Zurich Resilience Solutions, the commercial risk advisory and services unit of
The offering is initially available in
The frequency, duration and severity of extreme weather events have increased and pose a growing threat to businesses and communities around the world. Consumer behavior is shifting towards more climate-friendly products and services, while investors and regulators are demanding more sustainable business practices and transparent reporting from companies.
In this evolving environment, it is increasingly important that businesses address both physical climate risks and transition risks. Transition risks include policy changes, reputational impacts, and shifts in market preferences, norms and technology. Having a holistic approach to climate change risk can help companies to better protect their assets, operations, employees and the communities in which they work, while complying with relevant reporting standards, frameworks and regulations.
This new offering combines Zurich Resilience Solutions' physical risk assessment with
At the core of the combined services is a customized climate scenario analysis to identify material exposures and assess financial impacts across the entire value chain. This will help businesses to evaluate and implement adaptation and mitigation measures to support their natural hazards-related loss prevention strategies, long-term climate change-related investment strategies, and regulatory sustainability reporting frameworks.
Further information
Climate Risk Assessment by Zurich Resilience Solutions &
Contacts
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