Understand risks, proactively reduce vulnerability
How do you know what exact climate risks you will be exposed to?
Climate change , by itself, will not cause disastrous impact. Vulnerability to it will. To reduce vulnerability, public and private managers will have to be clear headed about risks and plan for them. It is not hard to guess that all businesses will be subjected to greater physical risk. What is hard is to assess to what extent and in what time frame. Cervest uses machine learning and statistical modelling to make sense of very complicated scenarios. Its customers include organizations that have to mandatorily disclose climate risks, organizations managing global supply chains and architect firms building prominent new buildings.
Section 1: First 22 minutes about how computing power, data and algorithms are harnessed to assess climate risks for specific assets
Section 2: Till 41 minutes about how this assessment can be used by organisations
Section 3: Last 10 minutes about managing a mission driven nerdy team