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MetricClimate risks, opportunities and financial effects

Net revenue vulnerable to physical climate risk

Measurement answer

What this metric measures

Net revenue vulnerable to physical climate risk is presented as a structured disclosure of net-revenue amounts and shares exposed to material acute or chronic hazards across the reporting entity's stated scenarios and time horizons.

Specification

Metric specification

Result format
Structured table
Unit
Structured table — see field-level units
Reporting basis
Financial reporting period across declared time horizons
Aggregation
No default total — only compatible, non-overlapping revenue rows may be combined
Pillar
Environmental
Topic
Climate risks, opportunities and financial effects
Controlled domain
Sustainable finance
Entity type
Metric

Reporting boundary

Net revenue on the declared financial-statement basis from business activities within the consolidated reporting perimeter that are exposed to material acute or chronic physical climate risk during the financial reporting period and across the entity's stated horizons.

Verified source occurrences

Framework coverage

This is one canonical metric. The bindings below show every verified framework occurrence without creating duplicate metric pages. Edition, disclosure, role, and relationship remain source-specific.

  • Adopting Disclosure

    European Sustainability Reporting Standards

    Source evidence
    Publisher
    European Commission
    Edition
    Consolidated text as of 1 January 2025
    Requirement
    Not Specified
    Relationship
    Defines Disclosure
    Mapping outcome
    Direct Evidence
    Source locator
    Annex I, ESRS 2 SBM-1 paragraph 40(d), ESRS E1-1 paragraph 16(g) and AR 5, and ESRS E1-9 paragraphs 64 to 70 and AR 67 to AR 77
    Open official framework source

Value structure

Dimensions and units

Unit
Structured table — see field-level units
Reporting basis
Financial reporting period across declared time horizons

Unit meaning: This metric is reported as a structured table; each field carries the unit stated in the table fields below.

Table fields and units

  • Business activity or segment and physical hazard
  • Scenario and declared time horizon
  • Gross vulnerable net revenue ([ISO currency], declared scale)
  • Share of total net revenue (vulnerable net revenue ÷ compatible total net revenue, %)
  • Share of gross vulnerable revenue addressed by adaptation actions (%)
  • Financial-statement line or note
  • Quantification status and unavailable reason

Published dimensions

  • Physical climate-risk net-revenue exposure
  • Acute or chronic hazard class
  • Climate hazard
  • Climate scenario
  • Business activity or segment
  • Time horizon
  • Financial-statement line or note
  • ISO currency and declared scale

Disclosure method

Formula information

Status
Not applicable
Formula type
Structured Disclosure

Disclosure form

No single formula

Populate the structured fields from qualifying source observations and retain each field-level unit, boundary, status, and method; do not collapse the disclosure into one calculated value.

Verified sources

Evidence and status sources

Sustopedia checked each record-specific claim directly against primary publisher material. Labels distinguish current measurement authority from future compatibility and corroborative, legal, edition, or method status context. Corroborative evidence can support a stated limitation but cannot establish the core measurement by itself.

Measurement evidence

  • Measurement evidenceChecked 15 August 2026

    Commission Delegated Regulation (EU) 2023/2772 supplementing Directive 2013/34/EU as regards sustainability reporting standards

    Publisher
    European Commission
    Edition
    Consolidated text as of 1 January 2025
    Locator
    Annex I, ESRS 2 SBM-1 paragraph 40(d), ESRS E1-1 paragraph 16(g) and AR 5, and ESRS E1-9 paragraphs 64 to 70 and AR 67 to AR 77

    Supports: Official publisher reference linked specifically to the Sustopedia metric “Net revenue vulnerable to physical climate risk”; interpret it with the source-edition basis and limitations shown on this page.

    Open official source

Use with context

Interpretation boundaries

Method disclosures required

Source-edition basis: Commission Delegated Regulation (EU) 2023/2772 consolidated as of 1 January 2025; later editions require separate method profiles.

  • ISO 4217 currency code and scale for each vulnerable-net-revenue cell
  • Percentage numerator as vulnerable net revenue and denominator as compatible total net revenue for the same period and perimeter
  • Declared short-, medium- and long-term horizon definitions
  • Scenario, acute or chronic hazard class, hazard, geography and business activity or segment
  • Gross exposure before adaptation actions, kept separate from any percentage addressed by adaptation actions
  • Net-revenue recognition basis, financial-statement line or note and reconciliation reference
  • Risk-identification process, materiality threshold and non-overlap controls
  • Unavailable values and reasons, never silently represented as zero

Record-specific limitations

  • The disclosed amount is not forecast revenue loss, value at risk, expected loss or a post-adaptation residual.
  • The same revenue can be exposed to multiple hazards, scenarios or horizons and must not be double counted.
  • Results are sensitive to the declared scenario, horizon, activity mapping, risk method and materiality threshold.
  • Financial-statement and management-view revenue classifications can differ and require reconciliation.
  • Unavailable quantification must be labelled unavailable with a reason and must never be represented as zero.

Interpret this metric with the stated reporting boundary, period convention, value shape, and unit. Results prepared with different boundaries or conventions may not be directly comparable.

Measurement evidence supports the core record-specific claims described above. Corroborative evidence can support limitations, while compatibility and status sources provide their separately labelled context. None of these cards by itself determines an organisation's legal applicability, filing readiness, assurance status, or compliance conclusion.