Describe the climate-related risks and opportunities identified across short, medium, and long term
TCFD Strategy Disclosure (a) requires organisations to describe identified climate-related risks (physical: acute / chronic; transition: policy, technology, market, reputation) and opportunities (resource efficiency, energy source, products / services, markets, resilience) across short (1-3 yr), medium (3-10 yr), and long (10+ yr) time horizons.
S-a is the most foundational of all TCFD disclosures — it defines the risk universe that subsequent disclosures rest on. Without rigorous identification, the rest of the TCFD report is decoration.
S-a outputs feed S-b (impact assessment), S-c (scenario resilience), and RM-a (risk identification process). It also informs Metrics & Targets (Pillar 4) by establishing what to measure.
A focused 6-step methodology calibrated to deliver climate-related risks and opportunities (short / medium / long term) as a working capability — not a documented compliance artefact.
Per TCFD Annex — physical / transition risks + opportunities; align with NGFS scenarios and IPCC AR6.
Map asset locations to physical-risk exposures (flood, wildfire, water stress, sea level); use Aqueduct, ThinkHazard, or equivalent.
Catalogue policy (carbon pricing, regulation), technology (substitution, disruption), market (demand shift), reputation risks.
Catalogue resource efficiency, low-carbon products / services, market expansion, resilience opportunities.
Apply short (1-3) / medium (3-10) / long (10+) horizons per TCFD; align with corporate strategic planning cycle.
Author S-a per TCFD; integrate with annual report; align with IFRS S2 / CSRD ESRS E1.
Decision-gated workflow showing the actual sequence of activities — from initiation through steady-state operation — with key decision points highlighted.
We can scope this element implementation against your facility, regulatory context, and existing management-system maturity — and integrate it with the other Climate Risk & TCFD / ISSB S2-Aligned Disclosure elements you already operate.