Built on science and trusted data
Focused on Decisions for CROs and CFOs
You don't need another climate scenario.
You need to know what happens to your business.
Climate risk affects every company. The questions are how much, whether you know where, and if you can quantify it, monetize it and manage it.
Your board won't read another climate report. They will ask one question: "So what?"
Cost - Benefit Investment Valuation
The ultimate objective using RiskClima is to be able as a CFO or CRO, to answer the following six quantitative questions. In essence, RiskClima, will provide the most critical financial figures, for you to be able to decide on an investment of identifying the monetary amount of climate risks and then to calculate the costs of mitigating those risks along with the opportunities if you combat your climate exposures. This in turn will allow you to evaluate investment scenarios and conclude informed decisions.
Combining scientific rigor with intuitive design, RiskClima delivers enterprise-grade investment performance at an optimal cost-to-value ratio.
Example of Risk Assessment:
Under 3°C scenario:
+ Risk exposure: €X
- Adaptation costs: €Y
- Transition costs: €Z
- Opportunities: €A
= Net economic impact: €B
Your climate change future impact is coming.
The only uncertainty is whether you'll be prepared.
RiskClima combines climate science, data engineering and AI analytics to transform climate information into actionable risk intelligence for a more resilient future.
Traditional Risk Management Methodologies and Tools fail to address Risks resulting from climate change events. These methodologies are not able to accommodate extended future periods, such as the year 2050 which by definition is out of reach for most business planning tools.
The prevailing "technology" in Risk Management and Planning today are the traditional spreadsheets! However all businesses are experiencing the same problem: Spreadsheets reach very soon their limits in processing various kinds of data, modelling the future, communicating with external databases, allowing historical and future projections, providing dynamic visualisations and other limitations pertinent to a spreadsheet.
Using spreadsheets you cannot manage milestones of climate activity to the year 2050!
Incorporating Best Practices from two worlds:
Risk Management and Climate Change.
It provides a clear view of how climate events may affect your business, cross-referenced with relevant risks, quantified in financial terms and prioritised by impact.
It also recommends adaptation and mitigation actions to help you build a comprehensive strategy.
The Road to Net Zero: What It Means for Business
2020
Climate regulation accelerates.
Climate impacts intensify worldwide.
Governments, Stakeholders and Investors develop transition plans and begin allocating capital towards climate action and resilience.
2030
Key interim Milestone.
Businesses and organisations accelerate greenhouse-gas emissions reductions and work towards near-term climate targets.
Investment in decarbonisation, adaptation and climate-resilient solutions continues to grow.
2040
Advanced Transition Milestone
Industries significantly reduce their reliance on fossil fuels, accelerate the adoption of low-emission energy sources, and scale up the use of near-zero-emission materials and production processes.
2050
Net zero Destination
Net-zero targets are achieved across major economies and sectors.
The transition to clean energy, low-carbon materials and near-zero-emission production delivers long-term economic, environmental and resilience benefits.
Data Science applied in Risk Management
RiskClima is a cloud-based platform built around a comprehensive set of knowledge libraries covering risks, opportunities, metrics, performance indicators and recommended actions.
These are enriched with internal and external databases containing scientific, technical and business-relevant data, enabling RiskClima to create robust, business-specific models for managing climate-related issues.
The platform supports the development of tailored action plans for both adaptation—through effective climate risk management—and mitigation, including measures to reduce carbon emissions and the organisation’s carbon footprint.
Beyond ESG
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Geospatial Hazard Analysis
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Risk Templates
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Vulnerability Factors
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Controls' effectiveness
- Monetized Risks
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Modelling to the year 2050
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Adaptation and Mitigation Actions
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AI driven Mitigation Plans
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User defined Reports
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Visualisation Dashboards
Getting Started
RiskClima is a fully Software-as-a-Service (SaaS) platform, providing users complete control over its functionality from start to finish.
Simply select the plan that best suits your needs and complete your subscription. Once your account is activated, you receive secure access to the platform and can start using RiskClima immediately.
For more specific requirements, our support team is also available to provide assistance and develop tailor-made solutions.