Governance
Disclose the organization’s governance around climate-related risks and opportunities.
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Describe the board’s oversight of climate-related risks and opportunities. |
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Describe management’s role in assessing and managing climate-related risks and opportunities. |
Strategy
Disclose the actual and potential impacts of climate-related risks and opportunities on the organization’s businesses, strategy, and financial planning where such information is material.
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| Describe the climate-related risks and opportunities the organization has identified over the short, medium, and long term. | As part of our approach to meeting our science-based targets, we are identifying short, medium and long-term risks and opportunities. | |
| Describe the impact of climate-related risks and opportunities on the organization’s businesses, strategy, and financial planning. | ||
| Describe the resilience of the organization’s strategy, taking into consideration different climate-related scenarios, including a 2°C or lower scenario. | Climate change | ERM plans to conduct internal scenario analysis exercises to test the resilience of our business model as part of our efforts to meet our science-based targets. |
Risk management
Disclose how the organization identifies, assesses and manages climate-related risks.
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Describe the organization’s processes for identifying and assessing climate-related risks. |
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| Describe the organization’s processes for managing climate-related risks. | ||
| Describe how processes for identifying, assessing and managing climate-related risks are integrated into the organization’s overall risk management. | Climate change |
ERM has conducted a physical risk assessment of all our office locations and modeled where weather-related events may impact operations. This is now factored into the planning of office emergency management plans around the world. We consider the impact of climate change on our clients’ businesses and respond accordingly, for example, by modifying our service offerings and the blend of sectors in our portfolio. |
Metrics & targets
Disclose the metrics and targets used to assess and manage relevant climate-related risks and opportunities where such information is material.
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Disclose the metrics used by the organization to assess climate-related risks and opportunities in line with its strategy and risk management process. |
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Disclose Scope 1, Scope 2 and, if appropriate, Scope 3 greenhouse gas emissions and the related risks. |
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| Describe the targets used by the organization to manage climate-related risks and opportunities and performance against targets. |