Climate risk management – updated expectations from the PRA
ArticlePRA’s SS5/25 sets clear rules for climate risk governance, scenario analysis, and data standards, guiding UK firms to embed climate risk into core decisions.

As an accredited board reviewer our independently facilitated board performance evaluations go beyond compliance.
What we assess in the context of strategy:
A well-executed board review can:
Position the board as a strategic asset, not just a governance body. We regularly perform independently-facilitated board performance reviews and mitigate conflicts of interest that may arise as part of our processes. We take pride in developing robust and evidenced review content from engaging and collaborative discussions with directors and business leaders. The process is inclusive, and the anonymity of all participants is guaranteed. Respondents can raise issues arising from it in confidence with one of our partners.
We also offer multi-year board development programmes to embed change, track progress, and evolve governance in line with your organisation’s growth. When conducted with rigour and candour, Board reviews reveal both strengths and blind spots, offering a platform for continuous improvement. The Chair’s role in championing development is pivotal, setting the tone for a board that sees development not as a remedial exercise—but as a strategic imperative.
Dynamic solutions that support succession planning and interventions, such as inclusion and diversity.
Building resilience and sustaining high-performance with fresh perspectives and market insights.
Bespoke board evaluation tools support cost-effective, evidenced-based external and internal evaluations, which can monitor leadership and development.
Boards need to protect and grow stakeholder value. Our guidance on board reviews gives equal attention to its operational dynamics and learning and development to ensure you're not putting established and potential future value at risk. A strong evaluation is a key contributor to implementing successful plans for leadership succession.
Our reviews give you external validation on structure, capability, and function; using market-leading insights and bespoke software to explain how your board can sustain high performance.
PRA’s SS5/25 sets clear rules for climate risk governance, scenario analysis, and data standards, guiding UK firms to embed climate risk into core decisions.
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