Risk and adaptation

Climate change is forcing companies to rethink risk management through the lens of double materiality. On the one hand, physical impacts—such as floods, droughts, or heatwaves—directly threaten assets, infrastructure, and value chains. On the other, transition risks—stemming from regulatory changes, evolving investor expectations, and market transformations—have a lasting influence on performance and competitiveness.
In this context, adaptation and resilience are not merely compliance exercises: they represent a strategic approach to anticipating vulnerabilities, strengthening business models, and identifying opportunities for differentiation. Building an integrated view of physical and transition risks means transforming uncertainty into drivers of operational security, credibility, and sustainable value creation.

We implement a rigorous approach to dual materiality (financial and impact), which has become a pillar of sustainable reporting. Thanks to our expertise in climate and environmental risk analysis (physical and transition), we help companies identify, prioritize and anticipate the most critical issues for their business.

Anticipate, transform, adapt

Environmental risks

Double materiality

Adaptation and resilience

Anticipate, transform, adapt: an integrated approach to environmental risks and opportunities:

In the face of climate change, biodiversity loss and resource scarcity, companies face systemic risks but also opportunities for transformation. Our support helps you structure a strategic and operational response to these challenges, by combining financial, physical, regulatory and social dimensions.

Anticipate, transform, adapt

Environmental
risks

Environmental risks, well beyond climate:

We carry out comprehensive analyses of your environmental risks according to the latest recommendations of the ISSB, the CSRD (ESRS) and the TNFD. This includes:

- Physical risks: floods, water stress, heat waves, fires, degradation of ecosystems, etc

- Transition risks: regulation, taxonomy, carbon taxation, market developments, reputation

- Opportunities: sustainable innovation, decarbonization, product adaptation, ecosystem regeneration, access to new finance

We use recognized tools (TCFD, BRF, Aqueduct, GLOBIO, IPCC) to map these impacts at the scale of your sites, your value chain or your portfolios.

Double matérialité, articuler impacts subis et impacts causés :

Our approach is based on the principle of double materiality, a central pillar of the CSRD Directive. It aims to assess both:
- Financial materiality: how the environment (climate, water, biodiversity) affects your business model, resilience and financial flows
- Impact materiality: how your activities contribute to the degradation or regeneration of ecosystems and resources

Nous vous accompagnons dans la construction d’une matrice de double matérialité robuste, documentée, participative et alignée sur les normes ESRS. Elle constitue la fondation de vos priorités stratégiques et de votre reporting extra-financier.

Double
materiality

Adaptation and
resilience

Adaptation strategies and resilience:

Adaptation is a key form of leverage for managing risk in the medium and long term. We help you:

- Identify your critical vulnerabilities (channels, sites, dependencies)

- Assess the resilience of your supply chains, materials and infrastructure

- Implement progressive adaptation plans: developments, diversification, relocation, product innovation

- Strengthening environmental governance: mapping responsibilities, integration into decision-making processes, avhat practices to integrate material resilience, integration of climate criteria into investment decisions, preparation for ESRS E1 adaptation reporting

Our interventions make it possible to structure a coherent vision between climate,
biodiversity, water and resources, in a resilient and regenerative business logic