Putting Climate Risks into The Spotlight

The latest from Zurich Resilience as they offer companies and public sector departments extra data and advice on climate related risks;

Zurich Resilience Solutions, the commercial risk advisory and services unit of Zurich Insurance Group (Zurich), has launched Climate Spotlight, an interactive digital solution that leverages climate data to provide businesses, municipalities and other public entities with insights to better anticipate, mitigate and manage their climate risks and build resilience.

Amar Rahman, Global Head of Climate & Sustainability Solutions at Zurich Resilience Solutions, said: “Understanding your climate risk exposure and developing effective strategies for mitigation and adaptation is of strategic importance. Climate Spotlight caters to the needs of companies and public entities by giving them access to state-of-the-art climate risk data and analysis in a flexible and accessible manner that empowers them to take action and safeguard their people and assets.”

Climate Spotlight includes two key products:

• Climate Spotlight Core: Allows organizations and public entities to access a live, self-serve dashboard, providing a fast and flexible way to identify climate risk exposure for up to 100 different sites worldwide.
• Climate Spotlight Expert: Includes additional customization, like the choice of business- and exposure-related metrics, vulnerability data, the ability to analyze any number of sites, and consultation with in-house climate risk experts throughout the process.

Climate Spotlight provides a clear understanding of climate change-related exposures for both strategic and operational decisions. It also delivers insights and data necessary for climate reporting, covering four different climate change scenarios up to the year 2100. This analysis includes risk identification, risk materiality and hazard evolution, which is aligned with CSRD¹ requirements and can be integrated directly into the TCFD² framework.

The launch of Climate Spotlight aligns with Zurich’s commitment to both support customers in their climate transition and to help them to better manage climate risks and build resilience.

For further information, visit the Climate Spotlight website.