Document Your Climate Story: Master the Final Piece of the Climate Risk Puzzle

Kellianne Gammill | September 5, 2024

Document Your Climate Story: Master the Final Piece of the Climate Risk Puzzle

There’s nothing more satisfying than sliding the final jigsaw piece into a puzzle and seeing the picture complete. Knowing your portfolio’s climate risks can feel like a large, impossible-to-solve puzzle. But it doesn’t have to. Throughout the summer, we’ve discussed the first three steps to solving it:

  1. Quantify your footprint
  2. Assess your physical risks
  3. Mitigate your risks

That leaves us with one final piece of the puzzle, and perhaps the most impactful. Ready to unveil it? Drum roll, please…documenting your climate story.

Why Documenting Your Climate Story Matters

Telling your climate story isn’t just about compliance—it’s about trust. Transparency is the bridge between your company and the stakeholders who rely on you. Stakeholders, regulators, and even your own team need answers to questions like:

  • Where is our business at risk?
  • What policies do we have in place to manage these risks?
  • How are we managing and mitigating these risks?
  • What targets have we set, and what progress have we made?

Industry frameworks, such as the Task Force on Climate-related Financial Disclosures (TCFD), IFRS/ISSB, and others, align around a common set of disclosures that help answer these vital questions. By documenting your approach to climate risk, you lay the groundwork for a comprehensive climate risk strategy that resonates with stakeholders and prepares you for future challenges. It’s time to turn risks into opportunities.

The Power of the TCFD Framework

Pro tip: Most climate reporting frameworks trace back to a single source—The Task Force on Climate-related Financial Disclosures (TCFD). TCFD is the “source code” for most other frameworks and regulations, informing rules by the SEC, the State of California, and the European Union. Why is the TCFD framework so powerful? Drafting a TCFD disclosure will likely get you 60-80% ready for any future disclosure requirements. Our Strategic Consulting team knows the ins and outs of TCFD, GRESB, and other reporting standards, ensuring you not only meet requirements but tell a compelling, cohesive story.

How Conservice Helps You Tell Your Story

Climate disclosures don’t have to feel like a burden. With Conservice, they become an asset that strengthens your brand and boosts your portfolio’s resilience. We offer a suite of services designed to help you document your climate story and stay ahead of the curve:

  • TCFD/GRI/GRESB/ISSB Disclosure: Expert guidance to help you navigate and comply with these key frameworks.
  • Strategic Consulting Support: Tailored advice to help you build a robust climate risk strategy.
  • ESG Reporting Support: Comprehensive assistance in crafting reports that meet industry standards.

Want to see how our services can make a difference? Check out our GRESB Reporting Overview and our Supercharged ESG Reporting Case Study for a glimpse into how we’ve helped other organizations succeed.

Start Documenting Today

By documenting your climate story, you’re not just fulfilling a requirement—you’re building a narrative that showcases your commitment to sustainability and prepares your organization for the future. So, what are you waiting for? Let’s start writing your climate story together—and make sure it’s one that stands the test of time.

Kellianne Gammill

Kellianne Gammill

Copywriter

Kellianne Gammill is an experienced wordsmith and Copywriter at Conservice. More importantly, she is a big fan of taxidermy and Pitbull.

Subscribe. Learn. Stay Ahead.

Keep yourself ahead of the curve with the latest utility news, trends, & resources.