Climate Risk Assessment
California's new climate risk disclosure law, SB 261, requires companies to publicly report their climate-related financial risks—and align with the Task Force on Climate-related Financial Disclosures (TCFD) framework. The deadlines are real. The penalties are real. Companies that fail to act risk legal exposure, reputational damage, and erosion of stakeholder trust.
That's where we come in.
Our Climate Risk Assessment is a fast, focused program designed to help your company assess climate-related risks and opportunities, align with TCFD, and deliver a fully aligned climate risk report.
"Understanding your climate risk and developing a strategy is not only essential for complying with upcoming legislation, it's also a vital part of any company's resiliency."
Why you need this now
- Regulatory pressure is growing. California's SB 261 is just the beginning—several countries are leading with regulations already in place, and other states are following.
- Penalties for noncompliance are steep. Missing deadlines or reporting inaccurately can cost you more than fines—it can cost you trust.
- Stakeholders are watching. Investors, regulators, and customers expect transparency on how climate risks affect your business and how you are mitigating risk.
- Speed and credibility matter. You need to move quickly, but you can't cut corners. Your disclosure must stand up to scrutiny.
- Increased resiliency. Climate change disruptions are costly. In 2023 alone, the U.S. experienced 28 separate billion-dollar weather disasters.
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What our Climate Risk Assessment includes
We guide you through a structured process to deliver a clear and credible disclosure.
Phase 1
- Climate risk assessment
Identify, prioritize, and map material physical, transition, and financial climate risks and opportunities. - Climate scenario analysis
Use physical and transition risks to assess how opportunities could impact your operations, financial performance, and strategy.
Phase 2
- TCFD-aligned disclosure development
Draft clear, defensible narratives and data disclosures that align with TCFD recommendations and SB 261 requirements. - Stakeholder-ready climate risk report
Finalize a complete, board- and investor-ready TCFD-aligned report that meets regulatory expectations.
What you get
- Confidence that you've met SB 261 requirements
- An exercise that engages key stakeholders on your climate strategy
- A stronger position to engage investors, regulators, and other stakeholders
- A streamlined process you can replicate for future disclosures
- A full TCFD-aligned climate risk disclosure
Why thinkPARALLAX?
At thinkPARALLAX, we combine deep sustainability strategy expertise with sharp communications skills to help you navigate today's rapidly evolving climate risk landscape. We don't just check the boxes —we help you uncover your real risks and opportunities, craft disclosures that meet regulatory and stakeholder expectations, and position your company as a proactive, resilient leader.
