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Climate Risk Advisory Australia: Empowering Your Climate Action

The impacts of climate change pose real risks to businesses around the world. To understand your organisation’s risk while also exploring opportunities the transition to a low-carbon economy provides, reporting in line with climate risk frameworks and standards is increasingly becoming an expected (and mandated) part of doing good business.

 

Our trusted team of experts deliver tailored climate risk advisory services. We partner with you to understand your organisation’s main climate risks and opportunities, better understand potential business impacts and pinpoint effective management strategies and roadmaps for thriving in a decarbonised economy.

WHAT WE DO

Climate Risk Advisory Services

Our trusted team of experts deliver tailored climate risk advisory services including: 

  • Advice and technical guidance on sustainability and climate-related reporting requirements such as reporting to the ISSB IFRS Sustainability and Climate-related Disclosure Standards.

  • Gap analysis of your current business practices, policies and procedures against voluntary and mandatory climate disclosure standards, including an implementation action plan to align with the relevant framework(s).
     
  • Identifying, assessing and prioritising physical and transition climate-related risks and opportunities across your business and value chain.

  • Conducting scenario analysis (qualitative and quantitative) to understand the financial impacts of climate change on your business, financial position and financial performance, and the resilience of your business strategy.
     
  • Supporting your internal financial stress testing processes with climate-related considerations and inputs.

  • Developing climate mitigation and adaptation strategies to embed within your business.

  • Establishing tailored metrics and targets to monitor and manage your identified climate risks.

  • Exploring potential opportunities to capitalise on opportunities for innovation and efficiencies.

  • Synthesising information holistically to allow you to make informed choices for your strategic planning and investments.

  • Supporting your annual disclosures under the relevant frameworks e.g., TCFD, ISSB. 

As a natural extension to climate and sustainability risks, we also offer advisory on nature-related risks and opportunities in line with the Taskforce on Nature-related Financial Disclosures (TNFD). The TNFD considers broader issues related to biodiversity loss, ecosystem degradation, and other nature-related factors that can impact financial stability and business operations.

For financial institutions, we provide support and guidance for risks and opportunities relating to investment strategies, including calculating and transparently reporting financed emissions associated with investment portfolios in line with the Partnership for Carbon Accounting Financials (PCAF) Standard.

We also assist in reporting to broader climate and sustainability-related frameworks such as ESG reporting in line with the Global Reporting Initiative (GRI), supporting organisations to obtain certification under frameworks such as B Corporation and the Australian Government’s Climate Active Carbon Neutral Standard, and developing targets under commitment frameworks such as the Science Based Targets initiative.

CARBON ACCOUNTING FOR INVESTMENTS | PCAF
ESG FRAMEWORKS
CLIMATE RISK REPORTING AND DISCLOSURES

Why Choose Ndevr Environmental?

As a certified B Corporation® and carbon-neutral company, Ndevr Environmental is a leading provider of climate risk consulting services in Australia. Our commitment to sustainability extends beyond our services, reflecting our ethos of using business as a force for good. Our team brings together extensive and specialist expertise in sustainability and climate analysis and reporting.

This is complemented by a holistic view of an organisation’s commercial operating environment, enabling us to understand how to drive tangible transformation. We’ve assisted countless organisations in understanding and aligning with global climate risk standards and frameworks, and have forged strong partnerships to support them throughout their increasingly ambitious climate action journeys.

Our experts can help you measure and map your risk, understand your hotspots to develop climate mitigation and adaptation strategies and establish metrics and targets for reporting. We’ll also look for opportunities for innovation and efficiencies, plus help you tailor and fine-tune your disclosures to avoid greenwashing.

CASE STUDY

Arena REIT

Arena REIT’s ambition and initiatives demonstrate its leadership in the transition to a sustainable future
and the positive impact that financial institutions can make.

READ MORE
Get In Touch

Our Climate Risk Advisory Team

Our highly-skilled and dedicated team of climate risk advisory experts, help clients understand, develop and implement effective climate risk identification strategies and reporting. 

Drawing from diverse backgrounds in engineering, law, science, and finance, our experts provide a unique blend of policy, strategy, assurance, and technical consulting services tailored to your organisation’s needs.

Heading up the team are Director Hannah Meade and Senior Consultant Roohi Ghelani, supported by the wider team, all experts and highly in the rapidly changing climate risk and reporting space.

