WE ARE THE CROSS DEPENDENCY INITIATIVE
We live in a interdependent world with a changing climate. If one falls, many fall.
We recognise that our buildings and infrastructure are directly vulnerable to extreme weather and climate change, but also require other supporting infrastructure in order to function. So, we need a safe-space where the risks to complex webs of assets can be understood individually and collectively. Where climate science and weather data is interoperable with engineering information and financial analysis. Where sophisticated mathematics, makes decisions simple. Where asset owners with shared risks find shared solutions. XDI is that space.
The XDI Platform provides governments and business with risk analytics to optimise investments and assure climate resilience. We engage multiple parties across multiple sectors, in a single quantitative system, to engender collaborative solutions.
XDI is a globally unique bridge between complex climate science and hard financial analysis. The award winning and patented XDI Platfrom is anchored in robust actuarial methods that asses the risks to each individual asset. We capture engineering and design data about assets so that we know the conditions under which they will fail, and then access historical and future weather data to calculate the statistical probability of failure and damage every year of the next century. We run this calculations on high-speed cloud based Climate Risk Engines, that execute analysis of hundreds of assets in minutes that would take an individual engineer days and weeks to perform.
The XDI Platform analyses: Buildings, Roads, Water and Wastewater assets, Rail infrastructure and telecommunications.
XDI can test for: Flooding, coastal inundation (with sea level rise), forest fire, heat waves and wind extremes. Lightening and drought damage are currently under development
Our system provides multi-year projections of:
- Insurance cost / annual average risk cost
- Asset availability
- KPIs on customer and revenue disruption
- Adaptation cost benefit analysis
- Discounted cost-benefit and NPV
- Hazard impact allocations
- Asset vulnerability diagnostics
PRODUCT 1: XDI's TCFD DASHBOARD
The XDI TCFD Dashboard provides a Risk Assurance statement that confirms the organisation is achieving its forward looking risk tolerance - and if not, why not.
XDI's TCFD Dashboard centralises all climate risk analytic outputs and structures the reporting in line with the recommendations of the Financial Stability Board's - Taskforce on Climate Related Financial Disclosures ( physical risks). The dashboard also includes adaptation governance tracking and sector benchmarks.
The Dashboard is where you set out the chosen strategy and report progress. It is not a place where you do development and modelling, that is done in the XDI Climate Adaptation System which we present below.
XDI CLIMATE ADAPTATION SYSTEM
XDI's Climate Adaptation System is where adaptation actions are developed and tested. Its where the timing and costs of actions are optimised. Its where actions are woven together to create pathways. Its where KPIs and the Net Present Value for each pathway can be compared to ensure the final choice meets the needs and expectations of the organisation.
The XDI Climate Adaptation System is a living space. Your asset managers add or update assets in the system when things change. We keep up to date with weather, climate and engineering data so that you always have the best analysis at your fingertips.
Heat Mapping of Risk
The XDI Climate Adaptation System has multiple visual communication capabilities to demonstrate pathway option outcomes.
This heat map visualisation above shows assets as circle outlines. The change in colour shows the evolution in failure risk costs year on year, with empty circle having no cost, blue representing less costs and green / yellow representing high costs.
The XDI Climate Adaptation System captures the organisation's preferred adaptation pathway and reports that within the TCFD dashboard. It also tracks where the organisation is achieving its planned trajectory and risk targets.
The System can also be used to test and refine hypothetical assets like new developments or proposed infrastructure.
The XDI Climate Adaptation System operates on the XDI Platform and is usually delivered as Software as a Service (SaaS) from our secure cloud servers.
We are currently deploying the XDI technology in government projects in three Australian States- New South Wales, Victoria and Queensland.
This will include the world’s first city-wide climate cross dependency model. XDI-Sydney participants include the City of Sydney, Office of Environment and Heritage, Roads and Maritime Service, Sydney Trains. Technical advisers and observers include The Federal Department of Defence, NBN Co, IPWEA, the Office of the Chief Scientist and Infrastructure NSW.
The XDI technology is also being trialled at a national level in Fiji, Samoa and Papua New Guinea (under an ADB funded program with international NGO Waterlinks). Advance negotiations are underway for two city trials in North America.
XDI has won its first project in Europe which commences 2018. This will be executed with London based Climate Bonds Initiative under innovation funding from Climate KIC (Europe).
Facility Scale: Mount Crosby
Utility Scale: Sydney Water
City Scale: XDI Sydney
Rohan Hamden - Director, Projects - email@example.com - mob 0422 394 679
Dr Karl Mallon - Director, Science and Engineering - firstname.lastname@example.org - mob 0412 257 521
Jackie Lamb - Manager, SaaS Deployment - email@example.com - mob 0433 807 812