Why your climate risk assessment matters

Understanding and managing climate risks is essential for your company as you strive to meet EU Taxonomy and CSRD reporting requirements. Our dedicated Climate Risk Assessment software modules empowers you to efficiently navigate regulatory demands and proactively manage the impacts of climate change.

Meet EU Taxonomy requirements

The EU Taxonomy mandates that you assess and report on your economic activities regarding environmental objectives. Our Climate Risk Assessment module provides critical insights into physical climate risks, allowing you to categorize your activities as “sustainable” if they meet the set environmental criteria.

Enhance CSRD requirements

The CSRD requires you to report in-depth on climate and sustainability risks. Our Climate Risk Analyses tool enables you to quantify these risks, implement effective mitigation actions, and utilize the results for your CSRD reporting, such as the materiality analysis or ESRS E1, ensuring reliable data while mitigating financial and regulatory risks.

Conduct an independent climate risk assessment

Beyond compliance, conducting an independent climate risk assessment helps you anticipate how climate change might impact your business model and locations. By identifying climate risks and opportunities early, you can secure a strategic advantage, ensuring resilience and proactive climate risk management.

Define locations and other assessment parameters

Start your analysis by specifying the locations and parameters relevant to your climate risk assessment. This step sets the foundation for a targeted evaluation.

  • Choose specific locations and radii
  • Define the period for your risk analysis
  • Select the scenario for accurate projections
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Conduct automated climate risk assessment

Leverage our software to automatically generate initial risk scores for your selected locations. This step saves time and provides you with essential insights.

  • Receive risk scores for 28 different hazards
  • Access a comprehensive overview of potential risks
  • Prioritize risks based on severity and likelihood
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Visualize risks with a climate risk matrix

Use our risk matrix to visualize your identified risks clearly. Quickly assess and categorize the urgency of each risk, allowing you to act on high-priority threats.

  • View risks categorized from "No Risk" to "Red Flag"
  • Easily identify high-priority risks for immediate action
  • Use visual data to communicate risks to stakeholders
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Evaluate and segment your climate risks

Analyze your risks comprehensively or split them into segments for more detailed insights. This step allows for a deeper understanding of specific risk areas.

  • Assess total risks and their implications
  • Segment risks by business units or geographic areas
  • Compare risk profiles across different segments
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Define mitigation actions for proactive climate management

Identify and document specific actions to mitigate the identified risks. This step ensures you have a proactive approach to managing climate impacts.

  • Specify mitigation actions for each risk
  • Assign responsibilities for implementation
  • Justify actions with evidence and data
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Document evidence and the final assessment

Compile all required documentation and evidence to support your final climate risk assessment. This ensures your climate risk analysis is robust, transparent, and audit-ready.

  • Attach supporting documents and data sources
  • Provide justifications for your risk evaluations
  • Prepare for external audits with comprehensive records
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Special climate risk analyses features

Designed to simplify your climate risk assessment processes.

Integrated guidelines

The integrated climate risk analyses guidelines within the software ensure a smooth assessment process, helping you navigate each step effectively.

One-clik risk analyses

Start a climate risk assessment with one click in Envoria carried out by an external provider. The results are then available to you in your Envoria instance.

Risk scores for 28 hazards

Effortlessly assess climate risks with our automated scoring. Instantly generate initial risk scores for each of your locations, covering 28 distinct hazard types.

Climate risk matrix

Get a clear overview with Envoria’s visual risk matrix that allows you to view your climate risks categorized by urgency, from "No Risk" to "Red Flag".

Risk segments & actions

Envoria’s module features allow you to segment climate risks for deeper insights and define targeted actions to mitigate each identified risk.

Taxonomy assignment

Align climate risk analyses with specific EU Taxonomy activities by using the taxonomy assignment option when creating a new assessment.

Number of analyses

The number of climtate risk analyses included depends on the size of your contract. More asessments are available as add-on.

CSRD data

Integrate key insights from your climate risk analysis into CSRD reporting, particularly for materiality analysis and ESRS E1 compliance.

Show all cross-modul features