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.
How an insurer informed its underwriting decisions by gathering accurate risk-quality evaluations and accumulations data
A life sciences insurer was required to undertake risk-quality evaluations and track accumulations across its book of business.
In this world of constant change, the consistent identification of a manufacturing location is no small task – even the regulators struggle to keep pace with acquisitions, divestments, company rebranding and consistency in the declaration of company addresses. SCAIR® retains the history of all relevant company activity, making available the complete historical performance of individual locations.