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Envoria - Climate Risk Assessment Tool
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 helps quantify these risks, implement mitigation actions, and use 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.
You have the choice: We offer two powerful ways to better understand your climate risks, make informed decisions, and make your risks transparent and measurable.
Individual climate risk analyses
Order precise climate risk analyses – from a single report up to 10,000+ at once. Each detailed PDF report (approx. 45 pages) provides reliable data on physical risks based on the latest SSP scenarios, including risk ratios, exact location (address/GPS), scenario choice, time period, and source references. This gives you a solid, audited basis for decision-making – with no Envoria software license required.
Climate risk analysis results in Envoria
Use Envoria’s climate risk analysis tool, which you can quickly purchase or add to your existing software instance. Import your analysis results directly into Envoria software and benefit from advanced features for detailed evaluation, visualization, and integration of your climate risks into your ESG strategy. Optimize your risk management flexibly, securely, and future-proof – tailored to your individual needs.
Start your analysis by specifying the locations and parameters relevant to your climate risk assessment. This step sets the foundation for a targeted evaluation.
- Define locations or input coordinates
- Flexibly specify the analysis radius from 100×100 meters up to 100×100 kilometers
- Set the time horizon for your climate risk analysis individually (up to the year 2100)
- Select the scenario for accurate projections
Leverage our climate risk analysis software to automatically generate initial risk scores for your selected locations. The analysis is grounded in scientifically validated climate scenarios that integrate the IPCC’s SSP and RCP models, ensuring realistic and comparable evaluations of future climate and emission trends.
- Access risk scores for 28 different hazards
- Gain a comprehensive overview of potential physical and transitional climate risks
- Prioritize risks based on severity and likelihood
Use our risk matrix to clearly visualize your identified risks. 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
- Communicate risks effectively to stakeholders using a variety of visual tools, including maps, heatmaps, result tables, and charts
Assess your climate risks holistically or segment them into specific categories to gain deeper insights into individual risk areas. This approach enables you to identify risks precisely and manage them effectively.
- Evaluate overall risks and analyze their impact on your business
- Segment climate risks by business unit, activity, or geographic region
- Evaluate activity-specific risks (e.g., construction) independently of general site risks, including their classification in the audit report.
- Compare risk profiles across different segments
Identify and document targeted mitigation measures to reduce climate-related risks. This step ensures you have a proactive approach to managing climate impacts.
- Leverage AI-powered recommendations for targeted risk mitigation
- Specify mitigation actions for each identified risk
- Assign responsibilities for implementation
- Justify actions with evidence and data
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
- Leverage automatically assigned, localized data sources (e.g., environmental agencies, meteorological services)
- Benefit from automatically generated risk rationales to support your assessments
- Prepare for external audits with comprehensive records
