Climate Risk Services
Advance your climate resilience with data, platform services and insights to reinforce your risk management and reporting capabilities.
Report on your physical climate risks and Adapt to climate change
The evaluation of physical climate risks and financial quantification empowers your business to comprehend the impact of climate change on its assets and economic endeavors—both in the present and across near, mid, or long-term horizons. Not only will this inform strategic planning but also respond to regulatory requirements.
Client testimonials
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We had an excellent working relationship with the Swiss Re team, who were able to adapt to our requirements in a highly professional manner to deliver reports on the challenges our company may face and a vision of where our future risks will potentially lie. These reports enable us to better anticipate potential risks and take action in the future. The Swiss Re team listens and is highly educational, covering the full range of climate issues.
CEO Lactalis-Nestlé JV
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The Climate Risk Portfolio Assessment for our risk vulnerability analysis was carried out very professionally. We gained interesting insights into our climate risks and also valuable insights for the definition of measures for different locations. All in all, a very professional handling, valuable and efficient support on this topic and a great, courteous team.
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Holcim Climate Report 2022: As part of Holcim’s scenario analysis, acute and chronic physical climate-related risks have been assessed by Holcim throughout its 62 sites in 31 countries. When conducting this study Holcim aimed to quantify the potential financial impact of climate hazards at a site level and along supply chains. The study has been carried out based on physical climate risk insights provided by the Swiss Re RDS Sustainability Compass tool.
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Elaborating the climate risks for EU-Taxonomy requirements with Swiss Re was simple and straightforward. Swiss Re responded to our needs and impressed us with its expertise, flexibility and excellent communication.
Get in touch Want to advance your climate resilience?
Annemarie Büttner
Know your current risks and Look into the future prepared for climate change
To comprehend your existing risk profile and anticipate the future, equipped to address the challenges posed by climate change, Swiss Re offers a holistic service. In-house developed climate risk evolution datasets (Climate Risk Data), an interactive online platform (Sustainability Compass), and insights (Climate Risk Insights) translate your data into actionable risk mitigation measures.
Climate risk solutions steps
Climate Risk Data
Simplify climate modeling with 12 Climate Risk Scores developed by Swiss Re. These scores, based on IPCC AR6 science, show trends of future hazard development over 5-year intervals from 2030 to the end of the century for three scenarios: SSP1-2.6 (sustainability scenario), SSP2-4.5 (middle of the road scenario) and SSP5-8.5 (fossil fueled development scenario). Combining the Climate Risk Scores with the present risk exposure, the Future Hazard Risk Categories present the chosen data tool of many clients to plan risk mitigation measures.
Water-related climate risks
Riverine or fluvial flood is one of the most loss driving perils and is severely impacted by climate change. Fluvial flood is flooding caused by the spillover of water from rivers and other water bodies and often the most relevant flood peril. The Score is developed based on changes in total precipitation and extreme precipitation overlayed with Swiss Re’s global flood maps.
Flash flood or pluvial flood describes surface floods caused by extreme precipitation. For this future risk score, the variation in extreme precipitation patterns are overlayed with Swiss Re’s pluvial flood zones.
Storm Surge is intensified by sea-level rise which is represented in future climate models as sea-level height. Swiss Re’s storm surge zones are mapped to the rising sea-levels to model this peril.
Extreme Precipitation can lead to flooding in locations outside of mapped flood zones and is enhanced by climate change. The metrics used is the absolute change in 1 day extreme precipitation and 3 day extreme precipitation as indicated by the global climate models.
Winter Precipitation describes changes in precipitation amount during the months December, January, and February. These seasonal precipitation patterns are especially relevant for the agricultural sector and water intensive manufacturing sectors.
Summer Precipitation describes changes in precipitation amount during the months June, July, and August. These seasonal precipitation patterns are especially relevant for the agricultural sector.
Temperature-related climate risks
Wildfire describes changes in the fire susceptibility in a certain area, depending on the intrinsic characteristics of the region. The indicator combines the historical wildfire exposure with changes in future precipitation and temperature patterns.
Droughts can impact all economic activities which require water for their operations which impacts especially the agricultural and the industrial sector. The widely used Annual Standard Precipitation Index (SPI) is used to quantify drought conditions.
Heat Waves can impact the productivity of economic activities and lead to business interruptions as well as health impacts and crop failures. The Heat Wave score is based on a combination of the absolute change in heat wave duration and absolute change in heat wave frequency.
Heat Stress describes the gradual change of temperatures towards a warmer climate. The heat stress metric considers the change in atmospheric water capacity, extreme temperatures and number of dry days.
Cold Stress means changes in temperature patterns below freezing point which can impact operations, employees, or supply chains. This widely reducing risk is measured by the number of freezing days.
Storm-related climate risks
Windstorm describes extreme daily wind speeds. The indicator is the probability of exceeding a daily mean wind speed above 12m/s.
Climate Risk Insights
Climate Risk Specialists support you in making your insights actionable by accessing the vast knowledge of Swiss Re's Risk Engineering Services. We support you on your journey from an overview of your risk profile, to deep-dives into single assets and into actionable adaptation planning.
Why Swiss Re Climate Risk Services
Swiss Re view of risk
We share our risk views used in our core business and additionally develop scientifically sound climate risk data such as our Climate Risk Scores.
Technology for risk assessments
Our platform Sustainability Compass as part of RDS enables easy navigation and visualisation of site and portfolio risks.
Climate risk specialists with applied commercial knowledge
Our specialists tailor Swiss Re’s insights of climate models to our customers requirements boost resilience.
Aligned incentives through «skin in the game»
We have a vested interest in making our customers more resilient and supporting them in managing the impacts of climate change proactively.
Risk engineers for actionable insights
Swiss Re’s risk engineers support the translation of climate risk insights into actionable risk mitigation measures.
The services described may not be available in all jurisdictions, availability of which shall be in Swiss Re Corporate Solutions' sole discretion and/or as restricted by applicable law.