Climate.

MAP
Future-proofing through superior analytics
over climate risk and understanding of your
disclosure quality

A joint product of the Center for Data & Insights, ESG

MAP, CFO& EV, and CN Sustainability

August 2022
 Every CEO and CFO needs to have climate on their radar

What companies need Immediate Focus Areas Future roadmap

1. Meet the SEC climate 1. Embed and operationalize ESG
disclosure requirements strategy, build climate
(potentially in effect in Oct. capabilities
2022)
2. Execute on talent and
2. Build climate resiliency by organizational structure and
looking at financial risks and oversight to deliver on ESG
opportunities linked to commitments, including climate
climate
3. Build ESG data and technology
3. Deliver business value solutions to help scale and
associated with climate accelerate sustainability journey
performance

Accenture differentiator: We provide forward-looking strategic interventions and help clients execute plans to build
climate resilience and deliver on investor and regulator expectations.

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A rapidly changing regulatory landscape for climate
disclosure
SEC Climate Rule
Firms must make the following climate-related
financial disclosures* in company SEC filings:
• Governance and processes for identifying,
assessing and managing climate related risks
• Description of actual and potential impacts of
climate risks
• GHG emissions metrics
• Expenditure and Financial Impact
TCFD Framework
The TCFD Framework is emerging as the clear
standard-setter leading other reporting
frameworks to align. Provides guidance on how
to assess and disclose risk and opportunities, to
drive meaningful actions.
TCFD framework four pillar guiding principles
• Governance
• Risk Management
• Strategy
• Metrics and Targets
Global convergence towards
the TCFD framework
International Sustainability Standards Board
(ISSB) bringing together multiple frameworks to
develop common sustainable standards and
climate related disclosure guidance
TCFD and SEC Alignment
While rooted in the TCFD framework, the
proposed SEC rule builds upon this framework for
climate disclosures and offers up new
requirements.
• Core TCFD Alignment of the Proposed Rule:
Governance, Risk Management, Strategy
• New Requirements of Proposed Rule:
Targets and Goals, Impacts and Outlook
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Taskforce for Climate-related Financial Disclosures (TCFD)
overview
TCFD is a reporting framework set into place by Financial Stability Board (FSB) which helps companies provide
ESG disclosures. It is centered on 4 key pillars:

Governance Strategy
Governance
The organization’s governance
around climate-related risks and The actual and potential impacts of
opportunities Strategy climate-related risks and
opportunities on the organization’s
businesses, strategy, and financial
planning
Risk
Risk Management
Management

The processes used by the

organization to identify, assess, Metrics and Targets
and manage climate-related risks Metrics
and Targets
The metrics and targets used to
assess and manage relevant climate-
related risks and opportunities

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Our approach to building a leading climate
program
Framework for a leading Climate Program with SEC Climate Rule Readiness

6. DATA &
TECHNOLOGY
Implement processes
and tools to ensure
1. CLIMATE 3. BUILD quality data, drive
DISCLOSURE GAP analytics and
DISCLOSURE dashboarding.
ASSESSMENT CONTENT
Understand the current Map out and draft
landscape and priorities existing content and 7. DRIVE
for disclosure and data for TCFD report. PERFORMANCE
identify opportunities to
improve data and Facilitate progress,
disclosures. reshape and retool to
operationalize and
drive performance.

2. CLIMATE MODELING & 4. ROADMAP FOR 5. STRATEGY BUY IN &

BUSINESS IMPACT EMBEDDING CLIMATE
Perform scenario analysis of Recommendations by
physical and transition risks to business function to further
understand business impact in line embed climate capabilities
with climate pathways. and effectively implement
their climate strategy.
IMPLEMENTATION
Define and execute
initiatives/targets to align
internal strategy with
climate commitments

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 Accenture’s asset, Climate.MAP, generates climate-related
insights to improve disclosures, risk decisions and resiliency
I. CLIMATE MATURITY II. TCFD DIAGNOSTIC III. RISK REGISTRY IV. SCENARIO ANALYSIS

See current climate
targets and
performance and
benchmark against
peers
Evaluate current TCFD
reporting completeness,
quality and maturity
Recommended Risk simulator quantifies
industry-specific risks, financial impacts of
identifies potential different climate futures to
transitional risks to the optimize business decisions
business

Quickly and easily Provides specific reporting Focuses risks evaluation Real-time testing of climate
IMPACT

assess whether gaps and opportunities for and scenario modeling on futures and business actions
client is climate improving climate reporting those that are most material on P&L can facilitate business
leader or laggard and performance to the industry decision making

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We bring to our clients market-tested assets and partnership
with leading sustainability organizations
Combined Physical Risk Mapping Carbon Price Pathways Detailed Physical Risk Scoring

Accenture partners with two of the leading

scenario modeling providers. We can help
your account select a vendor once
requirements are established around
preferences and desired granularity and
output content.

The Climate Service

Now Part of S&P Global,
Exposure by Asset or Geography Exposure Risk Through Time Climate Scenarios (High to Low)
preferred for high-level
view of physical &
transition risks

Cervest
Preferred for deeper
climate analysis with
more granular &
customized outputs
Illustrative screenshots from providers’ platforms

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For more information

contact Vrushali Gaud Kenneth Wee Sundeep Singh

ESG MAP NA lead CD&I Sustainability Lead CN Sustainability Practice Lead
Vrushali.gaud@accenture.com kenneth.wee@accenture.com Sundeep.singh@accenture.com

Prithika Priyanshi Natasha Hausmann Achal Singhal Divyank Sinha

CD&I Product Lead ESG MAP Product Lead Sustainability SME Product Owner
Prithika.priyanshi@accenture.com Natasha.hausmann@accenture.com Achal.singhal@accenture.com Divyank.sinha@accenture.com

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