Forvis Mazars partners with JBA Risk Management to enhance climate risk reporting

Forvis Mazars, an audit, tax, and advisory firm, has joined forces with UK-based flood scientists JBA Risk Management to strengthen its climate-related physical risk sustainability reporting services.

This collaboration comes in response to increasing international regulatory requirements that demand more detailed climate impact assessments.

Previously reliant on open-source flood risk data, Forvis Mazars now has access to JBA’s advanced location-level data, providing insights into present and future flood risks across multiple time horizons and climate change scenarios (RCPs and SSPs).

By integrating JBA’s high-quality flood risk data via API, Forvis Mazars can offer clients deeper analysis of potential physical risks as part of climate scenario assessments and sustainability reporting.

With financial institutions under growing pressure to refine their climate modelling capabilities, access to precise and reliable data has become essential.

In Europe, the Corporate Sustainability Reporting Directive (CSRD) mandates that affected businesses submit their first reports from January 2025. As the deadline approaches, more organisations must ensure their reporting frameworks are fully prepared by year-end.

Pierre-Alexandre Germont, Director – Global Climate Risk Lead at Forvis Mazars, said: “Working with the team at JBA Risk Management will significantly enhance our ability to help our clients gain insight into their present and future risk to flood and ensure they can meet any future regulatory requirements around climate-related physical
flood risk. JBA’s data and insight will ensure our clients can plan ahead and mitigate where possible any potential impacts on their businesses from flood.”

Mark Goodman, Principal Analyst, JBA Risk Management, added: “We are delighted that leading global accounting and advisory firm Forvis Mazars has selected JBA flood risk data for use in their models. Their clients will benefit from our high-resolution maps and data to assess their potential physical risks from the changing climate, enabling them to monitor their risk exposure and to comply with climate-related financial disclosure regulations such as CSRD, SDR & ISSB.”

This website states: The content on this site is sourced from the internet. If there is any infringement, please contact us and we will handle it promptly.