{"id":36830,"date":"2025-03-05T15:29:41","date_gmt":"2025-03-05T14:29:41","guid":{"rendered":"https:\/\/dfge.de\/?page_id=36830"},"modified":"2026-10-16T09:15:54","modified_gmt":"2026-10-16T07:15:54","slug":"climate-risk-and-opportunity-analysis","status":"publish","type":"page","link":"https:\/\/dfge.de\/en\/climate-risk-and-opportunity-analysis\/","title":{"rendered":"Climate risk and opportunity analysis"},"content":{"rendered":"<div class=\"wpb-content-wrapper\" id=\"wpb-content-root\"><p>[vc_row css=&#8221;.vc_custom_1674815286171{padding-top: 80px !important;padding-bottom: 20px !important;}&#8221;][vc_column css_animation=&#8221;fadeInLeft&#8221; width=&#8221;2\/3&#8243;]<div id=\"ultimate-heading-97346ad6a97593ad2\" class=\"uvc-heading ult-adjust-bottom-margin ultimate-heading-97346ad6a97593ad2 uvc-2461  uvc-heading-default-font-sizes\" data-hspacer=\"no_spacer\"  data-halign=\"left\" style=\"text-align:left\"><div class=\"uvc-heading-spacer no_spacer\" style=\"top\"><\/div><div class=\"uvc-main-heading ult-responsive\"  data-ultimate-target='.uvc-heading.ultimate-heading-97346ad6a97593ad2 h3'  data-responsive-json-new='{\"font-size\":\"\",\"line-height\":\"\"}' ><h3 style=\"font-weight:bold;color:#00adea;margin-bottom:20px;\">Climate Risk and Opportunity Analysis<\/h3><\/div><div class=\"uvc-sub-heading ult-responsive\"  data-ultimate-target='.uvc-heading.ultimate-heading-97346ad6a97593ad2 .uvc-sub-heading '  data-responsive-json-new='{\"font-size\":\"desktop:34px;\",\"line-height\":\"desktop:44px;\"}'  style=\"font-weight:bold;color:#222222;margin-bottom:30px;\"><\/p>\n<div class=\"wpb_text_column wpb_content_element \">\n<div class=\"wpb_wrapper\">Assessment of Climate Risks \u2013 Physical and Transition Risks, Qualitative and Quantitative<\/div>\n<\/div>\n<p><\/div><\/div>[vc_column_text css_animation=&#8221;none&#8221;]Climate change affects businesses in two ways: through <strong>physical risks<\/strong> (extreme weather events and long-term climatic changes) and <strong>transition risks<\/strong> (political and regulatory developments, technological advances, market shifts and reputational factors). Both can affect revenue, costs, assets, financing costs and supply chains. These impacts are increasingly being scrutinised by regulators, banks, investors, insurers and customers.<\/p>\n<p>The <a href=\"https:\/\/dfge.de\/en\/csrd\/\">Corporate Sustainability Reporting Directive (CSRD)<\/a> acts as a key driver, extending reporting obligations and climate risk requirements across entire value chains \u2013 from banks and insurers to customers and suppliers. By systematically identifying and assessing climate risks using scenario analysis, companies can turn regulatory requirements into a strategic advantage.<\/p>\n<p>A <a href=\"https:\/\/dfge.de\/en\/climate-risk-and-opportunity-analysis\/\">Climate Risk and Opportunity Analysis<\/a> (CSRD context: ESRS 2 \/ IRO-1, SBM-3 und ESRS E1-2 \/ E1-3 und E1-11) is therefore more than a compliance exercise. It provides a foundation for business resilience, capital allocation and access to financing. DFGE supports companies throughout the process \u2013 from risk identification and impact chain analysis to scenario-based assessments and quantitative evaluation, as well as integration into Enterprise Risk Management (ERM) and sustainability reporting.[\/vc_column_text][\/vc_column][vc_column css_animation=&#8221;fadeInRight&#8221; width=&#8221;1\/3&#8243;][vc_icon icon_fontawesome=&#8221;fas fa-info&#8221; align=&#8221;center&#8221; background_style=&#8221;rounded&#8221; color=&#8221;black&#8221;]<div class=\"standard-arrow list-divider bullet-top\"><div>\n<div>\n<ul>\n<li>Delegated Regulation: <a href=\"https:\/\/eur-lex.europa.eu\/eli\/reg_del\/2026\/1563\/oj\/eng\" target=\"_blank\" rel=\"noopener\">(EU) 2026\/1563<\/a><\/li>\n<li>Blog post: <a href=\"https:\/\/dfge.de\/future-proofing-your-business-the-value-of-early-climate-risk-analysis\/\">The Value of Early Climate Risk Analysis<\/a><\/li>\n<li>Blog post: <a href=\"https:\/\/dfge.de\/climate-risks-and-opportunities-analysis-to-enhanced-climate-resilience\/\">The Contribution of Climate Risk and Opportunity Analysis to Enhanced Climate Resilience<\/a><\/li>\n<li>Blog post: <a href=\"https:\/\/dfge.de\/auflosung-der-tcfd-und-ihre-konsequenzen\/\">The Dissolution of the TCFD and Its Implications<\/a><\/li>\n<li>White paper: <a href=\"https:\/\/dfge.de\/csrd-klimabezogene-nachhaltigkeitsberichterstattung\/\">CSRD and Climate-Related Sustainability Reporting<\/a><\/li>\n<li>White paper: <a href=\"https:\/\/dfge.de\/en\/climate-risks-opportunities-whitepaper\/\">Climate Risks and Opportunities<\/a><\/li>\n<li><a href=\"https:\/\/www.fsb-tcfd.org\/\">TCFD Website<\/a><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div><style type=\"text\/css\" data-type=\"the7_shortcodes-inline-css\">#default-btn-0e324d0703de7796a636075c17e32a02.ico-right-side > i {\n  margin-right: 0px;\n  margin-left: 8px;\n}\n#default-btn-0e324d0703de7796a636075c17e32a02 > i {\n  margin-right: 8px;\n}<\/style><a href=\"mailto:sales@dfge.de\" class=\"default-btn-shortcode dt-btn dt-btn-m link-hover-off btn-inline-left \" target=\"_blank\" id=\"default-btn-0e324d0703de7796a636075c17e32a02\" rel=\"noopener\"><i class=\"far fa-calendar-check\"><\/i><span>Arrange a Consultation<\/span><\/a><div class=\"ult-spacer spacer-6ad6a97593de5\" data-id=\"6ad6a97593de5\" data-height=\"40\" data-height-mobile=\"40\" data-height-tab=\"40\" data-height-tab-portrait=\"\" data-height-mobile-landscape=\"\" style=\"clear:both;display:block;\"><\/div>[\/vc_column][\/vc_row][vc_row full_width=&#8221;stretch_row&#8221; css=&#8221;.vc_custom_1737978915119{background-color: #0000000A !important;}&#8221;][vc_column css_animation=&#8221;fadeInUp&#8221;]<div class=\"ult-spacer spacer-6ad6a97593e39\" data-id=\"6ad6a97593e39\" data-height=\"30\" data-height-mobile=\"30\" data-height-tab=\"30\" data-height-tab-portrait=\"\" data-height-mobile-landscape=\"\" style=\"clear:both;display:block;\"><\/div>[vc_single_image image=&#8221;36769&#8243; img_size=&#8221;full&#8221; alignment=&#8221;center&#8221; css_animation=&#8221;fadeInUp&#8221;]<div id=\"ultimate-heading-64596ad6a97593e92\" class=\"uvc-heading ult-adjust-bottom-margin ultimate-heading-64596ad6a97593e92 uvc-9547  uvc-heading-default-font-sizes\" data-hspacer=\"no_spacer\"  data-halign=\"left\" style=\"text-align:left\"><div class=\"uvc-heading-spacer no_spacer\" style=\"top\"><\/div><div class=\"uvc-sub-heading ult-responsive\"  data-ultimate-target='.uvc-heading.ultimate-heading-64596ad6a97593e92 .uvc-sub-heading '  data-responsive-json-new='{\"font-size\":\"desktop:34px;\",\"line-height\":\"desktop:44px;\"}'  style=\"font-weight:bold;color:#222222;margin-bottom:30px;\">Understanding Physical and Transition Climate Risks and Opportunities<\/div><\/div>[vc_column_text]Climate risks impact the respective business model rather than functioning as a separate type of risk. They are therefore analyzed along two axes: physical and transitional risks\u2014in each case, examining the chains of effects through which they influence revenue, costs, and assets.