EarthScan: Revolutionizing Climate Risk Management
EarthScan is a cutting-edge climate risk analytics and intelligence software that is transforming the way businesses approach and manage climate-related risks. This powerful tool leverages data modelling, machine learning, and state-of-the-art climate science to provide customized analyses of the climate risks threatening business assets.
The software offers a range of features that make it an invaluable asset for businesses. With global coverage, it allows users to dive into climate hazard probabilities anywhere on the planet using a globally-consistent, standardized methodology. It also provides multiple time horizons and climate scenarios, baseline insights from 1970 to 2100 in 5-year increments across 3 different scenarios, and up to 90 meters resolution across risk categories. This enables businesses to understand how climate hazards could intensify at spatial resolutions applicable to each hazard.
EarthScan covers 7 climate-related risks categories across acute and chronic hazards, including heat stress, drought, wildfire, flooding (coastal and riverine), extreme wind, and precipitation. It also offers asset and portfolio-level insights, allowing businesses to calculate their Climate Value at Risk for their portfolio of assets. In addition, the software enables users to meet disclosure requirements, analyse present and future locations in their value chain, and make informed investment decisions.
The onboarding process is simple and straightforward. Users can upload a CSV file with a list of the locations of their assets and gain insight in just a few clicks. They can select the asset of their choice and view insights at a glance or go in-depth to understand their exposure to climate risk at the asset and portfolio levels. The software also allows users to download CSRD, TCFD / ISSB or EU-aligned reports for regulatory disclosure.
EarthScan has been trusted by companies in various industries, including real estate, asset management, retail, and manufacturing. It helps these companies gain insight into their individual exposure to climate risk and stay compliant with regulatory reporting requirements. For example, Arjun Infrastructure Partners, a London-based investment manager with USD 6 Bn of Assets under Management, uses EarthScan to embed climate risk assessment into pre-transaction due diligence and stay compliant with CSRD, TCFD / ISSB and EU Taxonomy regulatory disclosures.
In conclusion, EarthScan is a game-changer in the field of climate risk management. It provides businesses with the tools and insights they need to make informed decisions and take proactive steps to mitigate the impact of climate change on their assets and operations.
