The TCFD framework, at the heart of emerging mandatory reporting requirements, sets out best practice climate risk management, supports informed decision-making, and facilitates clear communication with stakeholders.
Aligning with the TCFD enables companies to respond to stakeholder demands for transparency while improving resilience and competitiveness. South Pole helps organisations at every stage of their climate risk journey—from gap assessment and scenario analysis to integrating climate risks and resilience into governance and core business strategy.
Using the TCFD framework as a foundation, we support you in building climate resilience and crafting a solid climate transition plan, driving innovation, building long-term resilience, and unlocking opportunities in the transition to a low-carbon economy. With expert support, we simplify the complex, helping you unlock value and mitigate risks in a low-carbon future.
Every company's climate risk journey is unique, requiring tailored strategies that align with specific business objectives. South Pole provides end-to-end support through the following services:
Evaluate your climate risk processes against relevant frameworks such as TCFD, CSRD, ISSB, and US SEC. Compare with peers, identify gaps, and create a plan to address them.
Quantitatively assess climate risks under various warming scenarios. Understand potential impacts on strategy and financial planning with expert guidance.
Set resilience goals, assess current measures, and address gaps. Develop a roadmap to strengthen your strategy and climate transition plan.
Incorporate climate risks into enterprise risk management (ERM), governance, and strategy to improve decision-making and long-term resilience.
Empower teams with tailored training on climate disclosure, scenario analysis, and risk integration for TCFD, CSRD, ISSB, and US SEC compliance.
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Bespoke approach that generates meaningful and actionable insights for your company
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Global team of experts with experience delivering over 80 climate risk assessments to date
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Latest climate scenario data sets and models from world-leading institutions
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Transparent approaches and methodologies to ensure buy-in and build capacity throughout the process
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Web-based tool that supports the integration of business-specific data and facilitates robust internal engagement with results and outcomes
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Long-term success by meeting immediate climate risk reporting needs and laying the foundation for future progress
We are an impartial, independent advisor that has supported clients on their climate action strategy since 2006.
Our experienced and committed team of passionate experts with global experience and specialised regional market knowledge.
We have a solid track record, having been trusted by 1000+ corporations.
What are the main objectives of the TCFD?
The TCFD is a voluntary reporting framework that aims to improve and increase climate-related financial disclosures, helping companies and investors understand and manage climate risks and opportunities. By making climate-related information more transparent, the TCFD framework supports more informed investment, lending, and insurance decisions.
Has the TCFD been disbanded?
Following the release of the TCFD’s 2023 status report on October 12, 2023, the TCFD was disbanded and now falls under the jurisdiction of the IFRS Foundation. The Financial Stability Board notes that the release of the ISSB Standards marks the ‘culmination of the work of the TCFD’.
Is the TCFD still relevant?
Given that the ISSB Standards and EU CSRD draw heavily on the TCFD's recommendations, disclosure framework and best practices, the TCFD framework remains relevant for companies wanting to report on their climate risks, and/or prepare for and align with upcoming climate disclosure regulations. However, it will be important for companies to understand additional reporting requirements under the mandatory disclosure requirements relevant to their jurisdiction(s).
What is climate scenario analysis?
Scenario analysis involves evaluating physical and transition risks under different climate scenarios and timeframes to understand potential impacts on your business.
Why is climate risk integration important?
Integrating climate risks into business strategy enhances decision-making, strengthens resilience, and improves long-term sustainability and business performance.
