Rethinking the Value Chain of Climate Data and Disclosure
Unlocking climate resilience: A strategic approach
In a world where climate change is transforming business landscapes, companies and investors alike are often overwhelmed by the sheer volume of climate data coming across their desks. But even sophisticated actors, such as institutional investors, have just begun scratching the surface when it comes to integrating climate change considerations into their investment decisions, due diligence processes, and valuations.
This white paper, a collaborative effort between Novisto and Clearsum, explores these challenges and provides a strategic roadmap for businesses managing the complexities of climate data and sustainability management.
Mitigating the current state
Sustainability and ESG management are still in their "late infancy," hindered by a lack of expertise, insufficient disclosures, and a poor understanding of climate risks. While global alignment on net zero goals is an important step, businesses need a more comprehensive approach to remain competitive and resilient in a changing climate.
"Rethinking the Value Chain of Climate Data and Disclosure" proposes a two-pronged strategy for businesses:
- GHG emissions mitigation: An ambitious plan to reduce emissions is essential.
- Adaptation and resilience planning: Organizations must invest in strategies that address physical and transition-related climate impacts, ensuring long-term business continuity.
Ultimately, a successful climate strategy demands an expanded set of climate data, alongside macro-level contextual information, beyond what is traditionally considered ESG data. This holistic approach enables companies to mitigate emissions, plan for the transition to a low-carbon economy, and strengthen their resilience to climate-related risks.
Download the white paper to explore how a robust climate data strategy can help your organization remain competitive and drive enterprise value in a rapidly evolving climate landscape.
