Helping a global entertainment company tackle climate-related risks

Case Study

3 minutes

08 September 2025

The client is a large entertainment company.

It operates venues including theatres, cinemas, and modern music arenas.

Its core activities are show productions, venue ownership management, and ticketing and marketing operations. Its sites span Europe and the US – with expansion into new geographies in the works. 

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The challenge

The company's growth brought it within the scope of the UK’s Task Force on Climate-Related Financial Disclosure (TCFD) reporting requirements for the first time.    

It needed support to produce this report and navigate its climate-related risks, which included flooding, heat stress, and wildfire.  

This was proving difficult in the face of mandatory climate risk disclosure and reporting, and broader corporate sustainability requirements.   

Its international footprint added challenges in understanding the regulatory landscape and potential liabilities, while rising energy costs further strained long-term planning and resilience. 

Action

To help address these risks and guide the client in an unfamiliar area, we provided: 

  • A comprehensive climate risk and opportunity assessment across the countries it operates in. This covered physical risks, transition risks, and climate-related liability risks. 
  • Scenario analysis via a stakeholder engagement workshop, to discuss and validate the impacts of these risks on the client.
  • A climate action roadmap detailing a range of adaptation and risk mitigation solutions, and how to correspond with sustainability reporting requirements. 

For the next phase, we carried out a site-specific flood assessment for a venue near a river channel to evaluate flood exposure, and provide recommendations for flood protection measures. 

The team’s approach to our climate risk review project was exceptional. They engaged relevant internal stakeholders in a welcoming, professional manner devoid of jargon
Operations Director, Global Entertainment Company

Result

The client went on to: 

Integrate climate insights into its enterprise risk management and planning processes

Now more equipped to tackle climate-related issues and opportunities.

Use decision-useful insights to report under TCFD requirements

And prepare for upcoming Corporate Sustainability Reporting Directive (CSRD) reporting.

It has resulted in a climate risk register which has turbocharged our thinking in this area by at least three years compared to attempting to undertake this work internally

What can we do for you?

We'll help you understand your climate risks, build resilience, and use insurance solutions to de-risk your future.

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