// . // Capabilities // Climate And Sustainability

What We Do

We deliver a commercially smart climate transition. To achieve net-zero carbon emissions by 2050, the world must reduce its emissions by half within this decade. Despite growing climate ambition, we are significantly off track to meet this goal.

Now is the time to transform climate intent into action.

Corporations need to transition swiftly and on a large scale, all while managing the usual pressures of maintaining and growing a profitable business.

We help clients pursue a commercially smart transition, enabling leadership teams to deploy their financing, operating capabilities, and customer relationships to achieve outcomes for which they were never originally designed for.

We combine deep industry and functional expertise from across Oliver Wyman, the Oliver Wyman Forum, and Marsh McLennan. Our aim is to tackle climate transition challenges and provide our clients with a competitive edge.

Areas Of Expertise

Delivering the Energy Transition

Financing The Transition

Decarbonizing Industry

Unlocking the Nature Opportunity

Managing Climate Risk

Reporting and Disclosure

Oliver Wyman and CDP Europe have published five major reports analysing the progress and shortfalls of Europe's path to net zero, drawing on CDP's comprehensive self-reported environmental data and Oliver Wyman's analytical rigour. The strategic insights and corporate case studies highlighted in these reports can help senior executives understand and act on their climate and nature-related impacts.

Oliver Wyman is supporting the World Economic Forum as a knowledge partner on a broad range of initiatives including, Financing the Transition to a Net Zero Future, Sector Transitions to Nature Positive, and the Partnership for Advancing Health in Climate Action. These initiatives have engaged a multistakeholder community of financiers, industry stakeholders, philanthropists and public institutions to unlock opportunities for a net zero and nature-positive future.

Oliver Wyman served as the knowledge partner to the GFANZ Secretariat. Since launching in 2021, more than 450 financial firms, from 45 countries, responsible for more than $130 trillion in financial assets, have committed to aligning their operations and financing with achieving 1.5°C. GFANZ has published five major reports which help financial institutions translate their net zero pledges into actionable, near-term and science-based transition plans.

Oliver Wyman worked with UNEP FI to develop common analytical tools – including scenarios, methodologies and metrics – for banks to strengthen their assessment and disclosure of climate-related risks and opportunities. This will enhance their ability to implement the TCFD recommendations and promote consistency and comparability in climate change assessments and disclosures across the sector.

What We Think

Gauging Corporate Progress On Emissions Cuts And Nature Loss

With CDP we identify four key levers to reach net zero goals

Nature-Positive Strategies To Drive The Automotive Sector

Five priority actions to unlock business opportunities

Life Sciences Innovation Can Cut Climate’s Health Impacts

Public-private partnerships and innovative financing are key

Making The EU’s Do No Significant Harm Rule User Friendly

How regulators can simplify Green Deal taxonomy for banks

FINANCING THE NATURE-POSITIVE TRANSITION

Understanding the role of banks, investors, and insurers

UNLOCKING THE POTENTIAL OF CARBON DIOXIDE REMOVAL

Six priority actions the UK can take to accelerate CDR

Breakthroughs

Climate Credit Analytics

We joined forces with S&P Global Market Intelligence to launch a first-of-its-kind climate credit solution to help financial institutions assess counterparty risk from a transition to a low-carbon economy. Climate Credit Analytics translates climate scenarios into drivers of financial performance tailored to each industry, such as production volumes, fuel costs and capex spending.

Partnering For A Green Transition

We worked with a major steel manufacturer and a large multi-utility company to define a partnership to drive the green transition. For each work stream, we provided a diagnostic assessment, industry benchmark, and project management. The result was that both parties agreed to a long-term power purchase agreement and targeting a 20% reduction in Scope 2 emissions by 2023.

Forecasting Biofuels Demand

We supported a European oil and gas company with forecasting their biofuel demand in the next 10-15 years and mapping which types of feedstock would be in demand/where the demand would come from. What made this project unique was that the strategy had optionality regarding the use of technology for use in future product mixes.

Innovative Financing Solutions

We worked with the UN Refugee Agency (UNHCR), to develop a unique fund that leverages the environmental benefits of reforestation and cookstove projects to generate income on the rising carbon credit market. The solution will deliver social and environmental impact at unprecedented scale and duration, saving millions of trees per year, providing much-needed income to refugees and host communities.

Climate Vulnerability Assessment

We helped a leading Australian bank develop climate risk assessment models for its largest clients to comply with new supervisory guidelines and climate reporting requirements. The models gave our client a new way to quantify climate risk, enabling it to better assess and price risk as climate risks increase.

Setting Ambitious Climate Targets

We helped a large Asian general insurer set an ambitious green transition strategy. The client wanted to understand the current global trends and gaps in the climate and insurance landscape to move faster and further on climate. Through interviews with global experts and an extensive peer benchmarking study, we helped set mid/long-term targets for GHG emissions reductions and identify strategic priorities for action.