Jupiter Intelligence Debuts Innovative Offerings Allowing Financial Institutions and Investors to Measure Climate-Related Risks Accurately
In response to the accelerating impacts of climate change and severe weather events worldwide, Jupiter Intelligence has launched a series of new tools integrated into their ClimateScore Global platform. These tools are designed to help banks and asset managers quantify physical climate risk within their portfolios and calculate the return on investment (ROI) on resilience investments.
The key new tools introduced are:
- Jupiter Adaptation Hub: This tool quantifies avoided losses and calculates ROI across more than 10 adaptation strategies, enabling financial institutions to move from risk awareness to action with data on adaptation costs, effectiveness, and returns.
- Jupiter Entity Modeling: This tool provides climate risk insights across various entities including securities, funds, corporations, and investment vehicles, giving firms competitive visibility and strategic advantage.
- Jupiter MetricEngine: This tool offers scenario-specific modeling outputs such as custom return periods, exceedance probabilities, daily threshold counts, and loss distributions, allowing detailed climate risk assessment including drought, precipitation, and synthetic weather year simulation.
- Subsidence Peril Metric: This metric models structural risks from soil moisture fluctuations in clay-rich soils and estimates average annual damage based on foundation type and construction materials.
The platform also includes Jupiter AI, an AI-powered agent designed to speed up and simplify climate risk analysis. The models and methodology have been validated by major financial institutions for integration into their enterprise risk management systems.
The new features provide the precision and defensibility that investment committees, regulators, and boards now require. Financial institutions and institutional investors are seeking to quantify climate risk and model their response strategies due to the increasing damage and financial impact of climate change.
Jupiter Intelligence's ClimateScore Global climate analytics platform was launched in 2020 to enable financial institutions to understand and respond to physical climate risks. The new capabilities are part of this platform and are intended to help customers lead their sectors in climate-informed decision-making.
References:
[1] Jupiter Intelligence. (n.d.). Jupiter Adaptation Hub. Retrieved from https://www.jupiterintelligence.com/solutions/jupiter-adaptation-hub/
[2] Jupiter Intelligence. (n.d.). Jupiter Entity Modeling. Retrieved from https://www.jupiterintelligence.com/solutions/jupiter-entity-modeling/
[3] Jupiter Intelligence. (n.d.). Jupiter MetricEngine. Retrieved from https://www.jupiterintelligence.com/solutions/jupiter-metricengine/
[4] Jupiter Intelligence. (n.d.). Subsidence Peril Metric. Retrieved from https://www.jupiterintelligence.com/solutions/subsidence-peril-metric/
- The Jupiter Adaptation Hub, a new tool in Jupiter Intelligence's ClimateScore Global platform, allows financial institutions to quantify the return on investment (ROI) on adaptation strategies pertaining to climate change, providing data on costs, effectiveness, and returns.
- In addition to the Adaptation Hub, Jupiter Intelligence's ClimateScore Global platform also includes the Jupiter Entity Modeling tool, which provides climate risk insights across various entities, offering firms a strategic advantage in the realm of environmental-science and business.
- With Jupiter MetricEngine, users can perform scenario-specific modeling, assessing detailed climate risk, such as drought, precipitation, and synthetic weather year simulation, thereby facilitating technology-driven climate change analysis in finance and investment.