Climate Risk Screening

See how climate change could affect your business, with workings you can show.

Self-guided, or with advisors at the ready.

Physical and transition risk, and the opportunities alongside them, across a range of climate futures. You do not need a risk register to start: the module builds one from a handful of short questions about your business. Built for IFRS S2 and TCFD, and for California SB 261 reports if its enforcement resumes.

28 jurisdictions have adopted the ISSB standards on a voluntary or mandatory basis, with a further 12 planning to (April 2026) S&P Global ISSB tracker, 22 April 2026

Run the free screening See what you need to report

How people arrive here

You have never done this before

There is no risk register, no scenario work, and no obvious place to start. This module begins with a few questions about your business and produces the register for you.

A regulation applies

California SB 261, CSRD or national regulations apply and you need to submit your first report.

An investor, lender or board asked

Someone wants to know how resilient the business is under different climate futures. Now is the right time to identify your material risks and opportunities.

What the module covers

Physical risk: Seven climate hazards by IPCC AR6 region and asset profile.
Transition risk and resilience: Policy, market, technology and reputation, by sector.
Climate opportunities: The TCFD five categories, scored for your industry and weighted by scenario.
Scenario analysis: Several futures rather than one, with the assumptions recorded.

Physical risk data covers 19 of the 44 IPCC AR6 land regions outside Antarctica, plus the Pacific islands. The other 25 are not yet covered: Central and South America; Greenland and Iceland; the Sahara, central, north-eastern, south-eastern and south-western Africa, and Madagascar; Russia, Siberia and central Asia including Tibet; central and southern Australia, and New Zealand. Hazard values are starter values, and we are transcribing them from named open datasets, adding the missing regions as we go.

How it works

You bring: Your industry, where you operate, your asset profile, the scenario and the horizon you report on. No existing risk register needed.
ThemisIQ applies: Recognised climate pathways, sector transition drivers and a consistent scoring method.
You get: A physical and transition risk register and a multi-scenario resilience report, with every conclusion traceable to its basis.

How you stand behind it

Every risk score keeps the inputs and the method behind it, so a reviewer can see which inputs and settings produced each score rather than taking the number on trust.

Nothing is a black box. Every score carries the inputs and the method that produced it, so a reviewer can follow the reasoning rather than taking the number on trust.

What the module produces

The screening produces one report. The sample is a screening run on model 2.0 for a fictional company, built by the same engine and report generator as yours.

Climate Risk Screening

Physical and transition risk across the scenario range, with the resilience conclusion and the basis for each classification. It is a screening: it works at industry and country level, not from your company's own data. For company-specific work, the IFRS S2 Report is coming soon.

Read the sample

What it satisfies

Each of these is described, sourced and mapped to a module on the regulations page.

SB 261 IFRS S2 TCFD ESRS E1

Pricing

Start with the free screening.

A climate risk and resilience screening, aligned to the TCFD strategy recommendations, free with a company account. Free to run, and your results show straight away. To get the PDF, you will need a free account with your company email. One free screening per company.

Climate Risk Screening

Free with a company account

✓Physical and transition risk assessment

✓Four IPCC scenario pathways, including a 1.5 °C one

✓Strategy section of a TCFD or IFRS S2 report

✓IFRS S2 · CSRD ESRS E1

Run the free screening

Coming soon: the IFRS S2 Report

A climate report for IFRS S2, specific to your company and built on your own data. It will cover:

✓All four IFRS S2 areas: governance, strategy, risk management, and metrics and targets.

✓Physical risk at each of your sites, by location and by what the site does: river and coastal flooding, heat, drought, water stress, wildfire, tropical cyclones, sea level rise and permafrost.

✓Transition risk, including what a carbon price could cost you under each climate scenario.

✓Your own emissions, entered directly or brought in from the ThemisIQ GHG module.

✓Every figure shown with its source, or labelled as a judgement.

✓A report you can edit and export as a PDF. Word export and access for your verifier will follow.

Leave your email and we will tell you when it is ready.

Questions people ask first

We do not have a risk register. Can we still use this?

Yes. There is nothing to import. You start from your industry, your operating regions and your asset profile, and the module produces the register. Most companies using it have never done a climate risk assessment before.

Does this cover opportunities as well as risks?

Yes, across the five TCFD categories: resource efficiency, energy source, products and services, markets, and resilience. They are scored for your industry and weighted by scenario, and they render separately from risks so the two are never confused.

Does this satisfy SB 261 on its own?

No, and the module says so in its own output. What it produces is a structured first pass built on IPCC AR6 climatic impact-drivers and the TCFD categories, to scope a formal assessment rather than to file. Advisors are available if you want the assessment taken further.

On 18 November 2025 the Ninth Circuit granted an injunction pending appeal barring enforcement of SB 261 (Chamber of Commerce v. Sanchez, No. 25-5327) and declined to extend it to SB 253. The 1 January 2026 deadline is not in effect. The court heard argument on 9 January 2026 and has not ruled. If SB 261 is upheld, CARB has not said when a new deadline would fall. CARB keeps a public docket for companies that choose to file in the meantime.

Can we pair it with the Materiality Assessment for CSRD?

CSRD needs both halves: the Materiality Assessment covers the impact half, how your organisation affects people and the environment, and the Climate Risk Screening covers the financial half, how the climate affects you.

Not sure whether climate risk reporting applies to you yet?

Free, takes about five minutes. Your Compliance Obligation Map lists the sustainability-related regulations your company is likely to face, country by country.

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