CLIMATE RISK ASSESSMENT FOR ESG AND REGULATORY REPORTING

Our climate risk assessment service, delivered by our team of PhD-level scientists and sustainability consultants, helps organizations understand how climate change could affect their assets, operations and value chains. This climate impact assessment for business provides a credible, evidence-based foundation for governance, strategy and disclosure, including support for TCFD climate risk reporting.

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ASSESS YOUR CLIMATE RISKS TODAY

WHAT IS CLIMATE RISK AND WHY DOES IT MATTER?

Climate risk and resilience planning is now a critical aspect of corporate sustainability and operational strategy. Extreme weather events, evolving precipitation patterns, global temperature increases, and regulatory changes are posing unprecedented challenges to businesses. Organizations that proactively undertake a climate change risk analysis are better positioned to protect assets, maintain operations, and demonstrate leadership to investors, clients and regulators.

Tunley Environmental’s Climate Risk and Resilience Service provides a structured, two-phase process delivered by our PhD-level scientists, ensuring scientific precision and credibility. The first phase focuses on identifying and evaluating climate-related risks through a comprehensive climate risk assessment, while the second delivers a forward-looking resilience plan to mitigate impact. Together, these provide clients with both a clear understanding of their vulnerabilities and a practical pathway to strengthen preparedness.

Clear Visibility of Risk Exposure

Understand how climate-related risks affect your assets, operations and financial performance through a structured climate risk assessment.

Stronger Strategic Decision-making

Embed climate risk assessment insights into corporate strategy and risk management to support confident, evidence-based decisions.

Improved compliance and Stakeholder Credibility

Strengthen alignment with regulatory expectations and enhance trust with investors, regulators and external stakeholders.

Structured climate impact assessment for business

Apply a robust climate impact assessment for business to support governance, disclosure and long-term planning.

Evidence-based climate change risk analysis

Benefit from scenario-led climate change risk analysis using multiple climate projections to test exposure across future conditions.

HOW TUNLEY CAN HELP

A climate risk assessment provides organizations with a clear, evidence-based understanding of how climate change may impact their assets, operations, and value chains. By identifying and prioritizing climate-related risks, businesses can make data informed actions to protect operations, manage financial exposure, and meet regulatory and stakeholder expectations. Our assessments are delivered by a team of PhD-level scientists, ensuring robust methodologies and actionable insights.

Assessing climate risk is not a one-size-fits-all process. Each organization faces unique physical, transitional, and reputational challenges. Tunley’s expert team tailors’ assessments to your sector, location, and operational profile, providing the foundation for informed mitigation and long-term resilience planning. For organisations seeking a more comprehensive approach, we can extend the initial assessment into a bespoke climate resilience plan.

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Our climate risk assessment identifies and prioritizes climate-related risks across your operations, assets, and value chain. We carry this out for your organization using robust data and sector-specific analysis.

Our assessment evaluates:

Physical Risks – Exposure to hazards such as flooding, heat stress, extreme weather and other climate-driven disruptions
Transition Risks – Regulatory change, market dynamics, carbon pricing, technological shifts and policy developments
Reputational & Liability Risks – Stakeholder scrutiny, litigation exposure and brand implications

Using geospatial datasets, engineering parameters and sector benchmarks, we develop a comprehensive understanding of your organization’s climate risk profile.

Our dual-pathway scenario modelling compares moderate and severe climate futures across short-, medium- and long-term horizons. This enables senior leaders to understand how risk exposure may evolve under different emissions trajectories.

The output is a prioritized climate risk register aligned with disclosure requirements and suitable for integration into enterprise risk management and ESG reporting processes.

Our Climate Risk and Resilience Assessment follows a six-step methodology in 2 phases. Each stage builds on the last, ensuring risks are thoroughly understood, prioritized, and translated into practical resilience actions. Phase 1 is the Climate Risk Assessment (steps 1-5) and phase 2 is the Climate Resilience Assessment (step 6).

