Building on the its 2020 thematic review on climate change, the objective of this project is to learn more about the processes through which companies develop their scenario analyses, how these processes shape the outcomes produced and how those outcomes in turn influence companies’ strategic planning and decision making. The over-riding purpose of the project and associated research is to inform FRC's future regulatory strategy and delivery.

As the use of scenario analysis in climate-related reporting is a relatively recent development, the project will investigate both climate and non-climate applications of scenario analysis, covering a broader range of companies. 

The project will be carried out by Alliance Manchester Business School (AMBS), University of Manchester, which will survey FTSE 350 companies initially with a questionnaire, followed by in-depth interviews with relevant teams and individuals from a representative sample of companies. The extent of scenario reporting in 2020/21 annual reports will also be analysed.

The AMBS team invite expressions of interest from individuals and teams within FTSE 350 companies who would like to participate and in particular those with recent experience of conducting scenario analysis, climate-related or otherwise. 

The online questionnaire has been launched and interviews will take place during May, June and July 2021.

The press release and invitation to participate are on the FRC website. Further information on the survey is available on the FRC website.