Climate and nature risk assessment
Comprehensive risk assessment improves your understanding of the future business environment and strengthens business resilience in a rapidly changing world. Rising extreme weather events, loss of biodiversity, tightening sustainability regulation, market shifts and geopolitical uncertainty together create a complex whole that calls for a new type of risk analysis.
Sweco’s strategic sustainability and resilience experts have developed a new method for cross-assessing climate and nature risks, combining the TCFD and TNFD frameworks (Taskforce on Climate-related Financial Disclosures and Taskforce on Nature-related Financial Disclosures). This analytical model can be integrated into companies’ strategy work and sustainability reporting.
The climate and nature risk assessment has been implemented as part of Sweco’s Annual Report 2025, and we are now making this expertise available to our clients.
Why should climate and nature risks be assessed together?
Climate change and biodiversity loss are not separate phenomena – they reinforce each other and have a significant impact on the operating environment. A combined risk assessment helps you identify:
- Risks and business opportunities that separate analyses do not reveal
- Impact chains across value chains and supply chains
- Business sensitivities in different future worlds
- New business opportunities created by changing conditions
For many organisations, this is also a way to strengthen resilience in a situation where uncertainty is increasing and the operating environment is changing faster than ever before.
Clarity for future scenarios
A cross-assessment of climate and nature risks clarifies strategic management and sharpens companies’ scenario analysis. It strengthens your understanding of how different future scenarios and global transformations together can reshape the business environment and affect your company’s opportunities and challenges.
The cross-assessment of climate and nature risks benefits companies of all sizes, regardless of whether they are subject to sustainability reporting obligations. Sweco’s analytical model also supports the requirements of the Corporate Sustainability Reporting Directive (CSRD).
The analysis method includes:
- Mapping of climate and nature-related risks
- Reflecting risks against future scenarios built from climate and nature perspectives
- Assessment of physical, systemic and transition risks
- Opportunity analysis – how your business can benefit in different futures
- Workshops that combine your organisation’s internal expertise with Sweco’s analytics
- Data- and location-based risk mapping (including proximity to sensitive nature sites)
As a result, your company gains a clear view of where risks arise, what is financially material, and how you should steer your business towards the future.
Where can the cross-assessment of different risks be used?
- Understanding vulnerabilities in the value chain and supply chain
- Risk management and strengthening business resilience
- Strategic choices and prioritisation of investments
- Developing new services and products
- Preparedness, adaptation and restoration services
- Sustainability reporting (CSRD, VSME)
- IFRS reporting and meeting the EU Taxonomy DNSH criteria
We do more than identify risks – we also help uncover business opportunities across different future scenarios.
Why Sweco?
Sweco combines strategic management consulting and sustainability expertise, climate and nature/biodiversity expertise, extensive design capabilities, and a deep understanding of global megatrends and changes in the business environment. We have first piloted and implemented this analysis for Sweco Group – developed out of a practical need to respond to future uncertainties.
You gain access to:
- Leading consultants in scenario analysis and risk assessment
- Climate and nature/biodiversity experts
- Evidence-based assessments and science-based reasoning
- Scenario work that supports decision-making
- A practical tool for updating scenarios and strategy
- Step-by-step support from our experts
Contact our experts!
Together, we will design a climate and nature-related risk scenario analysis tailored to your needs.
Johanna Tavia
Team Manager, Strategy, resilience, regulation and communications