Whether the request comes from an investor, a lender, your board, or a regulator — produce a defensible, TCFD-aligned climate risk assessment. Physical and transition risk across three IPCC scenarios. IFRS S2, CSRD ESRS E1, and SB 261 ready, from one assessment.
Most climate risk reporting isn't triggered by a law at all — it's triggered by someone you answer to. Climate risk has become a standard part of how capital, credit, and commercial relationships are evaluated.
Built for sustainability and finance teams. Aligned to what regulators, lenders, and investors expect.
IFRS S2 and CSRD/ESRS ask for resilience across a diverse range of climate futures — and for the judgment behind it to be documented. ThemisIQ produces exactly that, with every figure traceable to its basis.
Reporting under CSRD/ESRS? The same assessment scores all ten ESRS topics on both axes from industry baselines — a first pass that scopes the work rather than doing it. It does not include the stakeholder engagement ESRS requires on the impact side.
The Materiality Assessment module →These regimes differ in kind, not only in timing — the table below states where each one stands. Most build on the same TCFD foundation, so ThemisIQ maps a single assessment across all of them.
| Framework | Jurisdiction | Who it applies to | Status | ThemisIQ coverage |
|---|---|---|---|---|
| CSRD · ESRS E1 | European Union | Large EU & EU-active companies | In force (scope simplified by Omnibus) | ✓ Full — ESRS E1 climate risk (E1 only) |
| IFRS S2 (ISSB) | Multiple | Adopted jurisdiction by jurisdiction | Live where adopted — voluntary or mandatory | ✓ Full — TCFD + scenario analysis |
| UK SRS (S1 & S2) | United Kingdom | Listed & large companies | Rules expected from FY2027 | ✓ Full — ISSB-aligned |
| Australia · AASB S2 | Australia | Large entities, phased | Phasing in from Jan 2025 | ✓ Full — IFRS S2 basis |
| Canada · CSDS | Canada | ISSB-aligned, voluntary→mandatory | Adoption underway | ✓ Full — IFRS S2 basis |
| SB 261 | California, USA | $500M+ revenue, doing business in CA | Enforcement paused — appeal pending, no new date | ✓ Full — TCFD-aligned report |
| TCFD | Global | Investor / lender / board requested | De facto standard | ✓ Full — all four pillars |
Two documents come out of the same assessment, one for each standard. Both were generated by the live tool for a fictional industrial-manufacturing entity operating in Eastern North America and Northern Europe. Between them, the difference is the standard, not the engine.
Samples are illustrative outputs from the live tool, generated for a fictional entity. Your own report would be specific to your inputs and saved to your private account.
The screening tells you which of the ten ESRS topics are likely to matter. The Materiality Assessment is where you establish that they do.
You run a stakeholder survey — your own workforce, workers in your value chain, communities, customers — and see what each group says about each topic. You delegate sub-topics to the people in your organisation who know them, and each records a severity determination against the ESRS criteria, for harm and for benefit separately. Where you and your stakeholders see a topic differently, the report sets the two side by side, because that difference is the first thing an assurance provider asks about.
The deliverable is a board paper that records the assessment and the reasoning behind it — the findings, the stakeholders engaged, the determinations reached, and the disclosure requirements each material topic carries. It is written to be read by directors or senior leadership and handed to an auditor.
$4,900 per year.
The Materiality Assessment module →A complete TCFD-aligned climate risk assessment — one flat annual price. Add modules and the multi-module discount applies automatically: two modules −10%, three or more −20%.
ThemisIQ guides you through a complete, TCFD-aligned climate risk assessment and produces a publishable report — for whoever is asking. Build it free; unlock the export on a paid plan.