Climate risk, resilience and financial effects

The strategy chain the standard actually asks for — a controlled climate-risk universe, scenario work commensurate with your exposure, a resilience assessment you can support, and current and anticipated financial effects that reconcile with the accounts.

Published passport

Current as at 10 August 2026

Reviewed by Dr Ross KurinkoLinkedIn Strategic ESG Advisor · IFRS S1 & S2 / GRI / ESRS expert GRI Certified Global Trainer · PhD, University of Cambridge · ESG-AI expert 15+ years on FTSE 100 & Fortune Global 500 disclosures Canary Wharf, London LRA educational guidance · Not issued or endorsed by UK Government

Edition written against

UK SRS S2 (February 2026)

UK SRS S2 was finalised in February 2026 and is available for voluntary use by any …

Published

10 Aug 2026

Knowledge Hub guide

Last reviewed

10 Aug 2026

Level 2

Articles in this pillar

Current and Anticipated Financial Effects Under UK SRS S2: A Guide for Finance Teams

How to translate climate-related risks, opportunities and responses into revenue, costs, assets, liabilities, cash flows, financing and capital expenditure without false precision

Decision guide · 14 min UK SRS S2 Climate Resilience: How to Assess and Disclose Capacity to Adapt

How to turn scenario findings into a balanced assessment of vulnerabilities, strategic options, financial flexibility, asset adaptability, investment, decision triggers and uncertainty

Decision guide · 14 min UK SRS S2 Climate Risk Management: Identification, Prioritisation and ERM Integration

How to describe climate-risk and opportunity processes, use scenario inputs, assess likelihood and magnitude, monitor change and evidence integration with enterprise risk …

Decision guide · 14 min UK SRS S2 Scenario Analysis: A Proportionate Approach to Climate Resilience

How to select relevant scenarios, time horizons, physical and transition pathways, assumptions and methods that are commensurate with exposure and available capability

Decision guide · 15 min

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ESG Reporting Full Stack

There is no standalone LRA course for this framework yet. The Full Stack programme covers the reporting system it sits in — materiality, data, drafting and assurance — with exercises on your own data.

Available as Guided Flex, Live Cohort, 1:1 Expert Mentorship or Corporate Programme.

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