CASE STUDY
Supporting Mango Fashion Group with Climate-related Physical Risk Analysis and Transitional Risk Report
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CLIENT REQUIREMENTS
CEN was tasked with producing a multi-site physical risk assessment and report covering Mango’s value chain: suppliers, owned operations, franchise operations, alongside a climate related transitional risk assessment and report. This included a quantification of climate-related risks and opportunities. We were also asked to carry out an ISSB aligned climate-related assessment of both physical and transitional climate risks.
OUR APPROACH
Our team helped the sustainability team identify the most material suppliers, operational and franchise sites. We have also carried out three separate physical risk assessments (suppliers, owned operations, franchise operations) across over 300 sites. The project involved data analysis and output from the Munich Re Location Risk Tool, which was used by us to conduct extensive scenario planning. Our team carried out risk quantification assessment, using information provided by Mango’s key stakeholders, as well as industry trends and information.
OUTCOME AND DELIVERABLES
We produced a comprehensive transition risk, alongside summary reports highlighting key climate-related physical risks across Mango's value chain, including suppliers, owned sites and franchise sites, in addition to a transitional risk report. These reports were used as part of Mango’s annual public climate related disclosure in their public reporting and provided a clear understanding of climate-related risks and opportunities across its value chain, enabling more informed decision-making and future-planning.