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Climate Risk Solution

Safeguard your portfolio from climate-related risk and contribute to a sustainable future for all.

Mitigate your portfolio’s climate-related risks

With the increasing frequency and severity of climate events, financial institutions have an increasing need for credible, comprehensive solutions that allow institutions to assess, monitor and ultimately, reduce portfolio climate-related risks. By doing so, they protect their operations, reputation, and stability.

The Teranet Advantage

Ensure Regulatory Compliance and Business Resilience

Utilizing Teranet’s Climate Risk Solution ensures compliance with regulatory standards that promote best practices. Proactively manage climate risks to enhance your business resilience and long-term sustainability.

Enhance Risk Mitigation

Understand your portfolio’s exposure to climate-related risks, make informed decisions and augment workflows by integrating climate risk data into risk assessment models. Our solution empowers you to identify and quantify the potential financial impacts of climate change and develop effective risk mitigation strategies.

The Teranet Solution

Teranet understands the significance of climate change risk to real estate assets in Canada. We’ve paired our national residential property dataset with an extreme weather event probability model provided by our partner, Morningstar Sustainalytics, to prepare a framework that supports default modeling for asset damages from flood, fire, extreme wind and landslides. We can support lending institutions’ climate risk management journey at an asset level, allowing them to devise methodology and loss aggregation patterns to fulfill the current set of regulatory requirements.

Our Climate Risk Solution is founded on the global collection of extreme weather events integrated into a probability model. This is combined with Canadian residential property information and valuations to provide risk and loss measures at the property level.
Our solution can be incorporated into your current:

  • mortgage adjudication workflows to ensure full risk knowledge in the decision process
  • risk management framework to ensure business and infrastructure risk factors are comprehensive
  • financial disclosures and regulatory reporting to address requirements growing out of Canadian guidelines (such as B-15).

Climate Risk Compliance: Keep Up to Stay Ahead

Climate change presents an urgent threat that cannot be ignored. Extreme weather events have a profound impact on communities, but they also have serious financial implications. As such, financial institutions face mounting losses due to climate risk which endangers their stability and profitability. Incorporating climate risk measurement within the existing risk framework is of utmost importance.

Financial institutions that embrace climate risk solutions reap numerous benefits. By aligning strategies with regulations, they ensure compliance and avoid negative repercussions and enhance their reputation as climate change leaders.

With innovative tools from trusted providers, like Teranet and Morningstar Sustainalytics, financial institutions can effectively assess and manage climate risk, safeguard their portfolios, and contribute to a sustainable future for all. In this whitepaper, we explore the importance of climate risk modeling solutions towards providing authentic data for climate risk mitigation.

Climate Risk Compliance: Keep Up to Stay Ahead

Climate change presents an urgent threat that cannot be ignored. Extreme weather events have a profound impact on communities, but they also have serious financial implications. As such, financial institutions face mounting losses due to climate risk which endangers their stability and profitability. Incorporating climate risk measurement within the existing risk framework is of utmost importance.

Financial institutions that embrace climate risk solutions reap numerous benefits. By aligning strategies with regulations, they ensure compliance and avoid negative repercussions and enhance their reputation as climate change leaders.

With innovative tools from trusted providers, like Teranet and Morningstar Sustainalytics, financial institutions can effectively assess and manage climate risk, safeguard their portfolios, and contribute to a sustainable future for all. In this whitepaper, we explore the importance of climate risk modeling solutions towards providing authentic data for climate risk mitigation.