Climate Risk | FAQ

In 2023 the International Sustainability Standards Board (ISSB) released its inaugural standards – IFRS S1 and IFRS S2. The Standards will create a common language for disclosing the effect of climate-related risks and opportunities on a company’s prospects and help to improve trust and confidence in company disclosures about sustainability to inform investment decisions. Both fully incorporate the recommendations of the FSB Task Force on Climate-related Financial Disclosures (TCFD).
  • IFRS S1 provides a set of disclosure requirements designed to enable companies to communicate to investors about the sustainability-related risks and opportunities they face over the short, medium and long term.
  • IFRS S2 sets out specific climate-related disclosures and is designed to be used with IFRS S1.
The Australian government announced it will develop detailed disclosure standards in conjunction with the Australian Accounting Standards Board (AASB) aligned as far as practicable with the ISSB standards. Mandatory reporting for Australian businesses will be implemented from 2024 with organisations meeting lowering thresholds due for reporting in subsequent years.  For detailed information see the Climate-related financial disclosure, Consultation paper. Reporting Financed Emissions Reporting on financed emissions to the Partnership for Carbon Accounting Financials (PCAF) Standard involves disclosing the greenhouse gas emissions associated with the activities and investments funded by a financial institution. This reporting framework enables financial institutions to measure and report the carbon footprint of their portfolios, including loans and investments and aims to promote transparency, accountability, and the integration of climate considerations into financial decision-making. This information helps stakeholders assess the environmental impact and risk of the institution’s financing activities and supports the transition to a low-carbon economy. Join us on our mission towards a sustainable future and explore Ndevr Environmental’s climate risk advisory services in Australia. Our expert team is ready to support and guide your organisation’s transition to a low-carbon, equitable, resilient and profitable future. Contact us today to discuss your needs and let’s embark on this critical journey together.

Contact Us

Contact us today to help guide you on your nature-based solutions project. Fill out the contact form below or call the team on 03 7035 1740, we’re here to help.

    Carbon Accounting for Investments - PCAF

    Financial institutions have an important role to play in the global transition to a low carbon economy. Australian financial institutions are increasingly mobilising to better understand not only emissions under direct control of the business, but also emissions associated with the investments and portfolio of assets under finance, or ‘financed emissions’. The flow-on impact on downstream asset owners and operators as financial institutions mature in their understanding of its financed emissions can be significant. The Partnership for Carbon Accounting Financials (PCAF) released the Global Greenhouse Gas (GHG) Accounting and Reporting Standard for the Financial Industry – the first and only of its kind providing robust accounting tools for financed emissions, backed by the GHG Protocol. We help financial institutions take a leading role towards responsible investment, to identify, calculate and transparently report on emissions associated with financed investments, based on the PCAF framework and industry best practice.

    ESG Frameworks

    Financial institutions are increasingly recognising their responsibilities as ethical and social investors, and ensuring Environmental, Social and Corporate governance (ESG) values are reflected in investment decisions. Globally, socially responsible investment that considers ESG factors in portfolio selection and management now stands at over US$30 trillion. Our team are uniquely positioned with deep expertise that spans environmental and social governance. We are able to support financial institutions to create ESG insights reports on downstream financed assets, develop roadmaps to identify and manage ESG risk, support and guide reporting against key ESG risk areas and reduce the emissions intensity of the portfolio, while supporting financial investment objectives.

    Climate Active Certification for the Finance Industry

    The leading carbon neutral certification program in Australia is the Australian Government’s Climate Active Carbon Neutral Program, which requires entities to calculate, reduce, offset, audit and report on emissions based on international standards tailored to Australia.

    We have one of the largest teams of qualified Climate Active Consultants in Australia, who undertake technical assessments, and conduct third party validation for carbon neutral certification against Climate Active. Our team is adept at navigating the Climate Active process for the finance industry, having worked with some of the most well-known Australian financial institutions and investors to successfully achieve certified carbon neutrality.

    Climate Risk Reporting and Disclosures

    Climate change poses real risks to businesses around the world. To understand your organisation’s risk while also exploring opportunities the transition to a low-carbon economy provides, reporting in line with climate risk frameworks is increasingly becoming a standard part of doing good business. With the recent announcement of mandatory climate risk reporting in many jurisdictions around the world due to commence in 2024, now is the ideal time for organisations to be assessing the risks and opportunities relevant and material to them and integrate these into their business planning.

    We support businesses across all stages of their sustainability and climate disclosure reporting including in line with the  Task Force on Climate-related Financial Disclosures (TCFD) and the evolving Task Force on Nature-related Financial Disclosures (TNFD), the International Sustainability Standards Board (ISSB)’s sustainability and climate-related disclosures, IFRS S1 and S2 respectively, and other ESG reporting frameworks such as the Global Reporting Initiative. Our experts can help you measure and map your risk, understand your hotspots to develop climate mitigation and adaptation strategies and establish metrics and targets for reporting. We’ll also look for opportunities for innovation and efficiencies, plus help you tailor and fine-tune your disclosures to avoid greenwashing.

    MAKE AN ENQUIRY

    Please complete the form below and we’ll be in contact with you shortly.

      ATIYAH

      CARBON NEUTRAL PRODUCT

      ​AWESOME STREETFOOD, ZERO CARBON – that’s Atiyah. With its launch in 2020, Atiyah became Australia’s first 100% renewable-run street food zero-carbon kitchen certified under Climate Active. Atiyah sets operational carbon efficiency benchmarks and raises awareness about the global warming impact of food choices. They even disclosed the footprint of every item on their menu to empower their customers’ low-carbon lifestyle. We assist ATIYAH with their carbon neutrality certification.

      ORIGIN

      CARBON NEUTRAL ORGANISATION & PRODUCT

      Responsible business is at the heart of what Intrepid does. Intrepid has been a pioneer in measuring and reporting carbon emissions since 2010. When it joined the Climate Active family in 2018, it became the largest global provider of carbon neutral certified travel adventures and the first company to voluntarily include all global operations in its certification.

