News & Publications
Keeping you up to date
Climate Risk News & Publications
International climate change risk analysts XDI – The Cross Dependency Initiative – today released extreme weather and climate change physical risk statistics for all 34 million commercial and residential addresses in the UK. The report presents physical climate risk statistics including the geographical concentration of high-risk properties and the projected increases in insurance costs for 406 counties and equivalent areas.
Read report now – XDI Announces Climate Risk Data on 34 million UK Addresses to Support Mortgage Lenders
GPT Climate Disclosure Statement 2020 – TCFD. GPT is a listed property group ranked in the top 5% of real estate companies in the S&P Global Corporate Sustainability Assessment. They engaged XDI to assess climate risk to key parts of the property portfolio with a focus on adaptation interventions to ensure fit for purpose resilience over the asset’s lifetime. XDI worked closely with the GPT engineering team to address protection specifications for cyclone debris, roof drainage for increased monsoonal rainfall and insulation requirements to cope with increased temperatures and reduce aircon loads in Australia’s tropical north
Access the full statement – GPT Climate Disclosure Statement 2020
XDI’s analysis has been used in the NSW Treasury’s Technical Research Paper: An Indicative Assessment of Four Key Areas of Climate Risk. Along with 5 other technical papers, this analysis will be incorporated into NSW Treasury’s 2021 Intergenerational Report to be released later this year. The 2021 Intergenerational Report will inform policy advice addressing current and structural challenges that will impact NSW’s future economic growth and fiscal sustainability.
Access the full report – An indicative assessment of four key areas of climate risk for the 2021 NSW
Intergenerational Report
XDI recognised as a global provider of climate physical risk analysis within The Climate Risk Landscape: Mapping Climate-related Financial Risk Assessment Methodologies released by UN Environment Programme-Finance Initiative in February 2021.
Learn more about The Climate Risk Landscape Report
XDI named as one of the top 5 most significant providers within the critically emerging market for climate risk analytics within The Forrester New Wave: Climate Risk Analytics Report.
Learn more about the Forrester Report
Climate Change Risks to Australia’s Built Environment: A Second Pass Assessment, analyses climate risk to all 544 local government areas in Australia, assessing five hazards impacts to 15 million addresses. The report names the top ten municipalities most in need of climate change adaptation according to four key indicators including annual average losses from damage and number of “High Risk Properties”, determined in line with US Federal Emergency Management Agency classifications.
Click here to view the Executive Summary
Click here to view the Full Report
Featured News
Media
Media Release: XDI 1000 data set ranks global companies’ exposure to climate change
The XDI 1000, data set, ranks 1,000+ companies listed across eight global indices, including the ASX200, CAC 40, DAX, FTSE 350, HSI, NI 225, S&P
Flooding across eastern Australia prompts property investors to ask ‘pertinent’ questions
Climate risk analyst and the chief executive officer of firm Climate Valuation, Karl Mallon comments on the need for property buyers to understand the climate
Climate Change Risks to Australian Banks
The Reserve Bank of Australia combined XDIs national property risk data with Australian Bureau of Statistics and RBA data in this study on the impact
Property Value at Risk in Australian Climate Hot Spots, RBA Says
RBA economists note that it’s the rise in climate risk that isn’t yet reflected in property prices that’s key when considering the banks’ exposures in
Beautiful one day, uninsurable the next?
Future risk to houses and property; ABC talks to Dr Karl Mallon about Climate Valuations’s residential property risk ratings in low lying South East Queensland,
Australian government must protect young people from climate crisis harm, court declares
“Environment minister has 28 days to appeal historic ruling that carbon emissions from coalmine should not cause young people ‘personal injury or death’”
These electorates have the highest climate risk. So why are they less likely to demand more action?
“Australians in electorates that are generally more exposed to the impacts of climate change are less likely to demand more action, according to a comparison of survey results
Baringa’s Climate Change Scenario Model acquired by BlackRock
Key XDI reseller Baringa Partners today announced their entry into a definitive agreement for BlackRock to acquire and integrate Baringa’s industry-leading Climate Change Scenario Model into
Climate science on trial
Quantified health impacts of climate change accepted as evidence in Australia’s Federal Court Dr Karl Mallon provided expert witness in a landmark court case that
Climate change will cost a young Australian up to $245,000 over their lifetime
“This academic article details the expert evidence presented by Dr Karl Mallon and accepted in the Australian Federal Court on the financial impacts of climate
Tks to @indaily for this great profile: SA startup tackles financial impact of #climate change-While the Aust govt… https://t.co/bpbKgCnXoX
The many facets of #ClimateRisk. Here, the future cost of #climate inaction: "$2 trillion a year, says the US gover… https://t.co/lMZzG6T2Yc
We've added new clients in some amazing locations globally. We're learning as much as the learnings we share from C… https://t.co/M4mlgk2HDB
. @Harvardbiz on #climaterisk: How exposed is your supply chain? Biggest hidden costs for our clients: telco, tran… https://t.co/7KHy0xSfLH
Impressive #climaterisk data analysis worth checking out. #extremeweather https://t.co/wWXIYsoFG1
RT @ClimateValuati2: Climate Valuation conducted analysis of over 14 million Australian addresses to inform @climatecouncil's map released…
RT @DavidCarlin7: EBA launches discussion on the role of environmental risks in the prudential framework | European Banking Authority https…
. #Extremeheat #climaterisk happening before our eyes. Aside from the human costs, keep in mind that India is the w… https://t.co/u0kY00rvCr
RT @GreenBiz: We will be discussing the collaboration opportunities for insurance and policyholders in advancing #ESG initiatives during ou…
Add in $ too because ignoring #climatechange is dangerous, risky & expensive! "Climate must be about #risk, not abo… https://t.co/Rv5XDv4xPh