Climate Materiality Screen

Screen climate exposure for financial and impact materiality.

Description

A climate-materiality screen applies separate financial and impact thresholds to supplied scores.

A climate-materiality screen applies separate financial and impact thresholds to supplied scores. Double-material means both numerical gates pass.^[1]

Screen climate exposure for financial and impact materiality.

When to use Climate Materiality Screen

Use this tool to screen climate exposure for financial and impact materiality.

Prepare the supplied policy terms, dates, assumptions or recorded indicators requested. Keep monetary amounts on one currency basis and select the applicable thresholds separately.

How to use Climate Materiality Screen and understand its results

Prepare the supplied policy terms, dates, assumptions or recorded indicators requested. Keep monetary amounts on one currency basis and select the applicable thresholds separately.
Enter financialMaterialityScore, impactMaterialityScore, financialThreshold, impactThreshold using the field table and calculation rules, then run the tool.
Read financiallyMaterial, impactMaterial, doubleMaterial, screenResult. The explanation below defines the units, signs, ordering and any flags or placeholder values.
If the tool reports an input issue, correct the values and run it again. Apply the stated assumptions when interpreting a successfully returned result.

Input field	Meaning	Value type; see rules below	Requirement
financialMaterialityScore	Financial materiality score	number; minimum: 0; maximum: 100	Required
impactMaterialityScore	Impact materiality score	number; minimum: 0; maximum: 100	Required
financialThreshold	Financial threshold	number; minimum: 0; maximum: 100	Required
impactThreshold	Impact threshold	number; minimum: 0; maximum: 100	Required

Enter scores and thresholds 0–100. Return each inclusive flag, conjunction and double-material, financial-only, impact-only or neither label.

financial=score≥threshold; impact=score≥threshold; double=both

Units, indexing, boundary conditions and exceptional cases are defined in the calculation rules above.

Output field	Meaning	Value type
financiallyMaterial	Financially material	boolean
impactMaterial	Impact material	boolean
doubleMaterial	Double material	boolean
screenResult	Screen result	string; one of "neither", "financial-only", "impact-only", "double-material"

json

{
  "input": {
    "financialMaterialityScore": 80,
    "impactMaterialityScore": 70,
    "financialThreshold": 60,
    "impactThreshold": 60
  },
  "output": {
    "financiallyMaterial": true,
    "impactMaterial": true,
    "doubleMaterial": true,
    "screenResult": "double-material"
  }
}

Limitations and assumptions

No exposure, sustainability evidence, reporting framework or regulatory materiality determination is assessed.

Numeric inputs must be finite. Follow the calculation-specific rules for overflow, underflow and exceptional cases. Missing required fields, extra fields, wrong value types and violations of the calculation rules are input errors. A successfully returned false flag is an evaluated outcome; its meaning is explained above.

Alternative or Complementary methods

Use PML Aggregation: Aggregate modeled occurrence losses into a caller-parameterized PML. For a complementary task, use RBC Action Level: Compare an insurer RBC ratio with caller-supplied action thresholds.

References

Climate Materiality Screen — tool.io

Similar or alternative tools

PML Aggregation
Aggregate modeled occurrence losses into a caller-parameterized PML.
RBC Action Level
Compare an insurer RBC ratio with caller-supplied action thresholds.