New Climate Risk Scores Equip Supply Chains for Climate Resilience up to 2100
Everstream Analytics, a leader in supply chain insights and risk analysis, has introduced Climate Risk Scores, a pioneering tool that quantifies climate impacts on supply chains through to 2100. This capability uses automated climate risk projections, leveraging applied meteorology and data from the Intergovernmental Panel on Climate Change (IPCC) to provide actionable insights into potential vulnerabilities in supplier locations and facilities.
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Climate Risk Scores allow businesses to assess the projected impact of climate indicators such as tropical cyclones, river flooding, sea level rise, extreme heat, fire weather, cold snaps, drought, and precipitation. Integrated into Everstream’s Explore platform, this tool helps clients plan for business continuity by offering future risk projections at key intervals—2040, 2050, and 2100—under multiple climate scenarios.
Jon Davis, Chief Meteorologist at Everstream, highlights the importance of the new tool, stating, “With Climate Risk Scores, we’re giving businesses real-time, automated insights to help them understand and mitigate potential climate risks.”
This strategic planning tool can be directly integrated via APIs, allowing organizations to seamlessly incorporate climate risk data into decision-making processes as they scale or onboard new suppliers. Everstream’s Chief Product Officer, Paige Cox, emphasized, “Climate Risk Scores not only help secure the supply chain but also provide a crucial competitive advantage as organizations adapt to climate change.”
This tool reaffirms Everstream’s commitment to pioneering predictive intelligence solutions, enabling clients to build resilience and navigate the complexities of a changing climate with confidence.
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