The GESI – CDP Scenario Analysis Toolkit is a set of resources that enables organizations to build the foundations for the development of Climate Related Scenario Analysis in alignment with the recommendations from the Taskforce on Climate-related Financial Disclosures (TCFD).
The core resource is an excel-based tool that supports companies in determining the financial impacts of identified risks and opportunities across a range of four key future pathways.
The Toolkit focuses on addressing three key recommendations from the TCFD:
“Describe the impact of climate-related risks and opportunities on the organization’s business, strategy and financial planning” – the tool guides companies in listing the key risks and opportunities under the scenarios identified and provides a framework for estimating impacts on different financial items.
“Describe the resilience of the organization’s strategy, taking into consideration different climate-related scenarios, including a 2°C or lower scenario” – the tool provides resources and context in order to deepen the understanding of future relevant scenarios for the organization. As part of the tool, a CDP data extract is provided in order to analyze recurring key risks and opportunities for each sector.
“Disclose the metrics used by the organization to assess climate-related risks and opportunities in line with its strategy and risk management process” – the tool provides a logical framework for quantifying the financial impacts of risks and opportunities.
Features of the Scenario Analysis Toolkit
CDP Data Extract CDP Sectoral Climate Change Data Extract that enables organizations to analyze industry trends on climate-related risks and opportunities.
Toolkit Guidance An overview of scenario analysis in line with the TCFD recommendations and a step-by-step guide to help users gain experience in using scenario analysis as an internal decision-making tool.
The Excel Toolkit A simple, customizable excel based toolkit that enables organizations to determine the financial impacts of risks and opportunities under four identified scenarios.
For inquiries about The GESI – CDP Scenario Analysis Toolkit, please send an email to [email protected]
In partnership
Click below to find out more in the GeSI press release