In 2015, the Economist Intelligence Unit predicted that up to $45 trillion of global commercial enterprise assets could be at risk from climate shocks. Governments and investors are nervous. Demand grows for consistent decision-useful impact data.
In 2017, the Task Force on Climate-Related Financial Disclosures (TCFD) set out recommendations for transparent reporting on the risks and opportunities presented by climate change. Mandatory disclosure is expected in 2021.
The TCFD predicted that sustainable commercial enterprises stand to make significant value gains. Those exposed to high impact risks will likely incur price volatility, supply chain disruption, higher costs, lost revenue, irreversible market share drift and capital value erosion. As consumers and investors increasingly choose sustainable offerings, lagging industries must adapt quickly to mitigate impact risk.
The PIC System enables positive impact adaptation. The PIC Rating® is a universally applicable measure of high impact.
We help commercial organisations to make a positive impact on the planet, people and society as a result of their commercial business operation.
Every commercial entity is unique and can make a positive impact in many ways. Our Framework has been designed to showcase the impact of commercial activity on the things that really matter.
Whether you have a small local community operation or a large multinational corporation, even small changes to the commercial strategy and decisions made can have a huge impact.
The PIC Impact Management System is outcome driven. It encourages better decision making. We will help you create your impact management plan and get you ready for your PIC Rating.
We will offer the very best digital and consulting support available to support your impact management journey. We’re on hand to help as you build up your PIC Rating.
“The risk climate change poses to businesses and financial markets is real and already present. It is more important than ever that businesses lead in understanding and responding to these risks — and seizing the opportunities — to build a stronger, more resilient, and sustainable global economy.”
Michael R Bloomberg
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