Post by KPMG Ireland

The opportunity to limit warming to 1.5°C is rapidly diminishing, with global trajectories pointing towards significantly higher levels of warming. For Ireland, insufficient investment in adaptation could translate into billions of euro in annual flood‑related losses by mid‑century. 📉 While CSRD has strengthened climate risk disclosure, the commercial response is lagging - increasing exposure to asset impairment, insurance withdrawal, and constrained access to capital. 🔗 Regulators and investors are now focused on connectivity: ensuring climate risks disclosed in sustainability statements are reflected in financial assumptions where they affect asset values, cash flows, or insurability. ⚠️ Climate resilience is no longer optional - it is a financial imperative. At KPMG, we help organisations connect climate risk insights with financial strategy, asset planning, and governance to support resilient, informed decision‑making. 👉 Find out more here: https://lnkd.in/dTZCXSDm