forthcoming disclosure rules?
- Are ESG metrics integrated with strategy?
Related across the Risk Centre
Across the ecosystem
Knowledge graph · 4 relations