Situation

You've conducted a preliminary climate risk assessment which should serve as the basis for responding to SB261 and for improving your company's ability to manage climate risk.

And

Now you want to make sure that work is complete, correct, and of sufficient quality to count as a "good faith effort" to analyze climate risk.

Challenge

But

The problem is that you can't effectively protect your organization or motivate them to protect themselves unless those risks are integrated into your business strategy in a simple, clear way that your organization understands and feels immediately connected to.

Response

Therefore

The real value in the exercise comes from having a strong and clear transition strategy that answers the following questions:

  • What is our role in a world affected by climate change?
  • What are we willing to do to speed up the energy transition and to promote social resilience?
  • What are the worst risks we face and how can we improve our odds?

What constitutes a "good faith effort" to analyze climate risk?

Transition Strategy is the second pillar of TCFD and it is what brings practical sense to risk analsysis. It is also often the least developed aspect of climate risk work.

Very few vendors offer a credible approach to these issues, and none can rival our combination of experience, quality, and individual focus on your specific needs.

SELECTED PAST EXPERIENCE

We offer access to one the the foremost climate risk experts in the world, in a format designed to create value for your business, at an excellent price.

Ferrer

HP

EYSA

Provital

United Technologies

Furgo Trayler

Ferrer • HP • EYSA • Provital • United Technologies • Furgo Trayler •

Context

Your Climate Risk - Interactive Assessment

Transition Risk

Examples:
Response:

Legal & Reputational Risk

Examples:
Response:

Physical Risk

Examples:
Response:

Systemic Risk

Examples:
Response:

Risk Examples

Response Approaches

Drag each risk and its response to the corresponding category to validate your understanding.

TCFD is a generic standard that can produce the unintended effect of encouraging companies to focus predominantly on physical and legal risks that feel distant or hard to take ownership of. In fact, climate risk analysis should feel immediate, practical, and connected to your daily business objectives. We have attempted to illustrate this in the exercise below

Calendar Plan

Since we don’t yet know the quality of your preliminary work, we are proposing a modular service offering designed to help you be successful in a variety of circumstances. During the program we will identify and recommend the most appropriate and effective pathway, although of course the choice will be yours.  You can choose options on a modular basis without any financial commitment to other options.

Value Proposition

We offer an unmatchable combination of expertise and quality, with an excellent price and a risk free guarantee.

Complete the activity to explore how the elements of our value proposition correspond to your needs.

Value Proposition Game

Phase 1: What's most important to You? Drag and drop to rank your priorities.

Keith Nelson

Consulting Lead

15 years of experience managing large teams to execute high value contracts in complex international environments. Long term work experience on five continents, in diverse industries.  Specialized in strategies for improving social and environmental impact. His clients have included USAID, Coca Cola, Radisson Hotel, MSD Merck, Cigna, Siemens Gamesa, and Allianz among many others.

MA in International Environmental Politics, Executive MBA from ESADE

Our Team

Dr. Mark Trexler

Technical Lead

Intergovernmental Panel on Climate Change Lead author, 35 years experience advising 150+ international clients on climate risk. Founded the first corporate climate risk consulting firm in the U.S., and co-authored for the London School of Economics the first textbook on climate risk. Implemented the first ever carbon offsetting projects and pioneered the concept of climate neutrality, helping the first ever companies to go net zero in 1996.

PhD in International Environmental Policy from UC Berkely

Dr. Fernando Antonanzas

LCA and GHG Data Expert

Internationally recognized expert on Life Cycle analysis and Greenhouse Gas Measurement. Completed 500 GHG projects  for large corporations such as Bridgestone, Alcoa, ICICI, MasterCard and for a variety of SMEs and startups covering a wide range of products and industry. Author of multiple academic publications.

PhD from Universidad de La Rioja in Sustainability & Energy Studies

TIRED OF WORKING HARD ON SUSTAINABILITY REPORTS THAT FEEL LIKE A LAUNDRY LIST OF SUPERFICIAL ACTIONS THAT ARE FAR REMOVED FROM WHAT YOUR COMPANY IS WILLING AND ABLE TO DO?

WE'LL BUILD A CLIMATE RISK ANALYSIS YOUR EXECUTIVE TEAM FINDS CLEAR, REALISTIC AND VALUABLE, OR YOUR MONEY BACK

Most companies are not effectively integrating climate risks into their business decision making. Instead, they are:

  • Paying for compliance without producing any value

  • Working hard without developing any sense of real leadership

  • Failing to take meaningful action that benefits their company and the environment

Don’t let it happen to you

Transition Strategy

Regardless of TCFD’s vague and light requirements in this area, a real transition strategy answer the questions:

  • What is our role in a world affected by climate change?

  • What are the worst risks we face and how can we improve our odds?

  • What are we willing to do to speed up the energy transition and improve social resilience?

By developing a robust transition strategy, not only will you comply, you’ll also realize that your company wants to take action, is already taking action, and sees significant value in the work you are doing to align climate strategy with business strategy

Our Approach

Your Approach to Climate Risk

Your Approach to Climate Risk

Guideline Number 1

Your approach to risk needs a paradigm shift.

Guideline Number 2

Producing a numerical result is part of the risk management process, but it is not the goal of the process.

Guideline Number 3

Each project phase must advance your understanding of climate risk and make your decision-making process simpler and clearer.

PREDICTING THE FUTURE IS IMPOSSIBLE
MAKING GOOD DECISIONS IN THE FACE OF UNCERTAINTY IS NOT

X Avoid producing a purely numerical report that is disconneced from the reality of your business. We know how to ensure that risk analysis is a step forward that supports your business strategy.

X Avoid mere compliance exercises that give the appearance that the ESG team is a source of costs rather than a source of value. We focus specifically on demonstrating that the ESG team is a driver of value for the business.

X Avoid trying to predict the future. Start using a set of powerful rules that simplify and clarify decision making so that you can improve your probabilities of growing the business and avoiding costs.

Review the guidelines shown on the right and click on each one to explore them in detail.

Methodology

In each step of the process we focus on ensuring that risk analysis supports the broader business strategy and on demonstrating that the ESG team is a driver of value of value for the business.

Climate Risk Assessment - Pricing Calculator

Select Your Service Components

$6,000
Gap analysis, recommendations for how to improve submission
$12,000
Comprehensive transition strategy development aligned with your business goals
$12,000
New Day writes a new report, using your existing data and analysis
Note: Cannot be selected with Block D
$21,000
New Day conducts new additional risk research and analysis, then writes the report
Note: Cannot be selected with Block C
Total Investment
$0
Selected Components:
None selected

Summary of key points:

  • We offer unparalleled access to the leading Climate Risk Expert, Dr. Mark Trexler and the decision support tools he has developed over more than 35 years of business consulting.

  • We know how to create value from risk management exercises. When you work with us, the Sustainability Team is more likely to help the company acquire new clients and grow.

  • We will help you complete your risk assessment using a robust and sophisticated approach, developed from our work with the world's largest companies.

Price: The total project price is €14,700 (plus VAT), billed in three equal monthly installments of €4,900 (plus VAT). This offer is valid for 30 days. Billing: Invoices will be sent on the first business day of each project month, with payment due within 30 days. Terms: You have the right to cancel at any time with 30 days' notice and no additional obligation. New Day reserves the right to cancel the project at any time with 30 days' notice in case of misuse of the project content or results, such as greenwashing tactics or actions that delay climate action.

Price and Conditions