Climate risk, scenarios & resilience · Core

Chronic physical risk

Also called: chronic climate hazard

ELI5

Risk from longer-term shifts such as sea-level rise, heat or water stress.

Used in conversation

“The control is not complete until we can evidence how chronic physical risk is monitored.”

Pitch context

You will see “Chronic physical risk” in sustainability reports, impact decks, climate plans and assurance materials when the discussion reaches climate risk, scenarios & resilience.

Why it matters: In climate risk, scenarios & resilience, different calculation boundaries, periods or accounting treatments can change the number and the decision.

Caution

Calculation, recognition and disclosure can vary by accounting framework, company policy and reporting context.

Sources & evidence · 3

Direct term-level sources and supporting source families.