The pāua industry is facing challenges due to environmental stressors and climate change impacts, which are affecting the health of pāua populations and their ecosystems. In response, a new risk modeling tool called "PAU2 climate related risk" has been developed by a team of experts to help those with financial interests in pāua quota to model scenarios and understand the financial trajectories of climate-associated risks. The tool is essential for informing better decision-making in the pāua industry and to meet the expectations of global investors regarding sustainability strategies and clear ESG reporting.