Assessing Physical Risks from Climate Change: Do Companies and Financial Organizations Have Sufficient Guidance?

The analysis finds that existing corporate disclosure guidance lacks a robust, shared approach to identifying and assessing physical climate risks, featuring inconsistent terminology that rarely aligns with IPCC standards. The paper notes that some IPCC-highlighted hazards are overlooked and that there is a lack of comprehensive metrics for quantifying risk factors, although water stress and flooding are the most extensively documented hazards.

• Current guidance across various initiatives uses inconsistent terminology that seldom matches the standards set by the IPCC.
• Certain climate hazards identified by the IPCC are either entirely absent or given minimal attention within the available guidance.
• There is a lack of comprehensive metrics for quantifying physical climate risk factors across all hazards, though water stress and flooding are the most well-supported in terms of data and metrics.

APA

World Resources Institute (n.d.). Assessing Physical Risks from Climate Change: Do Companies and Financial Organizations Have Sufficient Guidance? https://www.wri.org/research/assessing-physical-risks-climate-change-do-companies-and-financial-organizations-have-0

Chicago

World Resources Institute. Assessing Physical Risks from Climate Change: Do Companies and Financial Organizations Have Sufficient Guidance? n.d. https://www.wri.org/research/assessing-physical-risks-climate-change-do-companies-and-financial-organizations-have-0.

Wikipedia

{{cite report |author=World Resources Institute |title=Assessing Physical Risks from Climate Change: Do Companies and Financial Organizations Have Sufficient Guidance? |url=https://www.wri.org/research/assessing-physical-risks-climate-change-do-companies-and-financial-organizations-have-0 |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{worldresourcesinstitutendassessing, author = {{World Resources Institute}}, title = {{Assessing Physical Risks from Climate Change: Do Companies and Financial Organizations Have Sufficient Guidance?}}, institution = {World Resources Institute}, url = {https://www.wri.org/research/assessing-physical-risks-climate-change-do-companies-and-financial-organizations-have-0}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }