TCFD and IFRS S2 Climate Risk Disclosure
Expert guidance on identifying, assessing, and disclosing climate-related risks and opportunities in alignment with the TCFD framework and the IFRS S2 Climate-related Disclosure Standard.
Prepare for Climate Risk Disclosures Aligned with TCFD and IFRS S2
SCS Consulting Services helps organizations identify, assess, and disclose climate-related risks and opportunities in alignment with the TCFD framework and the IFRS S2 Standard. IFRS S2 builds upon the structure and principles of TCFD, introducing clear requirements for how companies measure, manage, and communicate the potential financial impacts of climate change. Whether your organization is responding to investor expectations, ESG ratings, or new disclosure mandates such as California’s SB 261 or the EU CSRD, SCS Consulting Services ensures your reporting provides meaningful insight that supports strategic decision making and long-term business resilience.
Turn Climate Risk into Strategic Insight
SCS Consulting Services delivers:
- End-to-end support for TCFD and IFRS S2 aligned disclosures, from organizing existing climate data to developing new analyses where gaps exist
- Climate risk and opportunity assessments, including scenario analysis and financial exposure evaluation across short-, medium-, and long-term time horizons
- Support incorporating assessed climate risks and opportunities into enterprise risk management and business strategy
- Cross-framework alignment with CDP, CSRD, and other ESG disclosure platforms for consistent and efficient reporting
- Practical guidance to transition from voluntary reporting to mandatory climate disclosures
The SCS Consulting Services Advantage
SCS Consulting Services has deep experience in climate strategy and reporting, with a proven track record helping companies meet TCFD requirements. Our consultants understand how to align disclosures with investor needs and regulatory requirements and have supported clients through transitions to IFRS S2 and CDP-aligned reporting.
Start Your TCFD Reporting Journey Today
Ready to align your climate disclosures with global standards? Schedule a free consultation to build your TCFD strategy and reporting roadmap.
FAQS
- What is TCFD and IFRS S2 consulting, and how does it work?
SCS Consulting Services' Climate Risk Disclosure Advisory helps organizations at any stage of identifying and assessing climate risks and opportunities and their alignment with the TCFD and IFRS S2 standards. The process is iterative, and we meet clients where they are, whether organizing existing information, developing new risk and opportunity assessments, or conducting scenario analysis. Our team helps advance both disclosure readiness and the underlying assessment process to ensure credible and decision-useful reporting.
- Who would benefit from a TCFD consultation, and what industries do you serve?
This service is ideal for publicly traded companies, financial institutions, and organizations subject to ESG or climate-risk disclosure regulations. It’s especially relevant for companies preparing for IFRS S2, SB 261, CDP, or CSRD reporting. Industries served include finance, energy, manufacturing, retail, and more.
- What can a company expect from a TCFD and IFRS S2 consultation?
Clients can expect climate risk disclosures aligned with TCFD and IFRS S2 that meet investor and regulatory expectations, enhanced ESG scores, and strategic insight into climate-related financial risks and opportunities.
- How long does a TCFD or IFRS S2 consultation take?
Consulting timelines vary based on company size, data readiness, and the level of analysis required. A typical engagement includes climate risk scoping, scenario analysis, and preparation of disclosure materials in line with TCFD and IFRS S2. Projects may span several weeks to a few months depending on scope.
- What makes your solution different from competitors?
SCS Consulting Services stands out due to our deep expertise in climate risk and ESG reporting, integration with global frameworks, and experience transitioning companies from voluntary to mandatory disclosures. Our approach is collaborative, science-based, and tailored to each client.
- How do you handle data security and compliance?
SCS Consulting Services ensures secure handling of climate and financial data under our ISO 27001-certified data security management system, alignment with global standards including TCFD, IFRS S1/S2, and CSRD, and assurance-ready data and reporting.
- What support is included in a TCFD consultation?
Support includes:
- Climate governance and risk assessments
- Scenario analysis
- Disclosure strategy and reporting
- Integration with broader ESG reporting
- Stakeholder engagement and training
- What is the pricing of a climate-risk advisory consultation aligned with TCFD or IFRS S2?
Pricing varies depending on company size, reporting scope, depth of scenario analysis, and level of advisory support. Custom quotes are available upon request, and clients may schedule a free scoping call to discuss their project.
- What are the different types of TCFD and IFRS S2 deliverables?
Deliverables range from climate risk assessments and scenario analyses to disclosure-ready reports aligned with TCFD and IFRS S2. SCS Consulting Services can also help clients build the internal frameworks and processes needed for ongoing strategy development, implementation, and future re-disclosure cycles.
- How do I get started?
Schedule a free consultation and ask for a TCFD consultation. An SCS Consulting Services advisor will follow up to discuss a TCFD strategy that fits your organization’s needs.