reScope provides an interactive platform that integrates climate data and models to help companies and investors quantify and report on transition risks associated with climate change. By focusing on NGFS scenarios, the platform enables users to identify carbon mitigation strategies and enhance the resilience of their investment portfolios.
Funding
$140K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Companies and investors face increasing pressure to understand and report on the financial risks associated with the transition to a low-carbon economy. Quantifying these transition risks and identifying effective carbon mitigation strategies requires integrating complex climate data and models, which can be challenging and resource-intensive.
Solution
reScope offers a platform designed to help companies and investors quantify and report on transition risks related to climate change. The platform integrates climate data and models, specifically focusing on Network for Greening the Financial System (NGFS) scenarios, to provide users with insights into potential financial impacts. By leveraging these scenarios, users can identify and evaluate various carbon mitigation strategies to enhance the resilience of their investment portfolios and business operations. The platform aims to simplify the process of assessing climate-related financial risks and supports informed decision-making in the context of a changing climate.
Target Audience
The primary users are companies and investors seeking to understand, quantify, and report on the financial risks associated with the transition to a low-carbon economy.
Features
- Integration of NGFS climate scenarios for transition risk assessment
- Tools for quantifying financial impacts under different climate pathways
- Identification and evaluation of carbon mitigation strategies
- Reporting capabilities for disclosing climate-related financial risks