<\/p>\n<p><strong>Important:<\/strong> ESRS and most frameworks require an assessment of both risks and opportunities. The same drivers that create risks (e.g., CO\u2082 prices, changes in demand, the need for adaptation) also open up market opportunities\u2014such as more efficient products, resilience services, or new markets. A Climate Risk Analysis should therefore always take these opportunities into account as well.[\/vc_column_text][\/vc_column][\/vc_row][vc_row full_width=&#8221;stretch_row&#8221; css=&#8221;.vc_custom_1737978915119{background-color: #0000000A !important;}&#8221;][vc_column css_animation=&#8221;fadeInLeft&#8221; width=&#8221;1\/2&#8243;][vc_column_text]<\/p>\n<h3>Physical Risks<\/h3>\n<p><strong>Physical climate risks<\/strong> arise from the direct impacts of climate change on locations, infrastructure, resources, and people.[\/vc_column_text][vc_tta_accordion active_title_color=&#8221;#666&#8243; inactive_title_color=&#8221;#666&#8243; collapsible_all=&#8221;true&#8221; active_section=&#8221;0&#8243;][vc_tta_section title=&#8221;Physical Climate Risks and their Impacts&#8221; tab_id=&#8221;1792046363723-469d64c9-03a7&#8243;][vc_column_text]<\/p>\n<ul>\n<li><strong>Acute:<\/strong> Extreme weather events such as heavy rain, flooding, storms, heat waves, droughts, and wildfires.<\/li>\n<li><strong>Chronic:<\/strong> Long-term changes such as rising temperatures, altered precipitation patterns, water scarcity, sea-level rise, and soil degradation.<\/li>\n<li><strong>Typical impacts:<\/strong> Damage to production and storage facilities, increased water and cooling requirements, disruptions to logistics and supply chains, raw material shortages, declining labor productivity, and restrictions on the insurability of sites.<\/li>\n<\/ul>\n<p>[\/vc_column_text][\/vc_tta_section][\/vc_tta_accordion][\/vc_column][vc_column css_animation=&#8221;fadeInRight&#8221; width=&#8221;1\/2&#8243;][vc_column_text]<\/p>\n<h3>Transitional Risks<\/h3>\n<p><strong>Transitional climate risks<\/strong> arise from the transition to a climate-neutral economy and changes in policy, technology, and the market.[\/vc_column_text][vc_tta_accordion active_title_color=&#8221;#666&#8243; inactive_title_color=&#8221;#666&#8243; collapsible_all=&#8221;true&#8221; active_section=&#8221;0&#8243;][vc_tta_section title=&#8221;Transitory Climate Risks and their Impacts&#8221; tab_id=&#8221;1791529625509-73d34872-20ba&#8221;][vc_column_text]<\/p>\n<ul>\n<li><strong>Political and legal:<\/strong> CO\u2082 pricing, emissions trading, CBAM, statutory limits, energy efficiency requirements, disclosure obligations, and climate-related litigation.<\/li>\n<li><strong>Technological:<\/strong> Transition to lower-emission technologies, investment needs, existing emission-intensive facilities (locked-in emissions), and loss of asset value (stranded assets).<\/li>\n<li><strong>Market-related:<\/strong> Changes in customer demand, fluctuating energy and commodity prices, and new requirements for suppliers, financing, and insurance.<\/li>\n<li><strong>Reputational:<\/strong> Accusations of greenwashing, criticism from stakeholders and the media, and impacts on employer attractiveness.<\/li>\n<li><strong>Typical impacts:<\/strong> Higher investment and operating costs, write-downs, changes in product portfolios and margins, adjustments to procurement and supply chains, and changes in access to capital and competitive position.<\/li>\n<\/ul>\n<p>[\/vc_column_text][\/vc_tta_section][\/vc_tta_accordion]<div class=\"ult-spacer spacer-6ad6a97593eed\" data-id=\"6ad6a97593eed\" data-height=\"40\" data-height-mobile=\"40\" data-height-tab=\"40\" data-height-tab-portrait=\"\" data-height-mobile-landscape=\"\" style=\"clear:both;display:block;\"><\/div>[\/vc_column][\/vc_row][vc_row][vc_column css_animation=&#8221;fadeInUp&#8221;]<div class=\"ult-spacer spacer-6ad6a97593f2f\" data-id=\"6ad6a97593f2f\" data-height=\"50\" data-height-mobile=\"50\" data-height-tab=\"50\" data-height-tab-portrait=\"\" data-height-mobile-landscape=\"\" style=\"clear:both;display:block;\"><\/div><div id=\"ultimate-heading-14786ad6a97593f7a\" class=\"uvc-heading ult-adjust-bottom-margin ultimate-heading-14786ad6a97593f7a uvc-8443  uvc-heading-default-font-sizes\" data-hspacer=\"no_spacer\"  data-halign=\"left\" style=\"text-align:left\"><div class=\"uvc-heading-spacer no_spacer\" style=\"top\"><\/div><div class=\"uvc-main-heading ult-responsive\"  data-ultimate-target='.uvc-heading.ultimate-heading-14786ad6a97593f7a h3'  data-responsive-json-new='{\"font-size\":\"\",\"line-height\":\"\"}' ><h3 style=\"font-weight:bold;color:#00adea;margin-bottom:20px;\">Impact Chains<\/h3><\/div><div class=\"uvc-sub-heading ult-responsive\"  data-ultimate-target='.uvc-heading.ultimate-heading-14786ad6a97593f7a .uvc-sub-heading '  data-responsive-json-new='{\"font-size\":\"desktop:34px;\",\"line-height\":\"desktop:44px;\"}'  style=\"font-weight:bold;color:#222222;margin-bottom:30px;\"><\/p>\n<div class=\"wpb_text_column wpb_content_element \">\n<div class=\"wpb_wrapper\">From Climate Impact to Financial Magnitude<\/div>\n<\/div>\n<p><\/div><\/div>[vc_column_text]The real added value arises when climate risks are described as impact chains: from the climate impact through the operational consequences to the financial impact. This logic enables comparability, integration with ERM, and a common language across functional areas.<\/p>\n<p><strong>Reference framework:<\/strong> Climate driver \u2192 Climate impact \u2192 Exposure\/vulnerability \u2192 Operational impact \u2192 Financial impact \u2192 Mitigation measure.