ClimoRisk offers a climate risk intelligence platform that ingests multi‑hazard data and applies calibrated damage functions to estimate monetary loss for commercial real‑estate assets. It aggregates these losses into a Climate Value at Risk metric for loan pricing, stress‑testing, and regulatory reporting, delivered through an interactive dashboard and API and aligned with IFRS S2 and PCAF standards.
Funding
Funding not disclosed
Founders
Product
Problem
Financial institutions and commercial‑real‑estate owners lack a systematic way to translate raw climate hazard data into monetary loss estimates, making loan pricing, portfolio stress‑testing, and regulatory reporting imprecise and time‑consuming. Existing risk tools often stop at exposure mapping and omit calibrated damage functions, resulting in gaps between physical risk and financial impact.
Solution
ClimoRisk delivers a Climate Risk Intelligence platform that ingests multi‑hazard layers (flood, extreme heat, drought, cyclone, etc.) and applies hazard‑specific, calibrated damage functions to convert physical intensity into estimated financial loss. The platform aggregates these losses into a single Climate Value at Risk (CVaR) metric per asset, enabling lenders, asset managers, and insurers to incorporate climate risk directly into loan pricing, stress‑testing models, and mandatory disclosures. Users can run analyses under current conditions and forward‑looking IPCC scenarios, with results presented through an interactive web dashboard and accessible via a RESTful API for integration with existing risk‑management systems. The solution is IFRS S2‑ready and aligned with the PCAF framework, ensuring compliance with emerging climate‑reporting standards.
Target Audience
Primary customers are banks, lenders, insurers, and asset‑management firms that underwrite or hold commercial‑real‑estate portfolios, as well as CRE owners and property managers seeking quantitative climate‑risk insights.
Features
- Asset‑level exposure mapping against a curated set of physical hazard layers, including flood inundation depth, wet‑bulb temperature, drought indices, and cyclone wind speed
- Calibrated, hazard‑specific damage functions that translate intensity metrics into monetary loss estimates (e.g., structural loss per foot of flood depth, productivity loss per wet‑bulb exceedance)
- Event‑level loss estimation preserving distinct hazard contributions for granular risk attribution
- Climate Value at Risk (CVaR) aggregation that produces a comparable, portfolio‑wide risk figure for pricing and stress‑testing
- Forward‑looking scenario engine powered by IPCC climate pathways, enabling multi‑year risk projections
- Cloud‑native analytics dashboard with heat‑map visualizations, trend analytics, and exportable reports; role‑based access controls ensure data security
- Open API (REST/GraphQL) for seamless integration with loan‑origination, asset‑management, and ESG reporting platforms
- Built‑in compliance modules aligned with IFRS S2 and the PCAF methodology, supporting mandatory climate disclosures