Model physical and transition risks, run scenario simulations, and orc
The Climate Risk Landscape identifies key threats, categorized as acute events like hurricanes, floods, wildfires, and heatwaves.
This Command Center allows us to model these risks alongside ‘transition’ risks – those stemming from societal shifts towards a low-carbon economy.
IPCC Representative Concentration Pathways (RCPs).
We utilize Company-defined resilience scenarios, designed to test our preparedness for various climate outcomes.
Hazard intensity maps and probabilistic modeling provide a detailed understanding of potential impacts across different regions.
Industry-specific regulatory requirements.
Cross-functional climate councils ensure alignment with evolving regulations and standards.
Partner ecosystems facilitate data sharing, enabling comprehensive risk assessments and collaborative solutions.
Frequently asked questions
What are the key risks assessed within this Command Center?
Frequently Asked Questions
How do we source climate data for our simulations?
We combine public datasets from organizations like IPCC, NASA, and NOAA with commercial datasets. This approach ensures thorough coverage, accurate resolution, and regular updates to maintain model reliability.
At what frequency should the models be updated to reflect changing conditions?
Models require annual review or whenever new scenarios or regulations emerge. We continuously monitor data drift and recalibrate the models as needed to guarantee accurate predictions and informed decision-making.
How does this Climate Risk Analytics Command Center integrate with existing enterprise risk management processes?
The outputs from this Command Center are seamlessly embedded into existing Enterprise Risk Management (ERM) dashboards, capital planning strategies, and board reporting. This integration ensures alignment with established risk taxonomies and facilitates a holistic view of potential climate-related impacts.
▶ Try it live
Everything above runs in your browser — open Hash Function Avalanche Visualizer and change the parameters while it is running. Nothing is installed, nothing is uploaded, the whole model lives in one tab.