Our services
ESG risks don't sit in a separate register. They belong in your main one.
Red Flag
Most enterprise risk frameworks were built before ESG became a regulatory and financial concern. Climate risk, biodiversity dependencies, supply chain human rights exposure, governance gaps: these sit outside traditional risk categories but carry material financial impact. A Bleen risk management consultant bridges the two worlds.
Key Takeaways
- ESG risk mapping: identification, scoring, and prioritization of environmental, social, and governance risks
- Climate risk scenarios: physical risks (acute and chronic) and transition risks (policy, market, technology, reputation)
- Integration with enterprise risk management: adding ESG dimensions to your existing risk register and governance
- Double materiality support: financial materiality scoring of sustainability topics for CSRD reporting
- Supply chain risk assessment: identifying ESG exposure across your value chain (ESRS S2, CSDDD preparation)
What your risk management consultant covers
ESG risk identification and mapping. The consultant works with your risk function to identify sustainability-related risks that affect your business: regulatory changes, physical climate impacts, supply chain disruptions, reputational exposure, talent retention risks. Each risk is scored on likelihood and impact using your existing risk methodology.
Climate scenario analysis. TCFD and CSRD both require scenario-based climate risk assessment. The consultant runs physical risk analysis (flooding, heat stress, drought) and transition risk analysis (carbon pricing, regulation, technology shifts, market demand changes) under multiple temperature pathways.
Enterprise risk integration. ESG risks don't belong in a separate sustainability report. The consultant works with your risk team to embed them in your main risk register, your board risk reporting, and your internal audit plan.
Double materiality (financial side). CSRD double materiality requires assessing the financial impact of sustainability topics on your company. The consultant brings the risk assessment methodology to this exercise, producing scored and documented financial materiality results.
Value chain risk assessment. ESRS S2 (Workers in the Value Chain) and the upcoming CSDDD require companies to identify and address human rights and environmental risks in their supply chains. The consultant maps your exposure and designs due diligence processes.
Why integrate ESG into risk management
Regulators expect it. CSRD requires disclosure of sustainability-related risks and their financial impacts. Your auditor will assess whether your risk analysis is substantive, not decorative.
Investors expect it. ESG risk exposure affects credit ratings, insurance premiums, and investment decisions. A structured risk assessment is the language institutional investors understand.
Siloed risk management is incomplete. A flood that shuts down a supplier is both a climate risk and an operational risk. Treating them separately creates blind spots in your risk register.
Early identification saves money. Companies that mapped climate transition risks early adapted their business models before carbon pricing hit. Those that didn't are adjusting under financial pressure.
How the engagement works
Risk mapping phase (3 to 6 weeks). Workshops with your risk team and business unit leaders. ESG risk identification, scoring, and prioritization. Deliverable: ESG risk register integrated with your existing framework.
Scenario analysis (4 to 8 weeks). Climate scenario development, physical and transition risk assessment, financial impact estimation. Deliverable: scenario analysis report meeting CSRD and TCFD requirements.
Integration and governance (2 to 4 weeks). Embedding ESG risks in board reporting, internal audit plans, and management review cycles. Deliverable: updated risk governance documentation and reporting templates.
Typical format: 2 to 3 days per week during active assessment phases. Available for periodic reviews and updates as your risk landscape changes.
Map your ESG risk exposure
Tell us about your current risk management setup and regulatory timeline. We scope the assessment and assign a consultant.