Zurich Resilience Solutions (ZRS), the commercial risk advisory and services unit of global insurer Zurich Insurance Group, has launched Climate Spotlight, an interactive digital solution leveraging climate data to provide businesses, municipalities, and public entities with insights to better anticipate, mitigate, and manage their climate risks while enhancing resilience.
The solution includes two key products, Climate Spotlight Core, allows organisations and public entities access to a live, self-serve dashboard. It provides a fast and flexible way to identify climate risk exposure across up to 100 different sites worldwide.
The other product is Climate Spotlight Expert which includes additional customisation, including choice of business and exposure-related metrics, vulnerability data, the ability to analyse any number of sites. It also includes consultation with in-house climate risk experts throughout the process.
Climate Spotlight aims to provide a clear understanding of climate change-related exposures for both strategic and operational decisions. It also delivers insights and data necessary for climate reporting, covering four different climate change scenarios up to the year 2100.
This analysis includes risk identification, risk materiality and hazard evolution, which is aligned with CSRD1 requirements and can be integrated directly into the TCFD2 framework.
Amar Rahman, Global Head of Climate & Sustainability Solutions at Zurich Resilience Solutions, commented, “Understanding your climate risk exposure and developing effective strategies for mitigation and adaptation is of strategic importance.
“Climate Spotlight caters to the needs of companies and public entities by giving them access to state-of-the-art climate risk data and analysis in a flexible and accessible manner that empowers them to take action and safeguard their people and assets.”
This launch aligns with Zurich’s commitment to both support customers in their climate transition and to help them better manage climate risks and build resilience.
