Munich Re’s
Reporting Edition
You can’t avoid the obligation of climate risk reporting, but you can avoid unnecessary effort
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Master your risks with the easy-to-use solution for advanced reporting
Reporting Edition for Physical Climate Risks is part of Munich Re’s Location Risk Intelligence Platform. A modular SaaS solution that enables you to understand, measure and manage risks from natural hazards and climate change worldwide.
By entering individual locations or uploading entire portfolios into the Location Risk Intelligence Platform, you can easily analyse, visualise, compare and document climate risks and include climate-related impacts in your reporting to meet regulatory requirements such as the EU taxonomy, CSRD, TCFD and ISSB. Especially if your company is one of those that has to move from voluntary to mandatory ESG reporting.
Remaining aware of changing environmental conditions is key to making informed decisions and enabling future competitive advantages. Our TCFD reporting not only serves to analyse our risk exposure, but can also drive strategic decisions at Clariant.
Four main challenges keep those responsible for climate reporting on their toes. You too?
Webinar recording! Don’t miss our Climate Risk Assessment webinar: From Compliance to Integrated Risk Management.
Join our expert webinar on-demand whenever you want!
We explore the complex reporting landscape and demonstrate efficient processes to meet these regulatory demands. We will also introduce the new Reporting Edition, which supports climate risk assessments with reliable climate data.
May we help you find your way through the reporting jungle?
EU taxonomy
- EU-wide classification system for defining what investments qualify as sustainable
- Mandates the evaluation and disclosure of a detailed list of physical climate risks, covering temperature, wind, water and solid-mass related hazards
- Intended to combat greenwashing
CSRD
- The European Union’s new reporting standard, making climate risk assessment mandatory for nearly 50,000 companies in or connected to the EU
- Covers various aspects of ESG: from climate and nature risk to human rights
- Works closely with ISSB to promote transparency on the “interoperability” between disclosure standards
TCFD
- While generally voluntary, it forms the basis for the mandatory disclosure regulation of many countries around the world
- Many frameworks are moving away from voluntary to mandatory assessment
- Currently being replaced in many countries by the ISSB standard, which includes the same physical risk disclosure requirements (see next tab)
ISSB
- Provides capital market participants with the information they need for better economic and investment decision-making
- Global ISSB disclosure standards (IFRS S1 and S2) consolidate several established climate risk disclosure standards (TCFD, GRI and CDP)
- Aims to reduce the burden on companies having to disclose the same information repeatedly for different standards
Clariant Ltd – one of the world’s leading specialist chemical companies – is already successfully incorporating climate change into its business. Get the case study now!
Reports that will make your auditor more than happy
Elevate your reporting with premium climate risk data to meet increasing regulatory and voluntary requirements by providing reliable information and transparency in the form of meaningful reports.
With Munich Re’s Reporting Edition, you can be confident that these reports contain all the necessary information in the form required by auditors and that nothing is overlooked.
EU regulatory authorities require 28 acute and chronic physical climate risks - Reporting Edition has you covered1
This is what makes Munich Re’s Reporting Edition unique: its very comprehensive risk coverage paired with high data quality. With Reporting Edition, you can reliably generate comprehensive reports that fully comply with all regulatory requirements at the push of a button. In other words, exactly the way auditors want it. It couldn’t be more secure.
1Reporting Edition currently covers 26 of the required risks, with the two missing ones2expected to be added in 2025.