The climate impact on IAS 33, which deals with the calculation and disclosure of earnings per share (EPS), can be mitigated in several ways. Here are some possible strategies:

1. Incorporate climate risks and opportunities into financial analysis: Companies can incorporate climate risks and opportunities into their financial analysis to better understand how climate change may impact their financial performance and the calculation of EPS. This can involve analyzing the potential impacts of physical and transition risks, as well as the potential opportunities presented by a transition to a low-carbon economy.
2. Adopt climate risk management strategies: Companies can adopt climate risk management strategies to reduce the potential impacts of climate change on their business operations and financial performance. This can involve investing in new technologies, improving energy efficiency, or developing new products or services that are less carbon-intensive.
3. Improve disclosure of climate-related information: Companies can improve their disclosure of climate-related information to provide investors and other stakeholders with more transparent and accurate information about the potential impacts of climate change on their financial performance. This can involve disclosing information on climate risks and opportunities, as well as the assumptions and estimates used in the calculation of EPS.
4. Align with global reporting standards: Companies can align their financial reporting with global reporting standards, such as the Task Force on Climate-related Financial Disclosures (TCFD) recommendations, to ensure that they are providing relevant and reliable information on climate risks and opportunities. This can help mitigate the impact of climate change on financial reporting and disclosure, including the calculation of EPS under IAS 33.

Overall, mitigating the climate impact on IAS 33 requires a comprehensive approach that considers the potential impacts of climate change on financial performance, the adoption of climate risk management strategies, improved disclosure of climate-related information, and alignment with global reporting standards. By taking these steps, companies can ensure that they are providing accurate and transparent information on their financial performance, including the calculation and disclosure of EPS.