[\/vc_column_text][vc_tta_accordion active_title_color=&#8221;#666&#8243; inactive_title_color=&#8221;#666&#8243; collapsible_all=&#8221;true&#8221; active_section=&#8221;0&#8243;][vc_tta_section title=&#8221;Examples&#8221; tab_id=&#8221;1792046547969-8f3e3c8b-9aeb&#8221;][vc_column_text]<\/p>\n<ul>\n<li style=\"font-weight: 400;\"><strong>Example Chain (physical, acute):<\/strong> Heavy rainfall event \u2192 Flooding of a production site (SSP5-8.5, 2050) \u2192 3-week production outage, restoration costs, disrupted logistics \u2192 Decline in revenue and additional costs of X million euros, rising insurance premiums \u2192 Measures: Flood protection, site redundancy, adjustment of insurance strategy.<\/li>\n<li style=\"font-weight: 400;\"><strong>Example chain (transitory):<\/strong> Increase in the CO\u2082 price and expansion of CBAM \u2192 higher procurement and manufacturing costs for emission-intensive intermediate products \u2192 margin pressure and need for price adjustments with key customers \u2192 decline in EBITDA of X million euros on the target path, investment needs for decarbonization \u2192 Action: Decarbonization roadmap, product\/supplier switching, price clauses.<\/li>\n<li style=\"font-weight: 400;\"><strong>Example chain (opportunity):<\/strong> Increasing demand for climate-resilient products and proven adaptation performance \u2192 differentiation in competitive bidding \u2192 higher probability of winning contracts and price premium \u2192 revenue potential of X million euros \u2192 Action: Product development, proof of adaptation, communication.<\/li>\n<\/ul>\n<p>[\/vc_column_text][\/vc_tta_section][\/vc_tta_accordion]<div class=\"ult-spacer spacer-6ad6a97593fed\" data-id=\"6ad6a97593fed\" data-height=\"50\" data-height-mobile=\"50\" data-height-tab=\"50\" data-height-tab-portrait=\"\" data-height-mobile-landscape=\"\" style=\"clear:both;display:block;\"><\/div>[vc_separator][\/vc_column][\/vc_row][vc_row][vc_column css_animation=&#8221;fadeInUp&#8221;]<div class=\"ult-spacer spacer-6ad6a9759402d\" data-id=\"6ad6a9759402d\" data-height=\"50\" data-height-mobile=\"50\" data-height-tab=\"50\" data-height-tab-portrait=\"\" data-height-mobile-landscape=\"\" style=\"clear:both;display:block;\"><\/div><div id=\"ultimate-heading-53796ad6a97594076\" class=\"uvc-heading ult-adjust-bottom-margin ultimate-heading-53796ad6a97594076 uvc-2435  uvc-heading-default-font-sizes\" data-hspacer=\"no_spacer\"  data-halign=\"left\" style=\"text-align:left\"><div class=\"uvc-heading-spacer no_spacer\" style=\"top\"><\/div><div class=\"uvc-main-heading ult-responsive\"  data-ultimate-target='.uvc-heading.ultimate-heading-53796ad6a97594076 h3'  data-responsive-json-new='{\"font-size\":\"\",\"line-height\":\"\"}' ><h3 style=\"font-weight:bold;color:#00adea;margin-bottom:20px;\">Relevance<\/h3><\/div><div class=\"uvc-sub-heading ult-responsive\"  data-ultimate-target='.uvc-heading.ultimate-heading-53796ad6a97594076 .uvc-sub-heading '  data-responsive-json-new='{\"font-size\":\"desktop:34px;\",\"line-height\":\"desktop:44px;\"}'  style=\"font-weight:bold;color:#222222;margin-bottom:30px;\"><\/p>\n<div class=\"wpb_text_column wpb_content_element \">\n<div class=\"wpb_wrapper\">Why conduct a Climate Risk Analysis?<\/div>\n<\/div>\n<p><\/div><\/div>[\/vc_column][\/vc_row][vc_row][vc_column css_animation=&#8221;fadeInUp&#8221; width=&#8221;1\/2&#8243;]<div class=\"aio-icon-component    style_1\"><div id=\"Info-box-wrap-6267\" class=\"aio-icon-box default-icon\" style=\"\"  ><div class=\"aio-icon-default\"><div class=\"ult-just-icon-wrapper  \"><div class=\"align-icon\" style=\"text-align:center;\">\n<div class=\"aio-icon circle \" data-animation=\"fadeInUp\" data-animation-delay=\"03\" style=\"color:#00adea;background:#e8e8e8;font-size:32px;display:inline-block;\">\n\t<i class=\"fas fa-money-bill-1\"><\/i>\n<\/div><\/div><\/div><\/div><div class=\"aio-icon-header\" ><h4 class=\"aio-icon-title ult-responsive\"  data-ultimate-target='#Info-box-wrap-6267 .aio-icon-title'  data-responsive-json-new='{\"font-size\":\"\",\"line-height\":\"\"}'  style=\"font-weight:bold;\">Financing &amp; Insurance<\/h4><\/div> <!-- header --><div class=\"aio-icon-description ult-responsive\"  data-ultimate-target='#Info-box-wrap-6267 .aio-icon-description'  data-responsive-json-new='{\"font-size\":\"\",\"line-height\":\"\"}'  style=\"\"><strong>More Attractive Financing and Insurance Terms<\/strong><\/p>\n<p>Quantifiable risks reduce uncertainty for banks and insurers and can lead to lower interest rates, larger credit lines, and guaranteed insurability.<\/div> <!-- description --><\/div> <!-- aio-icon-box --><\/div> <!-- aio-icon-component -->[\/vc_column][vc_column css_animation=&#8221;fadeInUp&#8221; width=&#8221;1\/2&#8243;]<div class=\"aio-icon-component    style_1\"><div id=\"Info-box-wrap-8237\" class=\"aio-icon-box default-icon\" style=\"\"  ><div class=\"aio-icon-default\"><div class=\"ult-just-icon-wrapper  \"><div class=\"align-icon\" style=\"text-align:center;\">\n<div class=\"aio-icon circle \" data-animation=\"fadeInUp\" data-animation-delay=\"03\" style=\"color:#00adea;background:#e8e8e8;font-size:32px;display:inline-block;\">\n\t<i class=\"fas fa-chart-column\"><\/i>\n<\/div><\/div><\/div><\/div><div class=\"aio-icon-header\" ><h4 class=\"aio-icon-title ult-responsive\"  data-ultimate-target='#Info-box-wrap-8237 .aio-icon-title'  data-responsive-json-new='{\"font-size\":\"\",\"line-height\":\"\"}'  style=\"font-weight:bold;\">Reporting Efficiency<\/h4><\/div> <!-- header --><div class=\"aio-icon-description ult-responsive\"  data-ultimate-target='#Info-box-wrap-8237 .aio-icon-description'  data-responsive-json-new='{\"font-size\":\"\",\"line-height\":\"\"}'  style=\"\"><strong>More Efficient Compliance with Reporting Requirements:<\/strong><\/p>\n<p>A single consolidated database supports ESRS E1, the EU Taxonomy, IFRS S2, TCFD, CDP, and ratings\u2014reducing duplication of effort and coordination loops.<\/div> <!-- description --><\/div> <!-- aio-icon-box --><\/div> <!