Best Climate Risk Software

The Oasis Loss Modelling Framework (Oasis LMF) is an open source catastrophe modeling platform designed to enhance risk assessment through transparency, performance, and innovation. Established as a not-for-profit organization, Oasis LMF offers a comprehensive suite of tools for developing, deploying, and executing catastrophe models without restrictions on modeling approaches. The platform includes a web-based user interface and an API for seamless integration with other systems, facilitating interoperability and ease of use. Core components such as Oasis ktools enable large-scale execution of catastrophe models, while the Oasis Model Development Toolkit supports model development and testing. Emphasizing community collaboration, Oasis LMF's ecosystem comprises over 18 suppliers offering more than 90 models, fostering a diverse and robust modeling environment.

The XDI Climate Risk Hub provides world-leading physical climate risk analysis on-demand. Features: Instantly view asset and portfolio risk ratings, 5 risk rating bands based on 10 hazards, Key metrics include Maximum Value at Risk and Productivity Loss. RCPs and NGFS scenarios, Annual analysis from 1990-2100, Spatial resolution of up to 5mx5m. Highly customisable. XDI uses a wide range of engineering, hazard, context, weather, climate and financial data to provide detailed physical risk insights. Asset engineering features vulnerable to damage or failure from hazards are based on 140 standard residential, commercial and industrial archetypes which can be amended to test adaptation responses. Hazard probabilities are calculated using historical weather data (1990 baseline) and local environmental context such as topography, flood mapping, soil composition and others, and the change in hazard severity and frequency as a result of climate model simulations (CMIP5 and CMIP6).

Jupiter is the market leader for climate risk analytics in key industries, including insurance, banking, asset management, real estate, energy, utilities and power, oil and gas, manufacturing, chemicals, mining, retail, agriculture, the public sector, and NGOs. Our best-in-science solutions deliver climate risk analysis of multiple perils, in spatial resolutions from portfolio to asset level, globally and across flexible time horizons and climate scenarios. Jupiter’s physical climate risk analytics have been adopted by at least one of the world’s five largest firms in asset management, banking, insurance, oil and gas, mining, power, and construction, as well as the government of the United States.

Fathom's Global Flood Map offers a comprehensive and robust set of hazard data and flood risk information worldwide. It covers all major flood perils, pluvial, fluvial, and coastal, at a ~30-meter resolution, providing depth and extent data for return periods ranging from 1 in 5 to 1 in 1000 years. The map includes climate dynamics, allowing users to assess flood hazards under various future scenarios up to the year 2100. Key features encompass multi-peril flood layers, advanced terrain data through the FABDEM+ digital elevation model, and flexible access options via API, portal, or on-premise hosting. The platform is designed for sectors such as insurance, engineering, financial markets, corporate entities, and international development, enabling them to integrate flood hazard and climate change data into their risk operations effectively. Fathom's commitment to scientific rigor ensures that its models are validated and published in leading academic journals.

First Street Foundation is a non-profit organization dedicated to quantifying and communicating climate risk across the United States. By leveraging advanced climate science and engineering methodologies, the foundation provides detailed assessments of various environmental hazards, including flood, wildfire, wind, extreme heat, and air quality. Our mission is to make climate risk accessible, easy to understand, and actionable for individuals, governments, and industries. Through comprehensive data and analysis, First Street Foundation aims to bridge the gap between climate change and financial risk, enabling informed decision-making and proactive risk management. Our hazard models are purpose-built and peer-reviewed. They cover flooding (surge, pluvial, fluvial, tidal), hurricane winds, wildfire (ember flux and flame length), extreme heat, and air quality (ozone and PM2.5).

CoreLogic's Catastrophe Risk Solutions integrates cutting-edge scientific research, extensive engineering expertise, and a vast repository of claims and exposure data to deliver an unparalleled perspective on global catastrophe risk. Spanning six continents and over 100 countries, with more than 185 high-fidelity models, these solutions offer detailed insights into various perils, including floods, wildfires, severe convective storms, earthquakes, hurricanes, typhoons, and extra-tropical cyclones. The Navigate platform, a cloud-based analytical portal, provides insurers and reinsurers with rapid data processing, enhanced scalability, and precise risk assessments at the property level. Navigate's flexible, API-first architecture ensures seamless integration and consistent model outputs across CoreLogic platforms, facilitating efficient risk evaluation and informed decision-making.

Spectra, developed by Climate X, is an award-winning climate risk analytics platform designed to translate physical climate risks into actionable financial loss metrics at both asset and portfolio levels. Serving industries such as banking, real estate, and financial services, Spectra enables organizations to quantify the profit and loss impact of climate-related events, thereby enhancing competitiveness through on-demand financial impact analysis. The platform integrates evolving climate projections with proprietary building vulnerability data, covering over 1.5 billion assets worldwide. Users can access Spectra via a user-friendly web interface or through an Enterprise API, facilitating seamless integration into existing risk management frameworks. Spectra's scalable solution supports short and long-term physical risk assessments, aligning with Model Risk Management (MRM) standards and ensuring robust security protocols through regular model reviews and ISO certifications.

Climate X's Adapt is an innovative, cloud-based platform designed to streamline climate adaptation planning by providing instant access to asset-level climate risk data and return on investment forecasts for adaptation solutions. By integrating this tool into your investment cycle, you can perform comprehensive risk assessments, explore various adaptation strategies, and download detailed data reports in CSV format within minutes, eliminating the need for costly and time-consuming third-party consultations. Adapt's user-friendly interface allows for quick progression through acquisition or due diligence processes, enabling you to make informed decisions swiftly. The platform adheres to ISO 14090/14091 standards and aligns with UNFCCC, EU Taxonomy, and Technical Guidance, ensuring compliance and promoting resilience in your portfolio. Key features include on-demand adaptation data, ROI analysis, and the ability to visualize pre- and post-adaptation risk metrics.