How companies can comply with UK law by putting a value on supply sites vulnerable to climate change.

In line with Taskforce on Climate-related Financial Disclosures (TCFD) recommendations, since April 2022 over 1,300 of the largest public and private companies in the UK have been required by law to quantify and disclose climate-related financial risks and opportunities.

Predicting which sites and suppliers in supply chains could be impacted – and what the financial implications could be – is extremely important for insurers and supply chain-dependent clients alike. However, it is not an easy task.