SBM-3 – Material impacts, risks and opportunities and their interaction with strategy and business model

🗂️ ESRS E1 Climate Change, page 5

1. The undertaking shall explain for each material climate-related risk it has identified, whether the entity considers the risk to be a climate-related physical risk or climate-related transition risk.
2. The undertaking shall describe the resilience of its strategy and business model in relation to climate change. This description shall include:
3. the scope of the resilience analysis;
4. how and when the resilience analysis has been conducted, including the use of climate scenario analysis as referenced in the Disclosure Requirement related to ESRS 2 IRO-1 and the related application requirement paragraphs; and
5. the results of the resilience analysis including the results from the use of scenario analysis.