See the Possibility in Tomorrow
SS5/25 Gap Assessment: Defensibility & Validation
SS5/25: Is your climate risk financially material?
Our one-page guide to the 10 priority actions that can help validate your SS5/25 gap assessment and strengthen your response to SS5/25.
DownloadSS5/25 marks a shift in how firms need to approach climate risk.
This is no longer just about ESG compliance. It is about embedding climate risk into core financial decision-making, governance, risk appetite, scenario analysis and long-term resilience.
For insurers, banks and building societies, the key question is whether your current climate risk assessment can stand up to scrutiny.
- Can you evidence that it is financially material?
- Is it reflected in board governance and Senior Manager accountability?
- Does it connect to your core risk framework, capital planning and business strategy?
- Is there a credible remediation plan in place?
What the guide covers
Our one-page guide sets out 10 priority actions to help you assess the defensibility and validity of your SS5/25 gap assessment.
It covers the areas you should be reviewing now, including:
- Board governance and accountability
- Materiality and risk assessment
- Integration into risk frameworks
- Risk appetite, controls and decision-making
- Climate scenario analysis
- Data quality and management information
- Disclosure consistency
- Strategy, product design and remediation planning
Use the guide to identify where your approach is already strong, where gaps may exist and where to prioritise action next.
Download the guideComplete the form to access the one-page guide.
Top tips and guide sound bites
Listen to the podcast
Episode 2: SS5/25 Climate Risk - The Shift
The shift: SS5/25 is a shift from climate risk awareness to real, evidenced implementation of climate risk.
Episode 3: Governance & Accountability
Practical steps for evidencing senior accountability, board oversight and climate risk ownership ...
Episode 4: Scenario Analysis
How climate scenarios can support risk appetite, capital planning and credible remediation ...
Need support reviewing your current approach?
Weightmans can help you understand where your SS5/25 gap assessment stands, identify potential defensibility gaps and prioritise practical next steps.
Our team can support you with a focused review of your current approach, including governance, financial materiality, risk integration, disclosure consistency and remediation planning.
Book a free 30-minute consultationSee the Possibility in Tomorrow