-- aio-icon-component -->[\/vc_column][\/vc_row][vc_row][vc_column css_animation=&#8221;fadeInUp&#8221; width=&#8221;1\/2&#8243;]<div class=\"aio-icon-component    style_1\"><div id=\"Info-box-wrap-4323\" class=\"aio-icon-box default-icon\" style=\"\"  ><div class=\"aio-icon-default\"><div class=\"ult-just-icon-wrapper  \"><div class=\"align-icon\" style=\"text-align:center;\">\n<div class=\"aio-icon circle \" data-animation=\"fadeInUp\" data-animation-delay=\"03\" style=\"color:#00adea;background:#e8e8e8;font-size:32px;display:inline-block;\">\n\t<i class=\"fas fa-building-shield\"><\/i>\n<\/div><\/div><\/div><\/div><div class=\"aio-icon-header\" ><h4 class=\"aio-icon-title ult-responsive\"  data-ultimate-target='#Info-box-wrap-4323 .aio-icon-title'  data-responsive-json-new='{\"font-size\":\"\",\"line-height\":\"\"}'  style=\"font-weight:bold;\">Reputation Protection<\/h4><\/div> <!-- header --><div class=\"aio-icon-description ult-responsive\"  data-ultimate-target='#Info-box-wrap-4323 .aio-icon-description'  data-responsive-json-new='{\"font-size\":\"\",\"line-height\":\"\"}'  style=\"\"><strong>Reduced Reputational and Greenwashing Risk:<\/strong><\/p>\n<p>Climate risks presented in a transparent manner are verifiable rather than merely sensational, ensuring that ambitious statements remain credible over time.<\/div> <!-- description --><\/div> <!-- aio-icon-box --><\/div> <!-- aio-icon-component -->[\/vc_column][vc_column css_animation=&#8221;fadeInUp&#8221; width=&#8221;1\/2&#8243;]<div class=\"aio-icon-component    style_1\"><div id=\"Info-box-wrap-4454\" class=\"aio-icon-box default-icon\" style=\"\"  ><div class=\"aio-icon-default\"><div class=\"ult-just-icon-wrapper  \"><div class=\"align-icon\" style=\"text-align:center;\">\n<div class=\"aio-icon circle \" data-animation=\"fadeInUp\" data-animation-delay=\"03\" style=\"color:#00adea;background:#e8e8e8;font-size:32px;display:inline-block;\">\n\t<i class=\"fas fa-scale-balanced\"><\/i>\n<\/div><\/div><\/div><\/div><div class=\"aio-icon-header\" ><h4 class=\"aio-icon-title ult-responsive\"  data-ultimate-target='#Info-box-wrap-4454 .aio-icon-title'  data-responsive-json-new='{\"font-size\":\"\",\"line-height\":\"\"}'  style=\"font-weight:bold;\">Risk Integration<\/h4><\/div> <!-- header --><div class=\"aio-icon-description ult-responsive\"  data-ultimate-target='#Info-box-wrap-4454 .aio-icon-description'  data-responsive-json-new='{\"font-size\":\"\",\"line-height\":\"\"}'  style=\"\"><strong>Integration into Enterprise Risk Management (ERM):<\/strong><\/p>\n<p>Climate risks are not reported separately but are incorporated into the existing risk management framework through risk registers, risk matrices, limits, reporting channels, and responsibilities, thereby enabling them to be systematically managed alongside market, credit, operational, and compliance risks.<\/div> <!-- description --><\/div> <!-- aio-icon-box --><\/div> <!-- aio-icon-component -->[\/vc_column][\/vc_row][vc_row][vc_column css_animation=&#8221;fadeInUp&#8221; width=&#8221;1\/2&#8243;]<div class=\"aio-icon-component    style_1\"><div id=\"Info-box-wrap-9243\" class=\"aio-icon-box default-icon\" style=\"\"  ><div class=\"aio-icon-default\"><div class=\"ult-just-icon-wrapper  \"><div class=\"align-icon\" style=\"text-align:center;\">\n<div class=\"aio-icon circle \" data-animation=\"fadeInUp\" data-animation-delay=\"03\" style=\"color:#00adea;background:#e8e8e8;font-size:32px;display:inline-block;\">\n\t<i class=\"icomoon-the7-font-the7-expand-05\"><\/i>\n<\/div><\/div><\/div><\/div><div class=\"aio-icon-header\" ><h4 class=\"aio-icon-title ult-responsive\"  data-ultimate-target='#Info-box-wrap-9243 .aio-icon-title'  data-responsive-json-new='{\"font-size\":\"\",\"line-height\":\"\"}'  style=\"font-weight:bold;\">Quantification<\/h4><\/div> <!-- header --><div class=\"aio-icon-description ult-responsive\"  data-ultimate-target='#Info-box-wrap-9243 .aio-icon-description'  data-responsive-json-new='{\"font-size\":\"\",\"line-height\":\"\"}'  style=\"\"><strong>Quantitative Assessment of Climate Risks:<\/strong><\/p>\n<p>Instead of traffic-light colors, the analysis provides monetary metrics such as costs, revenue, EBITDA, and assets at risk, as well as break-even CO\u2082 prices, which\u2014when presented as ranges\u2014enable robust prioritization, budgeting, and investment decisions.<\/div> <!-- description --><\/div> <!-- aio-icon-box --><\/div> <!-- aio-icon-component -->[\/vc_column][vc_column css_animation=&#8221;fadeInUp&#8221; width=&#8221;1\/2&#8243;]<div class=\"aio-icon-component    style_1\"><div id=\"Info-box-wrap-7242\" class=\"aio-icon-box default-icon\" style=\"\"  ><div class=\"aio-icon-default\"><div class=\"ult-just-icon-wrapper  \"><div class=\"align-icon\" style=\"text-align:center;\">\n<div class=\"aio-icon circle \" data-animation=\"fadeInUp\" data-animation-delay=\"03\" style=\"color:#00adea;background:#e8e8e8;font-size:32px;display:inline-block;\">\n\t<i class=\"fas fa-handshake-angle\"><\/i>\n<\/div><\/div><\/div><\/div><div class=\"aio-icon-header\" ><h4 class=\"aio-icon-title ult-responsive\"  data-ultimate-target='#Info-box-wrap-7242 .aio-icon-title'  data-responsive-json-new='{\"font-size\":\"\",\"line-height\":\"\"}'  style=\"font-weight:bold;\">Common Understanding<\/h4><\/div> <!-- header --><div class=\"aio-icon-description ult-responsive\"  data-ultimate-target='#Info-box-wrap-7242 .aio-icon-description'  data-responsive-json-new='{\"font-size\":\"\",\"line-height\":\"\"}'  style=\"\"><strong>A Consistent Understanding of Climate Risks and Impact Chains:<\/strong><\/p>\n<p>A common taxonomy and the impact chain logic establish a shared language for procurement, production, logistics, sales, finance, legal, insurance, and communications, and prevent contradictory statements in reports and committee meetings.<\/div> <!-- description --><\/div> <!-- aio-icon-box --><\/div> <!