Addressing climate risks, reducing costs and building resilience

We have a market-leading structured approach to delivering Climate Transition Plans (CTPs). Drawing on the deep and extensive experience of our climate and ESG strategy teams, we draw insights from across our service lines to complete all the elements required for a credible plan for investors and key stakeholders. These include emissions measurement, materiality, governance, resilience and scenario analysis, target setting and pathway modelling.

Climate Transition Plans are built on three key stages:

1. Baseline and Understand: Scope 1, 2 and 3 emissions data is gathered and carbon footprint is calculated following the Greenhouse Gas (GHG) Protocol and ISO 14064-1. We use the ISO 14064-3 standard to verify your footprint. This is foundational to the creation of decarbonisation and climate transition plans.

2. Climate Ambition: We develop action-oriented, costed and time-bound decarbonisation plans. We do this by modelling decarbonisation pathways that meet your existing targets or inform your decision to set targets e.g. Science Based Targets Initiative (SBTi targets). Once these decarbonisation levers and actions are identified we use a portfolio approach to estimate the costs and benefits of implementation in the context of company growth, capability and practicalities.

3. Climate Transition: Climate related risks and opportunities are identified using scenario analysis. This prepares companies for long term challenges and uncertainties. Decarbonisation plans are activated and the plan is reported on and disclosed publicly (e.g. CDP, CSRD, SEC and so forth). This enables clear, concise and consistent communications around your journey to Net Zero. It also provides measurable KPIs for sustainable linked finance (green loans) and client requests.

Make informed decisions with organisational and product emissions data and insights

Organisation Footprints

Carbon footprints have become a foundational tool for business activities and costs. Goodbody Clearstream specialise in measuring, verifying and reporting organisational and product Greenhouse Gas (GHG) carbon emissions to the ISO 14064 standard. We use the ISO 14064-3 standard to verify your footprint. Using this we can develop a robust GHG management plan.

We dispel uncertainty around Scope 1, 2 and 3 boundaries, data quality, methodological choices, and how results can be verified and communicated. Our approach identifies carbon ‘hotspots’ and identifies addressable costs in your business with carbon footprint as a proxy. We also manage the reporting of carbon emissions to investors, management and staff and to external reporting platforms such as CDP.

Product Footprints

We also conduct Life Cycle Assessments (LCAs) to help companies understand the environmental impacts of their products, product carbon footprints (PCFs), and Environmental Product Declarations (EPDs). These provide a verified, public report, summarising the LCA data according to specific standards. Our approach provides transparent, decision‑useful data.

Carbon Calculators and Tools

We also advise on tools and technologies to support organisations looking to develop in-house expertise to measure carbon footprints and LCAs.

Prepare for regulations, reduce compliance risk, communicate your actions and impact

The demand for ESG disclosures continues to grow. Investors, customers, suppliers, employees and other stakeholders expect companies to share transparent, accurate and comprehensive information about how they manage ESG through their strategy, actions, targets, and performance metrics. Meanwhile, the range and complexity of ESG reporting standards, frameworks and ratings platforms continues to grow. A well-managed, focused approach to sustainability reporting has never been more critical.

We help clients cut through the ESG regulatory noise; make them aware of compliance and disclosure requirements; de-risk their business strategy; avoid fines and reputation damage; build capacity internally; react to supply chain demands.

When preparing for compliance, disclosure or reporting, we have three key activities to support companies:

1. Regulation and Legislation

   • Screening against ESG regulations and interpretation of regulatory text

   • Practical guidance on implementation

   • Horizon scanning on updates on regulatory developments

   • Role-based training for teams

2. Measurement and Action

   • Identify key performance indicators and meaningful metrics to measure impact and progress across ESG topics

   • Set ambition and strategic targets

   • Develop action plans, allocate resources and create internal tools to support implementation

   • Define approach to tracking and monitoring data and integrating it into decision-making

   • Build internal capability through leadership and employee training

3. Preparing to Disclose

   • Conduct Double Materiality Assessments (DMA), stakeholder engagement, and identify material reporting standards, topics and metrics

   • Create data collection strategies and reporting governance structures

   • Assess reporting readiness and create practical action plans

   • Assess compliance and support preparation for assurance

4. Sustainability and ESG Reporting

   • Develop practical ESG Reporting Roadmaps to meet current and future regulation or voluntary frameworks

   • Support to craft compelling sustainability or ESG reports using templates and best practice examples.

Our reporting and disclosure support covers a broad range of frameworks and standards including:

Goodbody Clearstream are the secretariat for CDP Ireland Network.

Build resilience and reducing risk

The greatest environmental, social and regulatory risks for business sit within their supply chains. So, a structured approach to due diligence, identification of risk and prioritisation of action is critical. We support organisations to reduce risk and build resilience by strengthening supply chain governance and strategy and deepening supplier engagement and relationships. Our work expands beyond climate to address wider social, human rights and nature impacts and risks, while embedding circular economy principles to reduce reliance on scarce resources. We integrate sustainable practices across procurement processes and the full supplier lifecycle.

We help clients deal with issues such as:

• Risk and compliance: exposure to supply chain disruptions and over-reliance on critical or scarce resources, increasing regulatory pressure (e.g. ESG disclosures, due diligence laws), lack of visibility into supplier risks (climate, human rights, biodiversity)

• Cost and efficiency: inefficient procurement processes and missed cost-saving opportunities, material volatility and rising input costs due to scarcity, waste and linear resource use driving unnecessary spend

• Supply Chain Sustainability Performance: low supplier engagement on sustainability or performance improvements, limited resilience to shocks (climate events, geopolitical issues), challenges addressing Scope 3 emissions and value chain impacts

• Reputation and stakeholder pressure: risk of reputational damage from unsustainable or unethical suppliers, increasing expectations from investors, customers, and regulators

• Strategic Growth and Future-readiness: lack of circular economy integration and overdependence on linear models, missed opportunities for innovation in sustainable products/services, inability to align supply chain strategy with long-term business resilience

We engage meaningfully with key internal and external stakeholders, e.g. procurement teams and suppliers, to help organisations mitigate risk, drive innovation, improve performance, build trust and create competitive advantage through more transparent and sustainable value supply chains.

We have three key activities to support companies to build responsible, transparent and sustainable supply chains:

1. Being a Responsible Procurer

   • Build a robust supplier due diligence and risk assessment model in line with best practice

   • Define clear supplier performance frameworks, KPIs, and accountability mechanisms

   • Embed responsible procurement principles into policies and processes

   • Develop targeted supplier engagement strategies to drive performance and long-term relationships

   • Build supplier capability through training, tools, and continuous improvement programmes

   • Track, monitor, and report on supplier risk, impact, and progress with strong data and governance

   • Continuously improve supplier performance to build resilient, transparent, and future-ready supply chains

2. Circular Economy

   • Identity areas within the business that lend to circular material flows, process improvements and new circular products and services

   • Identify opportunities for decarbonisation through more efficient use of materials and waste reduction

   • Build new business opportunities with novel customer value propositions

   • Educate your teams on building circular economy solutions and embedding it into the business

   • Measure, verify and compare your circular impact using product carbon footprints and explore scenarios with different materials

3. Nature Footprinting

   • Identity what, within nature, are the most material impacts, risks and opportunities in your business – e.g. water, soil, pollution (noise, air) and land use change

   • Link priority areas to business model, and identify locations and geography of the business with defined related KPIs and metrics

   • Build out a data strategy and support collection of data for target setting, reporting and disclosure – TNFD, CDP, CSRD, Origin Green and other frameworks

   • Identify projects site, company, value chain level to deliver impact at scale