WTW Launches Climate Quantified Technology to Help Quantify the Financial Impact of Climate Change
WTW (NASDAQ:WTW), a leading global advisory, broking and solutions company, today unveiled ground-breaking technology capable of quantifying the financial impact of climate change with an unprecedented level of precision. Climate Quantified™ offers ‘anywhere, anytime' access, transparently assessing how and when physical and transition risks impact a company's operations and assets, through to their revenue and enterprise value.
The Software as a Service (SaaS) online tool also evaluates the impact of climate risks on an organisation's customers and supply chain partners, as a necessary component of understanding financial impact of climate risks. Assessing where a business creates value and their exposure to a changing operational landscape from climate risks brings a new level of clarity to support strategic and operational decision-making.
By analysing the interactions and interdependencies between climate risk factors and their impact on business models, including physical risks, supply chain vulnerabilities and regulatory changes, Climate Quantified™ offers a far more robust analysis of financial risk impact when compared to the more limited screening and assessment of emissions alone.