ESG Glossary
Definition
Risk from the physical effects of climate change on a company’s sites, supply chain and workers. It can be acute, from events like storms, floods and heatwaves, or chronic, from slow shifts like rising sea levels, higher average temperatures and changing rainfall. IFRS S2 and other climate reporting standards ask companies to report physical risks that could affect their business, and lenders and insurers use this information when they price loans and cover.
In Context
“After two storms closed our coastal plant for a month, physical climate risk went to the top of our risk register and our insurer raised the premium.”
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FAQs
Data security
We take data security very seriously. ECO-OS uses enterprise-grade security measures, including encryption, secure data storage, regular security audits, and compliance with leading industry standards. Your sensitive ESG data remains private, secure, and confidential at all times.
Do you provide implementation support?
Absolutely! Our professional services team is among the most talented and experienced in the business. They provide hands-on implementation support, systematically guiding your team every step of the way. From initial data discovery and onboarding of users to training and integration, our experts ensure your team rapidly closes gaps and creates new value with ECO-OS.
Do you also support Scope 3 reporting?
Of course. ECO-OS provides an end to end solution for Scope 3 emissions following the guidance of the GHG Protocol. A suite of tools unique to our platform simplifies the complex task of communicating, collecting and aggregating your supply chain data, helping you clearly understand your full value chain emissions and devise actionable reduction programs.
What international standards and frameworks are supported by ECO-OS?
ECO-OS supports alignment with major global ESG reporting frameworks, including CSRD, the GHG Protocol, California SB 253 and SB 261, the UN Global Compact, the UN SDGs, and other leading international standards.