Step 1: Scope Project & Collect Data

We define the assessment boundaries, including locations, assets, operations, and supply chains.
Relevant internal data is gathered to ensure the analysis reflects your organizational structure and risk profile.

Step 2: Assess Site Vulnerability

We evaluate the sensitivity of your sites and operations to climate-related disruption.
This includes reviewing infrastructure robustness, operational dependencies, critical assets, and existing risk management/controls.

Step 3: Identify Hazards

We identify relevant climate hazards based on geography and sector.
These may include flooding, extreme heat, drought, storms, wildfire, or sea-level rise, depending on exposure.

Step 4: Analyze Climate Hazards

Using recognized climate projections and warming scenarios, we assess how these hazards are expected to evolve over short-, medium-, and long-term time horizons.

Step 5: Score & Prioritize Risk

Risks are scored based on likelihood of occurrence and potential magnitude of impact.

Step 6: Identify Resilience Measures (Climate Risk Assessment begins)

Development of a climate resilience plan is an iterative process. Once climate risks have been prioritized based on your organization's climate risk assessment, a resilience plan can be developed. This process requires conversations between Tunley Environmental and your team to ensure the best plan of action to ensure resilience across your site. Learn more about the Climate Resilience Plan.

A Climate Risk Assessment provides clarity, structure and confidence in managing climate-related uncertainty.

Strategic Visibility

Leadership teams gain a forward-looking understanding of how climate risk may affect performance and asset value.

Regulatory Alignment

Outputs support TCFD, CSRD and other climate disclosure requirements, strengthening reporting credibility.

Strengthened Governance

A prioritised risk register enables integration into enterprise risk frameworks and board-level oversight processes.

Financial Risk Awareness

Organisations gain clearer insight into potential revenue exposure, asset vulnerability and cost implications.

Proactive Decision-Making

By understanding how risks evolve under different climate scenarios, businesses can make informed investment and operational decisions.

From start to finish the whole team have excelled in communication and support. They made the entire process seemless, and nothing was too much for them. This is my first full experience completing a carbon assessment, and I couldn't have asked for a better company to complete this with.”

Rebecca Druce

SQE Manager | Spacecare

They did exactly what was asked and where we had less than perfect understanding of the issues involved their expertise showed through. The response time to follow up enquiries was excellent and I would happily use Tunley again.”

Michelle Smith

Intellectual Property Controller | Power Roll

The team were so helpful and made this project so easy and painless. The communication was well executed and the requests were clear. I would 100% recommend working with Tunley Environmental, for all your sustainability reporting.”

Louise Ewer

Operations Director | Wunder-Bar Dispensing

We used Tunley Environmental to help us with out carbon reduction targets, they conducted an embedded carbon report for one of our key ranges and we are now exploring next steps. I would highly recommend them professional, helpful a great company to work with”

Kieron King

Quality Manager | Inpress

We found all of the Tunley Environmental representatives to be extremely friendly, helpful and knowledgeable. They provided a high standard of service with plenty of advice and support, including regular meetings to update on progress and present findings. We look forward to working with Tunley Environmental again on future projects.”

Mary Bellamy

Lead Research Nurse | University Hospitals Birmingham NHS Foundation Trust

STANDARDS, FRAMEWORKS AND REGULATIONS WE ADHERE TO

Tunley’s methodology is developed and applied by our PhD-level scientists, integrating globally recognized frameworks to ensure scientific rigor, comparability and credibility.

