The resource’s launch highlights the important role professional accountants have to play in this context.

Accounting for Climate Resilience is the last in a series of four interactive ‘Accounting for’ briefs focused on sustainability and business.

The report states: ‘At its most basic, the climate impact scenario analysis process represents an organisational stress test. It sets the stage for conversations with an organisation’s internal and external stakeholders.

‘Together, a diverse range of people challenge and question an organisation’s longer-term resilience. Ultimately, the scenario implications and consequences can inform future decision-making and lead to the creation of new strategies, plans, and business models adapted to fit potential climate impacts.’

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