Cervest’s EarthScan is a platform for climate intelligence that enables enterprises, governments, and NGOs to make decisions informed by climate science for their physical assets. The platform leverages Earth Science AI, a trademarked technology that combines earth science knowledge, data modeling, and machine learning to process the latest climate data and provide standardized, dynamic, and on-demand insights on climate risk and opportunity across millions of global assets.
EarthScan can help businesses improve sustainability and reduce emissions in several ways. Companies can report and measure their climate-related financial risk in accordance with the Task Force on Climate-related Financial Disclosures (TCFD) framework. They can also enhance their asset resilience by detecting and addressing the most exposed and vulnerable areas to climate hazards such as heat stress, flooding, drought, and wildfire. Lastly, they can adjust their portfolios and invest in low-carbon and climate-resilient assets using the Cervest Ratings™ and the Climate Value-at-Risk (CVaR) metrics.
Climate Intelligence Platforms
Cervest's 'EarthScan' Platform Leverages Predictions and Analytics
Trend Themes
1. Climate Intelligence Platforms - Disruptive Innovation Opportunity: Develop advanced climate intelligence platforms that leverage AI, data modeling, and machine learning to provide standardized, dynamic, and on-demand insights on climate risk and opportunity.
2. Sustainability Reporting - Disruptive Innovation Opportunity: Create tools and frameworks that enable businesses to report and measure their climate-related financial risk in accordance with global standards, such as the Task Force on Climate-related Financial Disclosures (TCFD).
3. Climate-resilient Investment - Disruptive Innovation Opportunity: Build platforms and metrics that enable businesses to assess and invest in low-carbon and climate-resilient assets, enhancing portfolio management and mitigating climate risks.
Industry Implications
1. Earth Science - Disruptive Innovation Opportunity: Develop advanced AI and machine learning technologies that combine earth science knowledge and data modeling to generate climate intelligence insights for various industries, such as agriculture, energy, and infrastructure.
2. Financial Services - Disruptive Innovation Opportunity: Offer specialized tools and services that assist financial institutions in incorporating climate-related financial risk assessment into their reporting, decision-making, and investment strategies.
3. Sustainability Consulting - Disruptive Innovation Opportunity: Establish consultancy firms that provide guidance and expertise to businesses, governments, and NGOs on climate risk assessment, sustainability reporting, and climate-resilient investment strategies.