      NEXTDC

      CARBON NEUTRAL ORGANISATION & PRODUCT NEXTDC are one of Australia‘s most trusted providers of data centre solutions. Since 2018 we’ve been assisting them with their Greenhouse Gas (GHG) accounting and in March 2021, the company broke ground with the launch of NEXTneutral, an innovative Climate Active-compliant colocation opt-in program for their customers. Learn more.

      GOODMAN

      COMMERCIAL & INDUSTRIAL PROPERTY
      Goodman Group is an ASX20 global property expert in logistics and business space. It owns, develops and manages industrial property in 17 countries. We provide strategic advisory on Goodman’s operational GHG inventory and trajectory, the GHG intensity of its investment portfolio, net zero pathway and carbon neutral certification, as well as the renewable energy delivery strategy.

      ISPT

      PROPERTY FUND MANAGEMENT
      ISPT is one of Australia’s largest unlisted property fund managers, with over $11.9 billion of funds under management. We assist ISPT with its net zero pathway, land-based offset strategy as well as maintaining its carbon neutral certification. When ISPT joined the Climate Active network, it pioneered many concepts. It became the first participant under Climate Active to voluntarily include base building operations on all its owned and operated properties into its organisational certification and, as an industry first, procured 100% Australian Carbon Credit Offset Units (ACCUs).

      BHP

      METALS & MINING
      BHP is an ASX listed, world-leading resources company and are among the world’s top producers of major commodities, including iron ore, metallurgical coal and copper. They also have substantial interests in oil, gas and energy coal. We assist BHP comply with energy and greenhouse gas legislation and advise facilities on matters related to energy use and production emissions.

      Intrepid

      TRAVEL
      Intrepid Travel is the largest small group adventure travel company in the world. Responsible business is at the heart of what Intrepid does. We assist Intrepid with their Human Rights reporting obligations as well as many aspects of its GHG accounting and reporting. This includes its Science-based target (SBT), making them the first tour operator with approved SBT. When Intrepid joined the Climate Active family in 2018, it became the largest global provider of carbon neutral certified travel adventures and the first company to voluntarily include all global operations in its certification.

      LION

      BEVERAGES
      Lion is a global beverage company with a portfolio of brands in beer, cider, wine, spirits, seltzers, and non-alcoholic drinks. Lion has four large and four small Australian breweries, and its brands include XXXX, GOLD, Tooheys New, and Little Creatures. We assisted Lion to become Australia’s first large-scale brewer to be certified as carbon neutral under Climate Active in 2020.

      QANTAS Airline

      AIRLINE
      Founded in the Queensland outback in 1920, Qantas has grown to be Australia’s largest domestic and international airline. We have worked with Qantas since 2016 on a variety of emissions reduction projects.

      ORICA

      METALS & MINING
      Orica is the world’s largest provider of commercial explosives and innovative blasting systems to the mining, quarrying, oil and gas and construction markets, a leading supplier of sodium cyanide for gold extraction, and a specialist provider of ground support services in mining and tunnelling. We assist Orica with their regulatory reporting such as NGERs and also carbon abatement projects.

      Fulton Hogan

      CONSTRUCTION
      Fulton Hogan has more than 80 years experience in the transport, water, energy, mining, civil construction and land development infrastructure in New Zealand, Australia and the South Pacific.
      We assist Fulton Hogan comply with NGER and NPI legislation for their extensive national operations. We work Fulton’s team to streamline reporting procedures to avoid duplicating data handling and transparently demonstrate data flows and aggregations.

      TOYOTA AUSTRALIA

      AUTOMOTIVE
      Toyota Australia was founded in 1963 and is one of Australia’s leading automotive companies. We have worked with Toyota since 2018 on many aspects of its GHG accounting, target setting, reduction initiatives, and reporting. We continue to inform strategic decisions around the contribution of the Australian business to the realisation of Toyota’s global Environmental Challenge 2050.

      H&H Group / Swisse Wellness

      CONSUMER GOODS
      H&H Group is a global health and nutrition company listed on the Hong Kong Stock Exchange. Consumer brands include Biostime, Solid Gold Pet, Dodie, Good Goût, Aurelia Probiotic Skincare, CBII, and Swisse Wellness, a vitamin, supplement, and skincare brand, born in Australia in 1969. We have been working with Swisse and the group on many aspects of its GHG accounting and reporting, including the ongoing management of its Climate Active certification.

      AGL ENERGY

      ENERGY
      AGL is one of Australia’s leading energy companies offering electricity, gas, solar and renewable energy services, plus internet and mobile plans. We have assisted AGL for over five years on a variety of activities including audit and assurance projects.

      VIVA ENERGY

      ENERGY
      Viva Energy is a leading energy company which supplies about a quarter of Australia’s fuel requirements. Viva Energy make, import, blend and deliver fuels, lubricants, solvents and bitumen through extensive national and international supply chains. We assist Viva Energy with a range of energy and greenhouse gas related projects. These include annual NGER reporting, Safeguard baseline setting, advice on Emission Reduction Fund opportunities and emission trajectories.