-- aio-icon-component -->[\/vc_column][\/vc_row][vc_row][vc_column css_animation=&#8221;fadeInUp&#8221;]<div class=\"ult-spacer spacer-6ad6a975947f4\" data-id=\"6ad6a975947f4\" data-height=\"50\" data-height-mobile=\"50\" data-height-tab=\"50\" data-height-tab-portrait=\"\" data-height-mobile-landscape=\"\" style=\"clear:both;display:block;\"><\/div>[vc_separator][\/vc_column][\/vc_row][vc_row full_width=&#8221;stretch_row&#8221; gap=&#8221;0px&#8221; css_animation=&#8221;none&#8221; css=&#8221;.vc_custom_1792047532873{background-color: #FFFFFF !important;}&#8221;][vc_column css_animation=&#8221;fadeInUp&#8221;]<div class=\"ult-spacer spacer-6ad6a97594840\" data-id=\"6ad6a97594840\" data-height=\"30\" data-height-mobile=\"30\" data-height-tab=\"30\" data-height-tab-portrait=\"\" data-height-mobile-landscape=\"\" style=\"clear:both;display:block;\"><\/div><div id=\"ultimate-heading-1786ad6a97594898\" class=\"uvc-heading ult-adjust-bottom-margin ultimate-heading-1786ad6a97594898 uvc-9028  uvc-heading-default-font-sizes\" data-hspacer=\"no_spacer\"  data-halign=\"left\" style=\"text-align:left\"><div class=\"uvc-heading-spacer no_spacer\" style=\"top\"><\/div><div class=\"uvc-main-heading ult-responsive\"  data-ultimate-target='.uvc-heading.ultimate-heading-1786ad6a97594898 h3'  data-responsive-json-new='{\"font-size\":\"\",\"line-height\":\"\"}' ><h3 style=\"font-weight:bold;color:#00adea;margin-bottom:20px;\">The 8 CRO Elements<\/h3><\/div><div class=\"uvc-sub-heading ult-responsive\"  data-ultimate-target='.uvc-heading.ultimate-heading-1786ad6a97594898 .uvc-sub-heading '  data-responsive-json-new='{\"font-size\":\"desktop:34px;\",\"line-height\":\"desktop:44px;\"}'  style=\"font-weight:bold;color:#222222;margin-bottom:30px;\"><\/p>\n<div class=\"wpb_text_column wpb_content_element \">\n<div class=\"wpb_wrapper\">What are the components of a Climate Risk and Opportunity Analysis?<\/div>\n<\/div>\n<p><\/div><\/div>[vc_column_text]<\/p>\n<p style=\"font-weight: 400;\">For each element of the Climate Risk Analysis, DFGE identifies which existing data sources (e.g., ISO certificates, financial planning, risk registers, governance protocols, scenario and loss data) can be used and which specific documents will be created or refined over the course of the project. This results in an integrated climate risk analysis that equally addresses both internal management needs and external requirements from the CSRD (ESRS E1), TCFD, IFRS S2, CDP, or general stakeholder inquiries.<\/p>\n<p>[\/vc_column_text]<div class=\"standard-arrow list-divider bullet-top\"><ul>\n<li><strong>1. Scope &amp; System Boundaries<\/strong>\u2014Locations, business units, value chains, time horizons.<\/li>\n<li><strong>2. Risk and Opportunity Inventory<\/strong>\u2014Structured distinction between physical and transitory, acute and chronic.<\/li>\n<li><strong>3. Impact Chains &amp; Impact Model<\/strong>\u2014Impact chain logic with drivers, effects, and indicators.<\/li>\n<li><strong>4. Scenario Framework<\/strong> \u2013 Selection and justification of climate and transition scenarios for each time horizon.<\/li>\n<li><strong>5. Assessment Methodology &amp; Quantification<\/strong> \u2013 Criteria, metrics, damage\/cost assumptions, monetization.<\/li>\n<li><strong>6. ERM Integration<\/strong> \u2013 Integration with the risk register, risk tolerance, limits, planning, and reporting.<\/li>\n<li><strong>7. Governance &amp; Responsibilities<\/strong> \u2013 Approval, oversight, operational responsibilities, and implementation.<\/li>\n<li><strong>8. Management &amp; Updates<\/strong> \u2013 Measures, KPIs, monitoring cycle, and updating the analysis.<\/li>\n<\/ul>\n<\/div><div class=\"ult-spacer spacer-6ad6a97594998\" data-id=\"6ad6a97594998\" data-height=\"20\" data-height-mobile=\"20\" data-height-tab=\"20\" data-height-tab-portrait=\"\" data-height-mobile-landscape=\"\" style=\"clear:both;display:block;\"><\/div>[vc_column_text]<\/p>\n<p style=\"font-weight: 400;\">Do you have questions about our individual services? If so, please feel free to contact us!<\/p>\n<p>[\/vc_column_text]<style type=\"text\/css\" data-type=\"the7_shortcodes-inline-css\">#default-btn-a4a0e9eb32b1606880f84149a269cedb.ico-right-side > i {\n  margin-right: 0px;\n  margin-left: 8px;\n}\n#default-btn-a4a0e9eb32b1606880f84149a269cedb > i {\n  margin-right: 8px;\n}<\/style><a href=\"https:\/\/dfge.de\/kontakt\/\" class=\"default-btn-shortcode dt-btn dt-btn-m link-hover-off btn-inline-left \" target=\"_blank\" id=\"default-btn-a4a0e9eb32b1606880f84149a269cedb\" rel=\"noopener\"><i class=\"far fa-calendar-check\"><\/i><span>Get in Touch!<\/span><\/a><div class=\"ult-spacer spacer-6ad6a97594ae5\" data-id=\"6ad6a97594ae5\" data-height=\"70\" data-height-mobile=\"70\" data-height-tab=\"70\" data-height-tab-portrait=\"\" data-height-mobile-landscape=\"\" style=\"clear:both;display:block;\"><\/div>[\/vc_column][\/vc_row][vc_row full_width=&#8221;stretch_row&#8221; gap=&#8221;0px&#8221; equal_height=&#8221;yes&#8221; css=&#8221;.vc_custom_1791540774043{padding-top: 70px !important;padding-bottom: 60px !important;background-color: rgba(0,0,0,0.04) !important;*background-color: rgb(0,0,0) !important;}&#8221; el_id=&#8221;CSRD-Services-DE&#8221;][vc_column][vc_row_inner][vc_column_inner width=&#8221;1\/2&#8243; css=&#8221;.vc_custom_1643128325733{margin-bottom: 45px !important;border-right-width: 3px !important;padding-top: 30px !important;padding-bottom: 30px !important;border-right-color: #00adea !important;border-right-style: solid !important;}&#8221; offset=&#8221;vc_col-lg-offset-0 vc_col-md-offset-0 vc_col-sm-offset-0 vc_col-xs-6&#8243;][\/vc_column_inner][\/vc_row_inner]<div id=\"ultimate-heading-7176ad6a97594b3f\" class=\"uvc-heading ult-adjust-bottom-margin ultimate-heading-7176ad6a97594b3f uvc-2011 \" data-hspacer=\"no_spacer\"  data-halign=\"center\" style=\"text-align:center\"><div class=\"uvc-heading-spacer no_spacer\" style=\"top\"><\/div><div class=\"uvc-main-heading ult-responsive\"  data-ultimate-target='.uvc-heading.ultimate-heading-7176ad6a97594b3f h2'  data-responsive-json-new='{\"font-size\":\"desktop:50px;\",\"line-height\":\"desktop:60px;\"}' ><h2 style=\"font-weight:bold;margin-bottom:10px;\">Services<\/h2><\/div><div class=\"uvc-sub-heading ult-responsive\"  data-ultimate-target='.uvc-heading.ultimate-heading-7176ad6a97594b3f .uvc-sub-heading '  data-responsive-json-new='{\"font-size\":\"\",\"line-height\":\"\"}'  style=\"font-weight:normal;\"><\/p>\n<p style=\"font-weight: 400;\">DFGE-Services for Climate Risk Analyses<\/p>\n<p><\/div><\/div><div class=\"ult-spacer spacer-6ad6a97594bae\" data-id=\"6ad6a97594bae\" data-height=\"40\" data-height-mobile=\"40\" data-height-tab=\"40\" data-height-tab-portrait=\"\" data-height-mobile-landscape=\"\" style=\"clear:both;display:block;\"><\/div>[vc_row_inner gap=&#8221;30&#8243; equal_height=&#8221;yes&#8221; css=&#8221;.vc_custom_1668179710641{padding-right: 25px !important;padding-left: 25px !important;}&#8221;][vc_column_inner css=&#8221;.vc_custom_1575395583553{padding-top: 50px !important;padding-right: 10% !important;padding-bottom: 50px !important;padding-left: 10% !important;background-color: #ffffff !important;}&#8221;]<div class=\"aio-icon-component    style_1\"><div id=\"Info-box-wrap-5156\" class=\"aio-icon-box default-icon\" style=\"\"  ><div class=\"aio-icon-default\"><div class=\"ult-just-icon-wrapper  \"><div class=\"align-icon\" style=\"text-align:center;\">\n<div class=\"aio-icon circle \" data-animation=\"fadeInUp\" data-animation-delay=\"03\" style=\"color:#00adea;background:#e8e8e8;font-size:32px;display:inline-block;\">\n\t<i class=\"dt-icon-the7-hide-icons\"><\/i>\n<\/div><\/div><\/div><\/div><div class=\"aio-icon-header\" ><h4 class=\"aio-icon-title ult-responsive\"  data-ultimate-target='#Info-box-wrap-5156 .aio-icon-title'  data-responsive-json-new='{\"font-size\":\"\",\"line-height\":\"\"}'  style=\"font-weight:bold;\">Basic \u2013 CRO Gap Analysis<\/h4><\/div> <!