Your business is facing a variety of climate risks
Investors know that climate change impacts your business in numerous ways: supply chain disruption, carbon taxes, ‘stranded assets’, changing consumer demands, and more.
The stakes are high and investors want to know what you are doing to protect their capital.
But do you know how, when and to what extent your business will be affected?
Turn climate risks into business advantage
Existing risk management processes are rarely suitable for assessing climate risks. Climate change will impact organisations over different timeframes, in some instances over decades, whereas many companies consider only more immediate time horizons. Climate change is also rarely a primary risk driver, it is instead a risk multiplier. This complexity can be challenging to capture within mainstream risk frameworks.
The risks and opportunities presented by the climate emergency can appear both daunting and abstract. This can lead to inaction. Yet inaction by others offers first-mover advantage for you.
Get ahead of legislation through communication
Climate change will have broad financial impacts across sectors. We, therefore, expect UK listed companies and large asset owners to face mandatory climate risk reporting by 2022. Disclosure of climate risks is essential for retaining investor confidence. It also helps suppliers and employees identify solutions. There are many frameworks through which to disclose climate risks, such as CDP and TCFD.
At Avieco we have already helped over 2,000 companies communicate on sustainability issues – we can help you communicate how you are preparing for the climate challenge ahead.
Start your journey to climate-resilience today
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I was impressed with the thoroughness and level of detail that our data set was analysed in. Presenting an extensive data set in an easy to use format was of great value in communicating the outcome of the work internally, and prioritising areas of the supply chain for future action.
Alan Sweeting, Global Health, Safety and Environment Senior Manager, Allen & Overy LLP
Avieco supported us in collating and organising data to develop a robust risk assessment process. They have been easy to work with, responsive to our requirements and pragmatic in their solutions.
Gijs Voskuilen, Head of Corporate Responsibility, Bunzl
Avieco has been the preferred environmental consultant since the beginning of our journey to become a sustainable company. Dentsu Aegis has worked with Avieco’s experts on various areas, such as carbon footprint reporting and assurance support, and recently also advised us how to switch our global network to renewable electricity. The team’s expertise on environmental sustainability is impressive, and the work delivered is always of highest standard.
Lars Holm, Global Senior Manager CSR, Dentsu Aegis Network
Avieco informatively led us through the processes needed to reduce our carbon footprint. With their clear and concise advice we have been able to effectively reduce our energy and waste levels. Avieco made the complex notion of energy efficiency into a manageable and achievable reality
Nigel Pink, Group Engineering Manager, Dominos UK & Ireland Ltd
Avieco delivered exactly the workshop we needed to get our sustainability team and regional leads on the same page when it comes to ‘market-based’ reporting. It’s a challenging area to tackle for a global business – particularly when we operate in a number of markets where there is little or no choice in terms of energy purchasing. Avieco has given us the knowledge and tools to ensure we get our disclosures right – they really exceeded my expectations for what we could achieve in one afternoon!
Dr Julia Rowe, Group Sustainability Advisor, Johnson Matthey
We get that change is not easy. But we must be brave, challenge old ways, set new habits, embrace new thinking.
we get it.