KPMG Climate IQ

Risks and opportunities arising from climate change

The risks and opportunities arising from climate change extend across all activities and sectors with financial, physical and regulatory impacts to business.

KPMG Climate IQ technology will assess operations and supply chains to help quantify your organisation's climate impact for more thorough, future proof climate reporting.

Climate risk analysis and reporting

The business world has been talking about climate change and decarbonisation for some time, but measurement has been mostly qualitative. Managing climate risk and balance sheet impacts to drive future value must be quantified.

This includes analysing and reporting on the following:

Climate financial risks

Forecasting profit and loss performance under different climate scenarios allows for actionable insights. It guides resilience strategies and helps businesses identify efficiencies and opportunities for growth, to inform their capital expenditure and resource planning.

Global climate scenarios

Businesses must consider different scenarios for the impact of global warming using a range of temperatures and how these will impact their operations and supply chains.

Stakeholder demands

Transparent and robust disclosures such as annual and sustainability reports, will not only satisfy investors, and regulators but also staff, clients, and the general public.

What are the benefits?

Our comprehensive climate risk assessment solution offers:

Best in class climate risk modelling

with dynamic visual mapping and physical damage projections to identify, quantify and manage climate risk.
Nobel Prize-winning economic analysis

that captures systematic impacts.
Reporting metrics in line with TCFD guidelines

and industry expectations (ISSB). KPMG Climate IQ offers a comprehensive assessment of your climate-related issues.
A choice of future pathways

helping you understand how prepared your business is under a range of potential outcomes including 1.5-, 2- and 4-degree scenarios.
Global output quantification

showing the impact of systemic economic impacts across global operations and supply chains, covering 141 regions and 65 sectors.
Continual analysis

using existing data and modelling capabilities, saving time, cost and effort.
Cloud-based technology

allowing large dataset processing, simulations of multiple scenarios and sensitivity analyses of financial projections.
Climate hazard exposure assessment

of the physical risks of climate change on your business, as well as the economic impacts of transitioning to a low-carbon state.

Frequently asked questions

No. TCFD reporting is not mandatory in Australia. However, it is seen by the Australian Government as a sound framework for existing climate risk disclosure requirements*, enabling companies to remain aligned to market expectations.

The proposed rules are intended to provide more consistent, comparable and reliable information so investors can better evaluate the impact of climate-related matters on a registrant.

SEC mandates climate reporting and assurance ❯

The International Sustainability Standards Board (ISSB) has prepared a set of disclosure standards which builds on the existing TCFD requirements and aim to provide a global baseline of disclosure requirements. The ISSB standards are effective from 1 January 2024 and the Australian Government is currently considering what this means for implementation requirements in Australia.

Prepare for global and Australian sustainability standards ❯