-- header --><\/div> <!-- aio-icon-box --><\/div> <!-- aio-icon-component --><div class=\"standard-arrow list-divider bullet-top\"><ul>\n<li>Structured readiness check based on the 8 CRA elements<\/li>\n<li>Initial screening of existing documentation (risk registers, reports, scenario assumptions)<\/li>\n<li>Systematic gap analysis, including an assessment of relevance<\/li>\n<li>Identification of the most significant gaps and risks<\/li>\n<li>Prioritized recommendations for action<\/li>\n<li>Presentation of results tailored for management, including a gap matrix and CRA readiness status<\/li>\n<\/ul>\n<\/div>[\/vc_column_inner][\/vc_row_inner][vc_row_inner gap=&#8221;30&#8243; equal_height=&#8221;yes&#8221; css=&#8221;.vc_custom_1738317218501{padding-right: 25px !important;padding-left: 25px !important;}&#8221;][vc_column_inner css=&#8221;.vc_custom_1575395579053{padding-top: 50px !important;padding-right: 10% !important;padding-bottom: 50px !important;padding-left: 10% !important;background-color: #ffffff !important;}&#8221;]<div class=\"aio-icon-component    style_1\"><div id=\"Info-box-wrap-7523\" class=\"aio-icon-box default-icon\" style=\"\"  ><div class=\"aio-icon-default\"><div class=\"ult-just-icon-wrapper  \"><div class=\"align-icon\" style=\"text-align:center;\">\n<div class=\"aio-icon circle \" data-animation=\"fadeInUp\" data-animation-delay=\"03\" style=\"color:#00adea;background:#e8e8e8;font-size:32px;display:inline-block;\">\n\t<i class=\"fas fa-list-check\"><\/i>\n<\/div><\/div><\/div><\/div><div class=\"aio-icon-header\" ><h4 class=\"aio-icon-title ult-responsive\"  data-ultimate-target='#Info-box-wrap-7523 .aio-icon-title'  data-responsive-json-new='{\"font-size\":\"\",\"line-height\":\"\"}'  style=\"font-weight:bold;\">Advanced \u2013 Development of the Climate Risk Analysis<\/h4><\/div> <!-- header --><\/div> <!-- aio-icon-box --><\/div> <!-- aio-icon-component --><div class=\"standard-arrow list-divider bullet-top\"><ul>\n<li>Comprehensive identification of physical and transitional risks and opportunities<\/li>\n<li>Development of impact chains, including an impact model<\/li>\n<li>Scenario definition (climate and transition pathways) and justification of assumptions<\/li>\n<li>Qualitative and quantitative assessment, including monetization and sensitivity analyses<\/li>\n<li>Integration with ERM, risk-bearing capacity, and financial planning<\/li>\n<li>Definition of KPIs, thresholds, and monitoring<\/li>\n<li>Preparation of a consistent, ESRS-compliant analysis and reporting document<\/li>\n<\/ul>\n<\/div>[\/vc_column_inner][\/vc_row_inner][vc_row_inner gap=&#8221;30&#8243; equal_height=&#8221;yes&#8221; css=&#8221;.vc_custom_1738317225911{padding-right: 25px !important;padding-left: 25px !important;}&#8221;][vc_column_inner css=&#8221;.vc_custom_1575395579053{padding-top: 50px !important;padding-right: 10% !important;padding-bottom: 50px !important;padding-left: 10% !important;background-color: #ffffff !important;}&#8221;]<div class=\"aio-icon-component    style_1\"><div id=\"Info-box-wrap-7965\" class=\"aio-icon-box default-icon\" style=\"\"  ><div class=\"aio-icon-default\"><div class=\"ult-just-icon-wrapper  \"><div class=\"align-icon\" style=\"text-align:center;\">\n<div class=\"aio-icon circle \" data-animation=\"fadeInUp\" data-animation-delay=\"03\" style=\"color:#00adea;background:#e8e8e8;font-size:32px;display:inline-block;\">\n\t<i class=\"fas fa-clipboard-check\"><\/i>\n<\/div><\/div><\/div><\/div><div class=\"aio-icon-header\" ><h4 class=\"aio-icon-title ult-responsive\"  data-ultimate-target='#Info-box-wrap-7965 .aio-icon-title'  data-responsive-json-new='{\"font-size\":\"\",\"line-height\":\"\"}'  style=\"font-weight:bold;\">Flexible CRO Support<\/h4><\/div> <!-- header --><\/div> <!-- aio-icon-box --><\/div> <!-- aio-icon-component --><div class=\"standard-arrow list-divider bullet-top\"><ul>\n<li>Review of your own climate risk analysis or individual elements<\/li>\n<li>Alignment with CSRD\/ESRS reporting, the EU Taxonomy, CDP, and Climate Transition Plan (CTP)<\/li>\n<li>Facilitation and content development for CRA workshops<\/li>\n<li>Development of individual components, e.g., impact chains, scenario frameworks, quantification models<\/li>\n<li>Support in establishing processes and reporting tools<\/li>\n<li>Sparring partner for internal project teams or end-to-end project management<\/li>\n<li>Long-term support for updates and further development<\/li>\n<\/ul>\n<\/div>[\/vc_column_inner][\/vc_row_inner]<div class=\"ult-spacer spacer-6ad6a97594fe8\" data-id=\"6ad6a97594fe8\" data-height=\"40\" data-height-mobile=\"40\" data-height-tab=\"40\" data-height-tab-portrait=\"\" data-height-mobile-landscape=\"\" style=\"clear:both;display:block;\"><\/div>[vc_column_text]<\/p>\n<h3 style=\"text-align: center;\">DFGE can assist you with your CR&amp;O Analysis &#8211; please contact us.