TCFD and UK SRS readiness review and training

The insurer faced a rapidly evolving reporting landscape: UK TCFD‑aligned CFD requirements in force, ISSB S1/S2 shaping UK SRS, and diverging expectations across EU, Bermuda, Canada and the US. Leadership needed assurance that their governance, strategy, risk management, and metrics/targets were robust; that scenario analysis, time horizons and quantitative resilience disclosures met rising expectations; and that Scope 3 (including financed/underwritten value chain where relevant) and remuneration linkages were addressed pragmatically. They also sought clarity on sequencing - what to fix now for CFD, what to build for S1/S2, and how to avoid re‑work,plus targeted training for directors and executives to drive informed decisions. 

They received a TCFD/CFD gap analysis across the four pillars, testing scenario analysis, time horizons, governance artefacts, risk integration, and metrics/targets against UK rules. In parallel, we performed an ISSB S1/S2 readiness review, mapping gaps to insurance‑specific guidance, transition‑plan disclosures and industry metrics expected under UK SRS.

We benchmarked disclosures against three listed peers to surface practical enhancements on resilience quantification, Scope 3 coverage and remuneration alignment. Our regulatory horizon scan (UK, EU, Bermuda, Canada, US and global) informed prioritisation and timing. Finally, they received a full designed and delivered tailored training for board and senior management, with reusable materials for ongoing onboarding. 

A clear view of gaps against CFD in governance and risk management was acheived, with targeted actions for strategy and metrics to evidence resilience, justify time horizons and clarify Scope 3 treatment. A sequenced roadmap was set-up to meet UK SRS S1/S2 expectations - formalising governance roles, building industry metrics, preparing quantitative financial‑effects disclosures, and defining a credible transition‑plan pathway. Concise, prioritised steps, underpinned by peer benchmarks and horizon scanning, helped the client prepare for UK SRS adoption while staying flexible for cross‑border rules. The board gained clarity, a practical plan to lift disclosure quality, and training that accelerated internal capability.