Climate risk, scenarios & resilience · Specialist

Climate value at risk

Also called: climate VaR

ELI5

An estimate of potential financial loss associated with climate scenarios.

Used in conversation

“The board will ask what happens if climate value at risk moves outside tolerance.”

Pitch context

You will see “Climate value at 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.