<\/h3>\n<p>[\/vc_column_text]<style type=\"text\/css\" data-type=\"the7_shortcodes-inline-css\">#default-btn-8c0f75604d3a9f70a984ea5e0523cfb5 {\n  border-radius: 100px;\n  font-size: 16px;\n  line-height: 18px;\n}\n.btn-shadow#default-btn-8c0f75604d3a9f70a984ea5e0523cfb5 {\n  box-shadow: 0 1px 6px rgba(0,0,0,0.12);\n  transition: box-shadow 0.2s ease-out, opacity 0.45s;\n}\n.btn-shadow#default-btn-8c0f75604d3a9f70a984ea5e0523cfb5:hover {\n  box-shadow: 0 5px 11px 0 rgba(0,0,0,0.18), 0 4px 15px 0 rgba(0,0,0,0.15);\n}\n.btn-flat#default-btn-8c0f75604d3a9f70a984ea5e0523cfb5 {\n  box-shadow: none;\n}\n.btn-flat#default-btn-8c0f75604d3a9f70a984ea5e0523cfb5:hover {\n  box-shadow: none;\n}\n#default-btn-8c0f75604d3a9f70a984ea5e0523cfb5.ico-right-side > i {\n  margin-right: 0px;\n  margin-left: 8px;\n}\n#default-btn-8c0f75604d3a9f70a984ea5e0523cfb5 > i {\n  margin-right: 8px;\n  font-size: 16px;\n}\n#default-btn-8c0f75604d3a9f70a984ea5e0523cfb5:not(:hover) {\n  border-width: 0px;\n  color: #ffffff;\n  padding: 19px 13px 19px 13px;\n}\n#default-btn-8c0f75604d3a9f70a984ea5e0523cfb5:not(:hover) * {\n  color: #ffffff;\n}\n#default-btn-8c0f75604d3a9f70a984ea5e0523cfb5:hover {\n  border-width: 0px;\n  color: #ffffff;\n  padding: 19px 13px 19px 13px;\n}\n#default-btn-8c0f75604d3a9f70a984ea5e0523cfb5:hover * {\n  color: #ffffff;\n}\n#default-btn-8c0f75604d3a9f70a984ea5e0523cfb5.ico-right-side > i {\n  margin-right: 0px;\n  margin-left: 8px;\n}\n#default-btn-8c0f75604d3a9f70a984ea5e0523cfb5 > i {\n  margin-right: 8px;\n}<\/style><div class=\"btn-align-center\"><a href=\"https:\/\/dfge.de\/kontakt\/\" class=\"default-btn-shortcode dt-btn link-hover-off ico-right-side btn-flat \" target=\"_blank\" id=\"default-btn-8c0f75604d3a9f70a984ea5e0523cfb5\" style=\"width:240px;\" rel=\"noopener\"><span>Schedule an initial Consultation!<\/span><i class=\"fas fa-handshake-angle\"><\/i><\/a><\/div>[\/vc_column][\/vc_row][vc_row][vc_column]<div class=\"ult-spacer spacer-6ad6a975950ef\" data-id=\"6ad6a975950ef\" data-height=\"40\" data-height-mobile=\"40\" data-height-tab=\"40\" data-height-tab-portrait=\"\" data-height-mobile-landscape=\"\" style=\"clear:both;display:block;\"><\/div><div id=\"ultimate-heading-38616ad6a97595144\" class=\"uvc-heading ult-adjust-bottom-margin ultimate-heading-38616ad6a97595144 uvc-530  uvc-heading-default-font-sizes\" data-hspacer=\"no_spacer\"  data-halign=\"left\" style=\"text-align:left\"><div class=\"uvc-heading-spacer no_spacer\" style=\"top\"><\/div><div class=\"uvc-main-heading ult-responsive\"  data-ultimate-target='.uvc-heading.ultimate-heading-38616ad6a97595144 h3'  data-responsive-json-new='{\"font-size\":\"\",\"line-height\":\"\"}' ><h3 style=\"font-weight:bold;color:#00adea;margin-bottom:20px;\">Your Advantages<\/h3><\/div><div class=\"uvc-sub-heading ult-responsive\"  data-ultimate-target='.uvc-heading.ultimate-heading-38616ad6a97595144 .uvc-sub-heading '  data-responsive-json-new='{\"font-size\":\"desktop:34px;\",\"line-height\":\"desktop:44px;\"}'  style=\"font-weight:bold;color:#222222;margin-bottom:30px;\"><\/p>\n<div class=\"wpb_text_column wpb_content_element \">\n<div class=\"wpb_wrapper\">\n<p>Climate Risk and Opportunity Analysis with the DFGE<\/p>\n<\/div>\n<\/div>\n<p><\/div><\/div>[\/vc_column][\/vc_row][vc_row css=&#8221;.vc_custom_1643619024494{padding-top: 30px !important;padding-bottom: 60px !important;}&#8221;][vc_column css_animation=&#8221;fadeInUp&#8221; width=&#8221;1\/2&#8243;]<div class=\"standard-arrow list-divider bullet-top\"><ul>\n<li style=\"font-weight: 400;\"><strong>Flexibility<\/strong> \u2013 Tailored to your company and your value chain; adaptable to company size, industry, data availability, and objectives. From risk identification to monetary valuation.<\/li>\n<li style=\"font-weight: 400;\"><strong>Practical and immediately implementable<\/strong> \u2013 Results can be integrated into existing risk and management processes; they are not designed as a separate system.<\/li>\n<\/ul>\n<\/div>[\/vc_column][vc_column css_animation=&#8221;fadeInUp&#8221; width=&#8221;1\/2&#8243;]<div class=\"standard-arrow list-divider bullet-top\"><ul>\n<li style=\"font-weight: 400;\"><strong>Expertise<\/strong> \u2013 Over 25 years of consulting; experience in climate strategies, risk analysis, and ESG. In-depth knowledge of regulatory requirements such as CSRD\/ESRS, the EU Taxonomy, TCFD\/IFRS S2, as well as scenario and quantification methods. A combination of scientifically sound methods and pragmatic recommendations for action.<\/li>\n<li style=\"font-weight: 400;\"><strong>The DFGE Network<\/strong> \u2013 Access to international experts and partners from relevant industries; best-practice examples and innovative approaches; support in integrating supply chain perspectives.<\/li>\n<\/ul>\n<\/div>[\/vc_column][\/vc_row][vc_row][vc_column][vc_separator css=&#8221;.vc_custom_1664525067852{padding-top: 20px !important;padding-bottom: 20px !important;}&#8221;]<div class=\"ult-spacer spacer-6ad6a975952aa\" data-id=\"6ad6a975952aa\" data-height=\"20\" data-height-mobile=\"20\" data-height-tab=\"20\" data-height-tab-portrait=\"\" data-height-mobile-landscape=\"\" style=\"clear:both;display:block;\"><\/div>[\/vc_column][\/vc_row][vc_row][vc_column css_animation=&#8221;fadeInUp&#8221;]<div id=\"ultimate-heading-4316ad6a97595344\" class=\"uvc-heading ult-adjust-bottom-margin ultimate-heading-4316ad6a97595344 uvc-4583  uvc-heading-default-font-sizes\" data-hspacer=\"no_spacer\"  data-halign=\"left\" style=\"text-align:left\"><div class=\"uvc-heading-spacer no_spacer\" style=\"top\"><\/div><div class=\"uvc-sub-heading ult-responsive\"  data-ultimate-target='.uvc-heading.ultimate-heading-4316ad6a97595344 .uvc-sub-heading '  data-responsive-json-new='{\"font-size\":\"desktop:34px;\",\"line-height\":\"desktop:44px;\"}'  style=\"font-weight:bold;color:#222222;margin-bottom:30px;\">FAQ | Frequently Asked Questions About Climate Risk and Opportunity Analysis<\/div><\/div>[vc_accordion active_tab=&#8221;false&#8221; collapsible=&#8221;yes&#8221; style=&#8221;2&#8243;][vc_accordion_tab title=&#8221;1. Which companies are affected &#8211; and is it worth conducting an analysis even if a company isn\u2019t required to report under the CSRD?&#8221;][vc_column_text]<\/p>\n<p style=\"font-weight: 400;\">The impact is not limited to any specific industry: Physical risks affect locations, procurement, and logistics, while transitional risks stem from CO\u2082 prices, CBAM, and technological and customer requirements. Both are systematically assessed in Scope (Element 1) and in the Risk and Opportunity Inventory (Element 2)\u2014rather than being assumed across the board. Even without a specific reporting requirement, the analysis is worthwhile because the requirements are passed down along the value chain: Banks, insurers, and customers are increasingly requesting climate risk and decarbonization data directly from their business partners.<\/p>\n<p>[\/vc_column_text][\/vc_accordion_tab][vc_accordion_tab title=&#8221;2. Does this result in duplicate work in addition to the existing risk management?