Corporate climate risk reporting has become a tick-box exercise, but a near-1.5°C world requires genuine disruption-ready strategy. In this episode of The Carbon Circle Podcast, we unpack how businesses can move beyond compliance into real corporate resilience. ⏳ Timestamps 0:00 - Moving beyond tick-box TCFD2:01 - Iain Watt’s journey: Co-authoring the first GRI guidelines4:06 - Inflection points: What 25 years in corporate climate strategy reveals7:14 - Demystifying TCFD, IFRS S2, and GRI frameworks12:51 - Why corporate climate risk reporting became a compliance trap16:35 - The fatal flaw: How models underplay tipping points and physical risk21:50 - The Catch-22 of climate scenario analysis for boards25:18 - Re-engineering strategy: Asking the right questions to Indian CXOs30:03 - Finding the balance: External consultants vs. in-house sustainability teams36:35 - Tipping points, monsoons, and supply chain dependencies41:16 - Climate economics: Where value will be created or destroyed45:49 - The ultimate resilience test for modern business models52:15 - Key takeaways & summary for Indian business leaders 🎯 What You'll Learn In This EpisodeHow standardized disclosures (TCFD, IFRS S2, BRSR) are being diluted by short-term boardroom thinking. Why current econometric and physical climate models act as strategic "comfort blankets" by omitting macro tipping points. Practical steps for CEOs and CFOs to apply a climate screen directly to high-stakes investment decisions. The shifting economics of supply chains, access to capital, and resource dependencies in volatile markets. 👥 About Our Guest: Iain Watt is a climate risk and corporate climate strategy expert with over 25 years of experience advising global business boards. Early in his career, he co-authored the original Global Reporting Initiative (GRI) guidelines at Ceres. He later led foundational climate work at Forum for the Future and served as a Senior Manager for Climate Risk at Accenture. Today, through IJW Climate Strategy, he works directly with boards and executive teams to help them navigate TCFD/IFRS style disclosures and build true climate resilience. 🔗 Connect With UsConnect with Iain Watt on LinkedIn: https://www.linkedin.com/in/iain-watt-a7187011/Learn more about IJW Climate Strategy: https://iainwatt.com/Visit Carbon Mandal: https://www.carbonmandal.com Follow host Roshan Rai on LinkedIn: https://www.linkedin.com/in/roshan-rai-mohandas-55a30662/Reach out to us: connect@carbonmandal.com#CorporateClimateRisk #TCFD #IFRS #ClimateStrategy #CarbonMandal #TheCarbonCircle #Sustainability