Navigating climate scenario analysis: A guide for institutional investors

A key recommendation of the TCFD is for organisations to conduct scenario analyses to understand the risks and opportunities of possible climate futures, but many companies struggle with developing such scenarios. This 'how-to' guide from the Institutional Investors Group on Climate Change (IIGCC) builds on existing reports and research and can help you to create credible climate change-related scenarios. It introduces a five-step framework for understanding and using scenario analysis, and includes instructions for identifying scenario analysis objectives; understanding and selecting scenarios based on available criteria; applying scenario analysis to investments; and taking appropriate action upon review.