Climate change

Governments and companies alike are recognising the critical importance of adaptation and mitigation in addressing climate-related risks and ensuring long-term resilience. Governments lead the way by integrating climate considerations into development plans, focusing on disaster management, coastal protection, and infrastructure resilience. Similarly, companies embrace adaptation by incorporating climate considerations into business planning, from managing extreme weather events and global warming to ensuring resilience in supply chains and infrastructure.  

By proactively adapting to and mitigating climate risks, organisations can enhance their resilience, protect their assets, and seize opportunities for innovation and sustainable growth in a changing world. 

Our approach: A strategy in two parts - mitigation and adaptation 

We are convinced that effective climate strategies must be rooted in a thorough analysis of risks and opportunities. With greenhouse gas emissions driving climate change and impacting businesses worldwide, understanding these dynamics is paramount to success.  

Our starting point is conducting a meticulous assessment of the specific impacts, risks, and opportunities associated with climate change on your company. We understand that each business is unique, requiring a tailored strategy to address its distinct circumstances and goals. By conducting this comprehensive analysis, we empower our clients to make informed decisions and prioritise actions that align with their long-term sustainability objectives. 

A truly global climate strategy encompasses both mitigation and adaptation measures. While mitigation efforts aim to reduce greenhouse gas emissions and limit further climate change, adaptation strategies focus on building resilience and minimising the direct risks posed by climate impacts. 

Our climate change services 

Our services include developing a consolidated mitigation strategy, which outlines actionable steps to reduce emissions and transition to a low-carbon economy. Additionally, we offer robust adaptation planning to help businesses fortify their operations against the inevitable impacts of climate change. Our approach enables companies to fully address TCFD recommendations and comply with ESRS E1 standards. 

We use a modular approach that can include the following steps, depending on your company's sustainability maturity level: 

1. Climate leadership sessions for top management, empowering them with the knowledge and tools needed to effectively lead climate action 

2. Thorough identification of risks and opportunities associated with climate change 

3. Adaptation strategy 

• Proposal of specific adaptation actions based on the risk analysis 
• Tailoring recommendations to unique business circumstances 
• Expert advice on budget allocation for action plan 
• Ensuring adaptation efforts are impactful and cost-effective

4. Mitigation (decarbonisation) strategy 

• Analysis of your carbon footprint and help you develop a foundation of solid data covering all Scope 1, Scope 2, and Scope 3 emissions (according to GHG protocol and ISO 14’064) 
• Proposition of a realistic time schedule and action plan to reduce greenhouse gas (GHG) emissions 
• Alignment with the SBTi and support you in communicating your strategy according to your requirements 

Our added value 

Our collaborative team is dedicated to crafting personalised solutions by attentively understanding each company’s requirements. By fostering open communication and cooperative problem-solving, we ensure that our tailor-made solutions meet the unique needs of our clients. 

By entrusting your climate strategy to Forvis Mazars, you gain access to our expertise in climate risk assessment. Our collaborative team stands out by conducting risk analyses across various sectors and large territories. Leveraging advanced climate models and georeferenced tools, we anticipate potential impacts of climate change. Moreover, we prioritise the experience of your employees, recognising that they directly face climate risks. This knowledge empowers us to proactively mitigate risks and identify growth opportunities and resilience more effectively.

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