White Cap Supply Holdings, LLC – Joshua Salzberg – 2025
Summary
Joshua Salzberg led White Cap’s transition risk assessment and authored its first TCFD-aligned climate disclosure.
Goals
White Cap, as the leading North American distributor for professional contractors, sought support to meet the requirements of California’s climate legislation SB 261, which requires companies to disclose climate-related financial risks. To meet this mandate, the company tasked Joshua Salzberg (they/them) with conducting a transition risk assessment and drafting a Task Force on Climate-related Financial Disclosures (TCFD) report, laying the groundwork for transparent, climate-conscious financial planning.
Solutions
Salzberg benchmarked peer disclosures, reviewed the company’s enterprise risk management framework, and convened cross-functional stakeholders from 7 departments for multiple rounds of collaborative workshops. Salzberg devised three custom climate scenarios using frameworks from the International Energy Agency, Network for Greening the Financial System, and Shared Socioeconomic Pathways. Finally, Salzberg assessed the resilience of White Cap’s strategies under each scenario and drafted a TCFD-aligned report to guide future climate risk disclosures.
Potential Impact
As a result of Salzberg’s work, White Cap now has a clearer understanding of transition risks affecting its market position, logistics operations, real estate portfolio, and brand reputation. The TCFD report equips leadership with the insights needed to make more informed, climate-conscious decisions and positions the company to meet future regulatory requirements with confidence. This foundational work enhances White Cap’s strategic resilience in a rapidly evolving policy and market landscape.
