Cervest provides a cloud-based platform that utilizes AI to deliver on-demand climate risk analysis, enabling organizations to assess their exposure to hazards like flooding and drought at both asset and portfolio levels. This technology facilitates compliance with regulatory reporting requirements and informs investment decisions by offering insights into climate-related risks across multiple scenarios and time horizons.
Funding
Funding not disclosed
Founders
Product
Problem
Organizations face increasing pressure to understand and disclose their exposure to climate-related risks, such as flooding, drought, and extreme temperatures, across their assets and supply chains. Accurately assessing these risks requires analyzing complex climate data across multiple time horizons and scenarios, which can be time-consuming and resource-intensive. Existing methods often lack the granularity and global consistency needed for effective risk management and regulatory compliance.
Solution
Cervest's EarthScan platform provides on-demand climate risk analysis, enabling organizations to evaluate their exposure to a range of climate hazards at both asset and portfolio levels. The cloud-based platform uses AI and standardized methodologies to deliver globally consistent insights, covering multiple time horizons and climate scenarios from 1970 to 2100. Users can upload asset locations via CSV files and gain immediate insight into climate risks, facilitating informed investment decisions, regulatory reporting (CSRD, TCFD/ISSB), and due diligence analysis. EarthScan helps companies minimize future risk, lower insurance and maintenance costs, and build resilience across their value chains.
Target Audience
The primary target audience includes companies in asset management, real estate, retail, and manufacturing, as well as climate and risk consulting firms, and ESG teams needing to analyze and disclose climate risk exposure across their portfolios and supply chains.
Features
- Global coverage with standardized methodology for consistent risk assessment worldwide.
- Analysis across multiple time horizons (1970-2100 in 5-year increments) and climate scenarios.
- High-resolution risk mapping (up to 90 meters) across various climate hazard categories.
- Assessment of seven climate-related risk categories, including heat stress, drought, wildfire, and flooding.
- Climate Value at Risk calculation for asset portfolios.
- Reporting aligned with CSRD, TCFD/ISSB, and EU taxonomy frameworks.
- API access for integration with existing systems and workflows.
- Pre-mapped data for 500 million assets, with the ability to add custom asset locations.