CSRD – Understanding Materiality
& Physical Climate Risk

The EU's Corporate Sustainability Reporting Directive (CSRD) is here, and companies have started preparing for the first round of reporting deadlines coming next year.

The CSRD is transforming the way companies report sustainability goals in the EU and beyond. These new regulations will expand to more than 50,000 companies by 2027 and the CSRD asks for diligent reporting on the major pillars of sustainability across Environment, Social and Governance (ESG).

The European Sustainability Reporting Standards (ESRS) provide detailed guidance on what companies need to disclose about their sustainability performance. Still, many companies struggle with a clear interpretation of the guidelines, as to how they relate to the double materiality assessment within CSRD guidelines. Especially when it comes to the assessment of physical risk, uncertainty is widespread in current sustainability teams. A recent study showed that “63% of organizations report uncertainty around CSRD physical risk reporting as a key challenge.” [Source: Verdantix & Jupiter Intelligence Market Study N=55]

In this informative and interactive webinar, we will help you understand the ESRS framework and reporting requirements for physical climate risk.

To determine what is material physical risk to your asset is a complex undertaking, and this can look differently between industries, assets and company practices. Jupiter provides a clear-cut approach to assessing the material risks to your portfolio, fully aligned with the requirements of the ESRS. Leveraging market leading physical risk data is paramount for passing audits and truly understanding business impact; as both underestimating or overestimating can have severe financial consequences in a changing climate.