Strategic Focus: Mapping Physical Climate Risk Solutions To Corporate Needs

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Executive Summary

As corporates increasingly turn their attention to physical climate risk, vendors rush to provide solutions, creating a complex and hard-to-navigate market. This report helps climate leaders at firms understand the primary use cases that solutions for physical climate risk can support, from complying with regulations to fully integrated enterprise risk management. In this report, we map climate risk solutions to specific business use cases and elaborate on the value of using these tools, such as gaining actionable insights and increasing capacity to manage climate risks. Buyers and vendors of physical climate risk solutions can use this report to better understand how climate software, data and services create value for corporates.
Corporates must understand how physical climate risk solutions can align with their needs
Firms’ requirements for physical climate risk solutions differ by industry, timescale and asset types
Relevant use cases depend on corporate climate risk maturity
Physical climate risk solutions map to corporate needs
The landscape of physical climate risk solutions is varied
Tools support corporates in developing climate risk capabilities
Figure 1. Physical climate risk use cases by high and low maturity
Figure 2. Physical climate risk solutions address a wide range of business use cases

About the Authors

Emma Cutler

Emma Cutler

Principal Analyst

Emma is a Principal Analyst at Verdantix, with a current research agenda focusing on solutions for climate risk management. She has a background in simulation and statistical ...

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Ryan Skinner

Ryan Skinner

Research Director

Ryan is a Research Director at Verdantix, where he leads a team of analysts delivering research, data and advisory services that help clients navigate the fast-evolving landsc...

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