Zurich Resilience Solutions (ZRS), the commercial risk advisory and services unit of Zurich, and South Pole, a climate solutions provider and carbon project developer, have teamed up to support businesses with climate adaptation and mitigation.
According to the announcement, the joint offering will help businesses tackle both sides of the climate challenge at the same time, with solutions that help them to define and execute their short- and long-term climate resilience objectives as well as their net-zero goals.
It will focus on measuring physical climate risk and emissions, helping to establish a strategy to reduce each, and oversee the implementation of solutions that meet a company’s goals and local regulatory and sustainability reporting requirements, Zurich explained.
Hanno Mijer, Global Head of Zurich Resilience Solutions, commented: “Defining and deploying effective climate adaptation and mitigation strategies requires special knowhow and can be extremely complex and time-consuming, even more so for multinationals.
“Demand for climate resilience services has grown exponentially in recent years. Collaborating with South Pole will allow us to address climate-related risks holistically by supporting customers on their net-zero journey as well as resilience.”
The offering will initially be available in the U.S., Germany and Switzerland.
Hanno Mijer, Global Head of Zurich Resilience Solutions, said: “Defining and deploying effective climate adaptation and mitigation strategies requires special knowhow and can be extremely complex and time-consuming, even more so for multinationals.
“Demand for climate resilience services has grown exponentially in recent years. Collaborating with South Pole will allow us to address climate-related risks holistically by supporting customers on their net-zero journey as well as resilience.”
Renat Heuberger, CEO, South Pole, added: “Companies that fail to demonstrate their progress in building resilience and reducing emissions will likely pay the price both reputationally and financially.
“But knowing where to start can be difficult. We are pleased to combine South Pole’s best-in-class climate advisory with Zurich Resilience Solutions’ expertise in resilience to steer corporate leaders toward effective mitigation and adaptation efforts – both for commercial success and for climate protection.”
