GRI Disclosure 201-2

Financial implications and other risks and opportunities due to

Reporting Requirements for Disclosure 201-2

The reporting organization shall report the following information

Risks and opportunities posed by climate change that have the potential to generate substantive changes in operations, revenue, or expenditure, including: »

i. a description of the risk or opportunity and its classification as either physical, regulatory, or other; ii. a description of the impact associated with the risk or opportunity; iii. the financial implications of the risk or opportunity before action is taken; iv. the methods used to manage the risk or opportunity; v. the costs of actions taken to manage the risk or opportunity.

Please see the General requirements for reporting the management approach

When compiling the information specified in Disclosure 201-2, if the reporting organization does not have a system in place to calculate the financial implications or costs, or to make revenue projections, it shall:
  • report its plans and timeline to develop the necessary systems.
  • 1 Links with other taxonomies

    SDG target (13.3) - Improve education, awareness-raising and human and institutional capacity on climate change mitigation, adaptation, impact reduction and early warning »
    2 related metrics in other taxonomies

    How are these related ?   Disclosure of the methodology »
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