Process for managing climate-related risks Having identified climate-related risks the company either identifies specific mitigating actions and programmes or, where such specific responses are not considered feasible, builds likely financial impacts into valuations and planning. Integration of processes for identifying, assessing, and managing climaterelated risks into overall risk management As Serica’s climate-related risk identification and management programme progresses, regular updates are provided to the Board and where appropriate added into the Group’s risk register which is then reviewed monthly.