BSR：2025年从气候科学到企业战略白皮书（英文版）

This paper introduces a climate scenario-adjusted valuation model that quantifies climate risks in financial terms by integrating climate science-based scenario analysis with established corporate valuation principles. We designed the approach to be transparent and auditable, fully aligning with emerging disclosure standards (such as IFRS S2 and the EU’s ESRS E1 on climate). 1 2 This ensures the framework can support both internal strategic planning and external reporting requirements, direct