US SEC Climate-risk disclosures
US SB 261 (California): Requires climate risk reporting for companies over 500 million USD turnover
UN Sustainable Development Goals (SDGs): SDG 13 (Climate Action) and SDG 15 (Life on Land) guide alignment with global sustainability commitments.
GRI Standards – Climate Risk (GRI 302, 305, 201 and 2021 update: GRI 101 Biodiversity): Findings and recommendations are mapped to GRI reporting indicators for transparent climate and biodiversity disclosures.
BS EN ISO 14090:2019 - Adaptation to Climate Change: Principles, Requirements and Guidelines: Forms the backbone of Tunley's framework, ensuring consistent planning and monitoring of climate adaptation actions.
BS EN ISO 14091:2021 – Adaptation to Climate Change: Guidelines on Vulnerability, Impacts and Risk Assessment: Underpins Tunley's risk identification and vulnerability analysis process.
Taskforce on Climate-Related Financial Disclosures (TCFD): This framework is used to help organizations understand the climate risks to their business and provide confidence to stakeholders that they are seeking risk mitigation.
Corporate Sustainability Reporting Directive (CSRD): Compliance with ESRS E1 (Climate Change) and ESRS E4 (Biodiversity and Ecosystems) disclosures.

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WHY CHOOSE TUNLEY?

EXPERTISE

Delivered by PhD-level scientists, ensuring every climate change risk analysis is justifiable, evidence-based and credible.

ADVANCED SCENARIO MODELLING

Our scientific team applies multiple emission pathways with a scenario-based modelling approach to deliver deeper insight than standard market climate impact assessments for business.

TWO HIGH-VALUE DELIVERABLES

Clients receive both a comprehensive Climate Risk Assessment and a practical Climate Resilience Plan, supporting informed decision-making.

INTEGRATED CLIMATE AND NATURE

Our assessments consider physical, transition and nature-related risks within a cohesive framework, with optional alignment to TNFD, SBTN and GBF.

SECTOR-SPECIFIC SUPPORT

Tailored by our expert consultants to your assets, operations and regulatory requirements, with experience across infrastructure, real estate, manufacturing, pharmaceuticals and public sector.

TRUSTED, RECOGNIZED AND PROVEN

100% 5-star client feedback and awarded Best Sustainability Consultancy of the Year in 2024 and 2025.

Want To Know More?

FREQUENTLY ASKED QUESTIONS

What is a climate risk assessment? A climate risk assessment is a structured process that identifies, analyses, and prioritizes how climate change could impact an organization’s assets, operations, supply chains, and financial performance. It considers physical risks (such as flooding, heat and storms), transition risks (policy, market and technology changes), and reputational or liability risks, helping businesses understand where they are most exposed.

Why does my organization need a climate risk assessment?

Climate change is now recognized as a material business risk by regulators, investors and insurers. A climate risk assessment helps organizations reduce unexpected disruption, protect assets, meet regulatory expectations (such as TCFD, CSRD and SEC climate disclosures), and make informed strategic decisions based on evidence rather than assumptions.

What risks are included in a climate risk assessment?

A comprehensive climate risk assessment typically evaluates:

Physical risks: flooding, drought, heat stress, storms, sea-level rise, and more depending on your organization type and location. Transition risks: regulatory change, carbon pricing, market shifts, technology disruption. Reputational and liability risks: stakeholder expectations, legal exposure, brand impacts. This provides a holistic picture of climate-related exposure across the business.

How is climate risk assessed in practice? Climate risk assessments use a combination of climate data, geospatial analysis, scenario modelling, and risk scoring. This often includes mapping asset exposure to climate hazards, assessing vulnerability and sensitivity, and evaluating likelihood and impact across different future climate scenarios, aligned with standards such as ISO 14091.

How does a climate risk assessment support compliance and reporting? A climate risk assessment provides the evidence base required for TCFD climate risk reporting, CSRD, SEC climate rules and SB261 disclosures. It provides the evidence base organizations need to demonstrate that they have identified, assessed, and prioritized climate risks in a verified and justifiable way.

What deliverables can we expect from a climate risk assessment? Typical outputs include a Climate Risk Assessment Report that clearly documents identified risks, risk rankings, materiality conclusions, supporting data, and visual outputs such as maps and risk matrices. This provides leadership teams, boards, and stakeholders with a clear, actionable understanding of the organization’s climate risk profile.