Zurich Resilience Solutions, the commercial risk advisory and services unit of Zurich Insurance, has launched an interactive digital solution that utilises climate data to provide businesses, municipalities and other public entities with insights to better anticipate, mitigate and manage their climate risks and build resilience.

Called Climate Spotlight, the tool includes a live, self-serve dashboard that aims to provide organisations with a flexible way to identify climate risk exposure for up to 100 different sites worldwide. It also offers additional customization options, including a choice of business- and exposure-related metrics, vulnerability data, the ability to analyze any number of sites, and consultation with in-house climate risk experts throughout the process.

Zurich says the tool aims to provide a clear understanding of climate change-related exposures for both strategic and operational decisions, adding that 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 CSRD requirements and can be integrated directly into the TCFD framework.

Amar Rahman, global head of climate & sustainability solutions at Zurich Resilience Solutions, said: “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.”

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