Climate Strategy, Disclosure Assessment, and Gap Analysis

We can quickly help you find what is material, and where critical gaps exist.

We help fix mistakes and gaps, map value chains, and reimagine risks that others can not.

You know you need to focus on what is material, but what is actually material?

As we work with the UN, COP 26-27, and TCFD leadership, regulators, investors, and global enterprises we have a very unique perspective on real-world issues.

Using our award winning C8-AI we have analyzed thousands of pages of TCFD, annual reports, Net Zero pledges, ESG, CSR, and 10-Ks to quickly identify gaps and erroneous statements throughout these reports.

Don’t be caught greenwashing, exposing material risks, or worse because you did not identify your gaps.

In order to help investors better diligence screen companies and portfolios, robust and early digestible disclosures are paramount.

What we see:

There is often a lack of continuity across annual reports, TCFDs, Net Zero pledges, and 10Ks when critically reviewed.

This creates uncertainty and erodes confidence in the enterprise and leadership.

Lack of material disclosures can reduce investor confidence and draw the attention of regulators.

We see your gaps already, now it’s time to fill them.

Are you confident that you have the right scenarios, global insights, supply chain maps, data, technology, emissions, global climate models, and industry benchmarks to develop effective and responsible climate-related disclosures and strategy?

By utilizing CLAIM8, you are confident in staying current with the latest climate science, emerging regulatory, and rapidly changing global issues.

The top gaps we see:

Inconsistent Metrics

Different and conflicting metrics across time horizons, locations, and scenarios.

Not Addressing Material Risks

Supply chain security, extreme weather, scarcity, and war can become more frequent and rapid.

Missing Scope 3 Emissions

Net Zero goals can not be completed without accounting for Scope 3 emissions, which on average account for 90% of a business’s emissions.

We have compiled a list of the top gaps we have seen across TCFD, Net Zero, and related company disclosures and reports. Contact us below to request the full list and guide.

  • Very few TCFDs, Net Zero, and 10-Ks include location information. This is a critical omission and the U.S. SEC has issued the following statement:

    “The proposed rules would require a registrant to include in its description of an identified physical risk the location of the properties, processes, or operations subject to the physical risk”

    Climate change scenarios show dramatically different impacts across regions even within the same country or province. Firms should include as much geospatial analysis of risk as possible in their disclosures.

    Learn how GeoAI can uncover non-obvious risks and opportunities across the value chain.

  • Firms tend to select only highly optimistic scenarios in line with their view of the future or a stated company goal. Scenarios are meant to challenge conceptions of the future, and firms should utilize a range of scenarios that force critical thinking on emerging risks.

    Learn how we can enrich your current scenarios or develop bespoke scenarios that give global enterprise an edge.

  • We have found that companies tend to omit risk identified in their TCFD from their 10K. This exposes firms to regulatory risk or intervention, while exposing climate-related risk governance issues.

    The SEC is considering regulation for climate related disclosures, they are actively calling on companies to explain discrepancies between their voluntary disclosures and SEC filings.

    Learn what we see in this rapidly emerging pre-regulatory environment, and prepare for SEC inquiry.

  • Often TCFDs make little mention of external stakeholders or other critical third parties. Including suppliers, vendors, and partners is critical to good scenario analysis and climate-risk assessment as scope 3 emissions are typically a firm’s largest emissions source (~90%) , and critical climate-business risks often emerge in supply chains.

    Learn how we can help you see up and down the supply chain to understand and map Scope 1,2, & 3 emission and opportunities.

  • TCFDs and other climate-related disclosures are fundamentally about enterprise value, and how a company anticipates its ability to maintain performance as conditions change due to climate change.

    Good TCFDs give investors and stakeholders a clear picture of what a company believes its principal climate-related business risks to be, and how they plan to manage them.

    Too many companies focus on greening, when they should be focusing on the material risks and opportunities to preserve enterprise value.

  • TCFDs tend to be too long and convoluted. Companies should emphasize rigorous process and clear communication, vs length.

    By focusing on material risks and opportunities, your present narratives are clean, clear, and concise so you can assist shareholders focusing on what they need to see to improve their confidence and conviction when benchmarking.