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Scenario analysis is more than just a ‘reporting’ requirement; it shapes an entity's strategy and focus for managing climate-related risks and opportunities.
In Oceania, regulators have introduced new mandatory climate reporting standards that include the requirement for entities to conduct and disclose elements of climate scenario analysis. Its purpose is to assess the resilience of an entity’s strategy and business model to climate-related changes and uncertainties. It can also be used to inform the identification of climate-related risks and opportunities.
Beyond reporting: The strategic role of scenario analysis in managing climate-related risks and opportunities explores:
- Mandatory climate scenario analysis reporting requirements in Oceania.
- The importance of scenario analysis in strategic planning and risk management.
- Approaches to conducting scenario analysis and how it is expected to evolve.
Download Beyond reporting: The strategic role of scenario analysis in managing climate-related risks and opportunities here
How EY can help
The EY Sustainability Disclosure Hub offers practical guidance to assist companies across the region in preparing for mandatory climate and sustainability-related reporting. Please reach out to the team to discuss what the disclosure of scenario analysis means to you.
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