Zurich launches new digital solution to help customers uncover climate risks up to the year 2100
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.
1 Corporate Sustainability Reporting Directive
2 Task Force on Climate-Related Financial Disclosures
Contacts
- Media Relations
Zurich Insurance Group (Zurich) is a leading multi-line insurer serving people and businesses in more than 200 countries and territories. Founded 150 years ago, Zurich is transforming insurance. In addition to providing insurance protection, Zurich is increasingly offering prevention services such as those that promote wellbeing and enhance climate resilience.
Reflecting its purpose to ‘create a brighter future together,’ Zurich aspires to be one of the most responsible and impactful businesses in the world. It is targeting net-zero emissions by 2050 and has the highest-possible ESG rating from MSCI. In 2020, Zurich launched the Zurich Forest project to support reforestation and biodiversity restoration in Brazil.
The Group has about 60,000 employees and is headquartered in Zurich, Switzerland. Zurich Insurance Group Ltd (ZURN), is listed on the SIX Swiss Exchange and has a level I American Depositary Receipt (ZURVY) program, which is traded over-the-counter on OTCQX. Further information is available at www.zurich.com.