Deals & Investment

M&A Climate
Diligence

Climate risk is now a material transaction risk. ThemisIQ quantifies inherited emissions, transition risk exposure, and SB 253 liability for every deal — in days, not weeks.

Assess your M&A exposure →Talk to a specialist
M&A diligencePE / family officeIFRS S2TCFDSB 253LP ESGIC reportingPortfolio monitoring
$M+
liability
SB 253 compliance costs can be inherited in M&A transactions
IFRS S2
mandatory
climate risk disclosure now required in 30+ jurisdictions
72%
of LPs
now require ESG data from portfolio companies at investment
Days
not weeks
ThemisIQ climate diligence turnaround vs traditional advisors
SB 253 — M&A liability

Acquiring a California company?
You inherit their SB 253 obligations.

SB 253 applies at the group level based on global consolidated revenue. When you acquire a company with California nexus, you may inherit their Scope 1, 2, and 3 disclosure obligations — and their compliance gaps. ThemisIQ quantifies this exposure before you sign.

✓Inherited SB 253 liability assessment
✓Scope 1 + 2 gap analysis for target company
✓Scope 3 exposure quantification
✓CARB compliance timeline and cost estimate
✓Post-acquisition integration roadmap
Climate diligence frameworks
SB 253 liability
Inherited California GHG obligations
IFRS S2 / TCFD
Physical + transition risk quantification
LP ESG requirements
Portfolio climate data for institutional LPs
ESRS E1
EU target climate disclosure obligations
SBTi compatibility
Target alignment with science-based pathways
Stranded asset risk
Carbon-intensive asset transition exposure
Use cases

Built for every deal structure.

Private Equity
Portfolio company climate baseline, LP ESG reporting, SBTi target setting, value creation through ESG improvement, and exit readiness preparation.
Family Office
Direct investment climate risk screening, IFRS S2 physical risk assessment across portfolio, and legacy asset transition planning.
Corporate M&A
Target company GHG inventory assessment, SB 253 inherited liability quantification, TCFD risk evaluation, and post-merger ESG integration planning.
Investment Banking
Climate diligence for leveraged finance approvals, ESG data for deal marketing materials, and IFRS S2 risk disclosure for listing documents.
Venture Capital
Portfolio-level Scope 1 + 2 carbon footprint reporting for LPs, climate risk screening for new investments, and ESG readiness for Series B+ rounds.
IC Reporting
Investment committee climate risk memo generation, scenario analysis outputs (1.5°C / 2°C / 3°C), and portfolio benchmark comparison.
LP ESG requirements

ESG is now a condition of capital.

Institutional LPs — pension funds, endowments, and sovereign wealth funds — are requiring documented ESG diligence and portfolio monitoring as a condition of capital deployment. This is not a nice-to-have. It is a gate.

✓Portfolio-level Scope 1 + 2 carbon footprint reporting
✓Annual LP ESG questionnaire response support
✓ILPA ESG reporting template completion
✓Climate risk assessment for new investments
✓Science-based target progress tracking
✓ESG data room for fund due diligence
72%
of institutional LPs now require ESG data at investment
58%
of PE firms report losing LP commitments due to ESG gaps
89%
of sovereign wealth funds have formal climate investment policies

Climate risk is transaction risk.
Quantify it before you sign.

ThemisIQ M&A climate diligence can be completed in days. Start with our free assessment to understand your exposure, or talk to our M&A advisory team directly.

Assess your M&A exposure →Talk to a specialist