(C2.3a) Provide details of risks identified with the potential to have a substantive financial or strategic impact on your business.
Question dependencies
This question only appears if you select “Yes” in response to C2.3.
Response options
Please complete the following table. For clarity, the table is displayed over several rows. You are able to add rows by using the “Add Row” function at the bottom of the table.
Identifier | Where in the value chain does the risk driver occur? | Risk type | Primary climate-related risk driver | Type of financial impact | Company- specific description | Time horizon |
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Select from:
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Select from:
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Select from:
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See drop-down options below |
See drop-down options below |
Text field [maximum 2,400 characters] |
Select from:
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Likelihood | Magnitude of impact | Are you able to provide a potential financial impact figure? | Potential financial impact figure (currency) | Potential financial impact figure - minimum (currency) | Potential financial impact figure - maximum (currency) |
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Select from:
| Select from:
| Select from:
| Numerical field [enter a number from 0 to 999,999,999,999,999 using up to 2 decimal places]
| Numerical field [enter a number from 0 to 999,999,999,999,999 using up to 2 decimal places] | Numerical field [enter a number from 0 to 999,999,999,999,999 using up to 2 decimal places] |
Explanation of financial impact figure | Management method | Cost of management |
Comment
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Text field [maximum 1,000 characters] |
Text field [maximum 1,500 characters] |
Numerical field [enter a number from 0-999,999,999,999,999 using a maximum of 2 decimal places] |
Text field [maximum 1,000 characters] |
[Add Row]
Primary climate-related risk driver drop-down options (column 4)
Select one of the following options:
Transition risks
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Physical risks
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Type of financial impact drop-down options (column 5)
Select one of the following options:
Transition risks
If primary climate-related risk driver is Technology:
If primary climate-related risk driver is Market:
If primary climate-related risk driver is Reputation:
| Physical risks
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C2.3a - Scoring criteria
Disclosure scoring criteria
The column "Primary climate-related risk driver" must be completed for a row to be eligible for Disclosure points.
If three or more risks have been disclosed:
Points will be awarded per completed cell in proportion to the number of rows disclosed. Partially completed rows will not receive full points. A maximum of 12 points are available for this question.
If fewer than three risks have been disclosed:
Points will be awarded per completed cell in proportion to the number of rows disclosed. Partially completed rows will not receive full points. A maximum of 4 points are available per row.
Note, for the column “Are you able to provide a potential financial impact figure?” and its associated columns “Potential financial impact figure - (currency)”; “Potential financial impact figure - minimum (currency)” and “Potential financial impact figure - maximum (currency)”, the following combinations are considered equivalent to a single completed cell:
- “Yes, a single figure estimate” is selected in column “Are you able to provide a potential financial impact figure?” AND a figure is provided in column “Potential financial impact figure - (currency)”
- “Yes, an estimated range” is selected in column “Are you able to provide a potential financial impact figure?” AND a figure is provided in column “Potential financial impact figure - minimum (currency)” AND a figure is provided in column “Potential financial impact figure - maximum (currency)”
- “No, we do not have this figure” is selected in column “Are you able to provide a potential financial impact figure?”
Awareness scoring criteria
If three or more risks have been disclosed:
- Up to 12 points will be awarded in proportion to the number of complete rows (excluding column "Cost of Management" or “Management method”), with any option except "Unknown" selected in columns "Time horizon", "Likelihood" and "Magnitude of impact"
If fewer than three risks have been disclosed:
- For each complete row with any option except "Unknown" selected in columns "Time horizon", "Likelihood" and "Magnitude of impact" - 4 points
Note, for the column “Are you able to provide a potential financial impact figure?” and its associated columns “Potential financial impact figure - (currency)”; “Potential financial impact figure - minimum (currency)” and “Potential financial impact figure - maximum (currency)”, the following combinations are considered equivalent to a single completed cell:
- “Yes, a single figure estimate” is selected in column “Are you able to provide a potential financial impact figure?” AND a figure is provided in column “Potential financial impact figure - (currency)”
- “Yes, an estimated range” is selected in column “Are you able to provide a potential financial impact figure?” AND a figure is provided in column “Potential financial impact figure - minimum (currency)” AND a figure is provided in column “Potential financial impact figure - maximum (currency)”
- “No, we do not have this figure” is selected in column “Are you able to provide a potential financial impact figure?”
Management scoring criteria
Full Awareness points must have been achieved in C2.2, C2.2a, C2.2b and C2.2c to be eligible for Management points in this question. Management points are awarded for up to 3 complete rows.
For each complete row:
i) A company specific description in column "Company specific description" - 1 point
ii) Column "Potential financial impact.." is consistent and has clear rationale with the numerical figure in column(s) "Potential financial impact..." - 1 point
- If "No.." has been selected in column "Are you able to provide a potential financial impact figure" - 0 points
iii) "Explanation of financial impact" explains how the financial impact was calculated, and clearly describes the potential impact - 1 point
- If "No.." has been selected in column "Are you able to provide a potential financial impact figure" - 0 points
- If “Yes, a single figure estimate” is selected in column “Are you able to provide a potential financial impact figure?” AND no figure has been provided in column “Potential financial impact figure - (currency)” has been left blank – 0 points
- If “Yes, an estimated range” is selected in column “Are you able to provide a potential financial impact figure?” AND no figure has been provided in either column “Potential financial impact figure - minimum (currency)” OR column “Potential financial impact figure - maximum (currency)” – 0 points
iv) "Management method" describes an action that is being implemented - 1 point
v) "Management method" contains an example or case study - 1 point
vi) A figure has been reported in "Cost of Management" AND “Management method” explains how the figure in “Cost of Management” was calculated - 1 point
Leadership scoring criteria
To be eligible for Leadership points the risk drivers selected in column "Primary climate related risk driver" must be consistent with the risk types selected in CC2.2c column "Risk type".
1 Leadership point will be awarded for each row that is awarded full Management points (maximum of 3).
Point Allocation
Disclosure numerator |
Disclosure denominator |
Awareness numerator |
Awareness denominator |
Management numerator | Management denominator | Leadership numerator | Leadership denominator |
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12 | 12 | 12 | 12 | 18 | 18 | 3 | 3 |