Climate Scenario Analysis

Using scenario analysis to assess and manage climate-related business risks and opportunities

Course Overview

This course provides learners with an understanding of climate scenario analysis and how organisations use it to assess the potential impacts of climate change on their business. Learners will explore physical and transition climate risks, scenario methodologies including TCFD-aligned scenarios, financial impact assessment and the integration of climate scenarios into strategy and risk management. The course is suitable for risk managers, finance professionals and sustainability teams.

Learning Outcomes

• Understand the purpose of climate scenario analysis in risk management
• Distinguish between physical and transition climate risks
• Apply TCFD-recommended scenario analysis approaches
• Select appropriate climate scenarios for organisational analysis
• Assess the financial materiality of climate risks and opportunities
• Integrate climate scenario analysis into strategic planning
• Disclose climate scenario analysis outcomes in line with TCFD

Course Structure (3 topics, 9 lessons)