&#8221;][vc_column_text]<\/p>\n<p style=\"font-weight: 400;\">No &#8211; the analysis is deliberately not designed as a parallel world. It leverages your existing data ecosystem (risk registers, sustainability reports, emissions inventories, site, insurance, and financial data) and feeds into ERM integration (Element 6): Climate risks are incorporated into existing processes via registers, risk matrices, limits, reporting channels, and responsibilities. The result is a unified risk language rather than a separate special report.<\/p>\n<p>[\/vc_column_text][\/vc_accordion_tab][vc_accordion_tab title=&#8221;3. What data is required &#8211; and how are missing data points handled?&#8221;][vc_column_text]<\/p>\n<p style=\"font-weight: 400;\">The starting point is what already exists: reports, certificates, planning documents, and risk documents. The gap analysis provides a structured overview of what information is available and where gaps exist. Missing data does not hinder the analysis: it is accounted for through well-founded assumptions, ranges, and sensitivity analyses, and is transparently identified as an assumption\u2014ensuring that the results remain reliable and can be updated later.<\/p>\n<p>[\/vc_column_text][\/vc_accordion_tab][vc_accordion_tab title=&#8221;4. How reliable are the results given the uncertainty of future scenarios?&#8221;][vc_column_text]<\/p>\n<p style=\"font-weight: 400;\">The goal is not to provide a point estimate, but rather a robust range. Based on defined climate and transition scenarios, documented damage and cost assumptions, and sensitivity analyses, monetary metrics such as costs, revenue, EBITDA, and asset-at-risk, as well as break-even CO\u2082 prices, are derived. This makes it possible to discuss climate risks using the same logic as market or credit risks\u2014and the assumptions remain verifiable and compatible with TCFD and IFRS S2.<\/p>\n<p>[\/vc_column_text][\/vc_accordion_tab][vc_accordion_tab title=&#8221;5. Is a Climate Risk Analysis needed in addition to the existing Climate Transition Plan?&#8221;][vc_column_text]<\/p>\n<p style=\"font-weight: 400;\">The two instruments complement each other. The Climate Transition Plan (CTP) outlines the path to decarbonization (ESRS E1-1), while the climate risk analysis assesses risks and opportunities and translates them into financial metrics. The risk analysis provides the rationale for investment needs, prioritization, and the handling of locked-in emissions and stranded assets\u2014thereby strengthening the CTP\u2019s credibility with banks, investors, and insurers. The analysis can be directly integrated with your existing CTP framework. A comprehensive Transition Plan can therefore address both climate mitigation and climate adaptation.<\/p>\n<p>[\/vc_column_text][\/vc_accordion_tab][\/vc_accordion]<div class=\"ult-spacer spacer-6ad6a975953e8\" data-id=\"6ad6a975953e8\" data-height=\"80\" data-height-mobile=\"80\" data-height-tab=\"80\" data-height-tab-portrait=\"\" data-height-mobile-landscape=\"\" style=\"clear:both;display:block;\"><\/div>[\/vc_column][\/vc_row][vc_row full_width=&#8221;stretch_row&#8221; content_placement=&#8221;middle&#8221; css_animation=&#8221;fadeInUp&#8221; css=&#8221;.vc_custom_1643118849013{padding-top: 80px !important;padding-bottom: 60px !important;background-color: rgba(0,0,0,0.04) !important;*background-color: rgb(0,0,0) !important;}&#8221;][vc_column css=&#8221;.vc_custom_1575378589868{padding-bottom: 20px !important;}&#8221; offset=&#8221;vc_col-lg-4 vc_col-md-12&#8243;]<div id=\"ultimate-heading-24936ad6a97595456\" class=\"uvc-heading ult-adjust-bottom-margin ultimate-heading-24936ad6a97595456 uvc-6514  uvc-heading-default-font-sizes\" data-hspacer=\"no_spacer\"  data-halign=\"center\" style=\"text-align:center\"><div class=\"uvc-heading-spacer no_spacer\" style=\"top\"><\/div><div class=\"uvc-main-heading ult-responsive\"  data-ultimate-target='.uvc-heading.ultimate-heading-24936ad6a97595456 h2'  data-responsive-json-new='{\"font-size\":\"\",\"line-height\":\"\"}' ><h2 style=\"font-weight:bold;margin-bottom:0px;\">Get started with your Climate Risk and Opportunity Analysis<\/h2><\/div><\/div>[\/vc_column][vc_column css=&#8221;.vc_custom_1575378595138{padding-bottom: 20px !important;}&#8221; offset=&#8221;vc_col-lg-4 vc_col-md-12&#8243;]<div id=\"ultimate-heading-48786ad6a975954d2\" class=\"uvc-heading ult-adjust-bottom-margin ultimate-heading-48786ad6a975954d2 uvc-2498 \" data-hspacer=\"no_spacer\"  data-halign=\"center\" style=\"text-align:center\"><div class=\"uvc-heading-spacer no_spacer\" style=\"top\"><\/div><div class=\"uvc-main-heading ult-responsive\"  data-ultimate-target='.uvc-heading.ultimate-heading-48786ad6a975954d2 h2'  data-responsive-json-new='{\"font-size\":\"desktop:24px;\",\"line-height\":\"desktop:34px;\"}' ><h2 style=\"font-weight:bold;\">+49 8192 99 7 33-20<\/h2><\/div><div class=\"uvc-sub-heading ult-responsive\"  data-ultimate-target='.uvc-heading.ultimate-heading-48786ad6a975954d2 .uvc-sub-heading '  data-responsive-json-new='{\"font-size\":\"desktop:20px;\",\"line-height\":\"desktop:30px;\"}'  style=\"font-weight:normal;color:#148ba9;\">info@dfge.de<\/div><\/div>[\/vc_column][vc_column css=&#8221;.vc_custom_1575378844390{padding-bottom: 20px !important;}&#8221; 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width=&#8221;2\/3&#8243;][vc_column_text css_animation=&#8221;none&#8221;]Climate change affects businesses in two ways: through physical risks (extreme weather events and long-term climatic changes) and transition risks (political and regulatory developments, technological advances, market shifts and reputational factors). Both can affect revenue, costs, assets, financing costs and supply chains. These impacts are increasingly being&hellip;<\/p>\n","protected":false},"author":21,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"content-type":"","footnotes":""},"class_list":["post-36830","page","type-page","status-publish","hentry","description-off"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Climate risk and opportunity analysis - DFGE - Institute for Energy, Ecology and Economy<\/title>\n<meta name=\"description\" content=\"DFGE offers companies comprehensive support in climate risk and opportunity analysis, which is consistently based on the requirements of the CSRD and the TCFD framework.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dfge.de\/en\/climate-risk-and-opportunity-analysis\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Climate risk and opportunity analysis - 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