How do organizations develop long-term and resilient strategies in the context of uncertain environmental, social, political, or economic factors? To account for the potential effects of such uncertainties, it is important to envision how these factors may evolve or impact your organization over time.
Scenario analysis is a crucial step in evaluating the implications of climate change on your organization. The Task Force on Climate-related Financial Disclosures (TCFD) recommends using scenario analysis to evaluate climate-related financial risk and opportunities in the face of this uncertainty. With this tool, your organization can develop strategic plans that are more flexible and resilient to a range of plausible future states.
In this session, VitalMetrics Group will introduce climate-related scenario planning and discuss how scenario analysis can be used to evaluate the risks and opportunities climate change presents to your organization. CDP will discuss the alignment of its climate change questionnaire with TCFD's recommendations as well as the new questions being added in 2020. Join us for this webinar!