Climate Related Financial Exposure (CRFE)
ASRS aligned
Site-specific
Quantitative outputs
Board defensible
The challenge boards now face
Boards are required under ASRS to identify and disclose material climate-related risks — yet most assessments do not quantify financial impact. Without quantification:
- Risk prioritisation is subjective
- Capital decisions are difficult to defend
- Disclosures lack evidence
- CRFE addresses this gap
What is Climate Related Financial Exposure?
CRFE is a structured methodology that translates physical climate hazards into:
- Lost productive days
- Operational disruption
- Financial exposure by asset or site
The challenge boards now face
Boards are required under ASRS to identify and disclose material climate-related risks — yet most assessments do not quantify financial impact. Without quantification:
- Risk prioritisation is subjective
- Capital decisions are difficult to defend
- Disclosures lack evidence
- CRFE addresses this gap
What is Climate Related Financial Exposure?
CRFE is a structured methodology that translates physical climate hazards into:
- Lost productive days
- Operational disruption
- Financial exposure by asset or site
- It allows organisations to understand where, when, and how much climate risk will impact performance.
How CRFE works
Climate hazards identified
Heat, rainfall, cyclones, bushfire and other relevant hazards assessed by location and scenario.
Operational impact quantified
Hazards translated into lost productive days and disruption metrics.
Financial exposure calculated
Lost production converted into revenue, margin, or cost impact.
Decision-ready outputs delivered
Board-ready summaries aligned to ASRS requirements.
Why CRFE matters for ASRS compliance
ASRS requires directors to disclose material climate risks that impact:
- Impact on financial statements
- Asset values
- Future prospects
- CRFE provides evidence-based quantification to support these disclosures, reducing reliance on narrative judgement alone.
Why CRFE is different
- Site-specific, not generic
- Quantitative, not qualitative
- Designed for governance, and decision making not marketing CRFE has been developed with input from industry, finance, and audit perspectives to ensure outputs are commercially credible and defensible. CRFE methodology and calculations are proprietary and commercial-in-confidence.
Why CRFE matters for ASRS compliance
- Financial performance
- Asset values
- Future prospects
- CRFE provides evidence-based quantification to support these disclosures, reducing reliance on narrative judgement alone.
Why CRFE is different
- Site-specific, not generic
- Quantitative, not qualitative
- Designed for governance, not marketing CRFE has been developed with input from industry, finance, and audit perspectives to ensure outputs are commercially credible and defensible. CRFE methodology and calculations are proprietary and commercial-in-confidence.
Structured Approach
Quantifying physical climate hazards for your project
We guide organisations through structured steps to ensure climate strategies are implemented effectively, achieving measurable impact and operational alignment.
Regulatory Changes
Climate hazards now require directors to quantify, monitor, and disclose material financial risks under ASRS.
Data Limitations
Mine operators, investors, and insurers often lack site-specific climate exposure data for decisions.
CRFE Framework
Ambition Zero’s CRFETM model quantifies heat, rainfall, cyclone, and bushfire impacts over scenarios.
CRFE is most commonly applied in:
Mining and resources
Energy and infrastructure
Industrial and logistics operations
Agriculture and land-based assets
Government planning and funding assessment
