Sustainability intelligence firm Risilience has been recognised as ‘Smart Innovator’ by independent research firm Verdantix in its Physical Climate Risk Solutions report.
Among the various judging criteria, the report identifies Risilience as having market-leading functionality with comprehensive coverage and product differentiation in business model/strategy risk analysis. The company also received the highest scores for integrated physical and transition risk analysis, integrated climate and non-climate risk analysis, and adaptation-relevant metrics.“ This recognition from Verdantix validates our analytical approach to climate risk, particularly our methodology for translating climate impacts into business-relevant metrics and strategic implications,” commented Risilience CEO Dr Andrew Coburn.
“The findings demonstrate a growing sophistication in how organisations assess climate risks, moving beyond asset-level hazard analysis toward integrated assessments that inform strategic decision-making. Businesses that integrate climate considerations into their strategy formulation are better positioned to navigate both transition risks and physical impacts, creating competitive advantage, while meeting stakeholder expectations for climate action.”
The award-winning technology firm performed well in all categories of the report, which provides a comprehensive benchmark of 19 different providers across multiple capability areas including short-term climate risk analysis, long-term climate risk analysis, integrated risk assessment and adaptation and resilience planning.
Demand for climate-risk management has increased in recent years, driven by extreme weather events, investor demand, climate disclosure and changing policy landscapes.
Risilience’s sustainability intelligence platform turns data into actionable insights, empowering organisations to understand and quantify the scope, magnitude and timescale of climate-and-nature-related risks in relation to their strategies and operations. This allows companies to measure and balance the potential financial impacts with the cost of transitioning their business to operate more profitably in a net-zero, nature-positive economy.
Incubated at the Cambridge Centre for Risk Studies at the University of Cambridge Judge Business School, Risilience now works with many of the enterprise world leaders in transforming themselves for the low-carbon economy, including Nestlé, Burberry, Coca-Cola Europacific Partners, Reckitt, easyJet and Tesco.
Source: Smart Innovators: Physical Climate Risk Solutions