XDI named ‘Best Sustainable Finance & Climate Solution’ in Regulation Asia Awards

Recognition highlights expertise in turning complex climate science into practical tools for reporting, due diligence and resilience investment.

XDI (Cross Dependency Initiative) has won Best Sustainable Finance & Climate Solution at the Regulation Asia Awards for Excellence 2026 in Hong Kong, just two weeks after being named Climate Data Provider of the Year at the InsuranceERM Climate Risk & Sustainability Awards 2026.

XDI Founder Dr Karl Mallon is in Hong Kong to receive the latest award.

“These awards recognise the incredible work our team has put into making complex physical climate risk analysis accessible and actionable, with financial metrics delivered on demand through the XDI Climate Risk Hub.

“Whether you’re a bank, an investor, an asset owner or a consultant helping clients meet reporting requirements, the Hub gives you secure access to high-quality analysis of assets located anywhere in the world, in the form you need, when you need it,” Mallon said.

Established in 2017 by a team working on physical climate risk since 2007, XDI combines climate science, engineering and technology to quantify how extreme weather and climate change can damage buildings and disrupt operations now and into the future.

The XDI Climate Risk Hub makes this analysis available on demand, from individual buildings to portfolios of thousands of assets. Its Automated Resilience capability helps users identify where changes to building specifications could deliver the greatest reduction in modelled risk.

XDI’s international track record includes developing the Hong Kong Monetary Authority (HKMA) Physical Risk Assessment Platform -  extending on-demand analysis to all Hong Kong banks - and recent collaborations with Morningstar Sustainalytics and Veridion to develop financially relevant physical risk metrics for investors. Other international clients include Meta, HSBC, Westpac, Savills and Legal & General. 

In Australia, XDI is expanding partnerships with consulting firms supporting clients with AASB S2 climate reporting, due diligence and adaptation planning. Consultants can incorporate XDI analysis into their own services, retaining the client relationship while accessing specialist analytics and methodology documentation to support assurance review. Just this month XDI has entered into partnerships with Edge Impact and SumClimate.

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