SmartResilience Description
SmartResilience serves as a cloud-based platform designed for climate risk management, catering to the needs of sustainability, compliance, risk, and operations teams overseeing businesses and asset portfolios with multiple locations. The platform evaluates various physical hazards such as floods, heatwaves, winds, droughts, and surface water conditions by mapping these risks to specific locations, subsequently generating hazard scores and assessing financial vulnerabilities across different climate scenarios both now and in the future. With the ability to analyze annualized losses per site, model costs associated with rare events, and evaluate adaptation strategies based on their return on investment, teams can create outputs tailored for disclosure purposes. Additionally, SmartResilience features continuous monitoring that delivers site-specific weather alerts, keeps track of incidents and responses, and offers portfolio overviews, enabling teams to prioritize risk mitigation efforts, assess new locations, engage in discussions with insurers, and strategize resilience investments. Furthermore, a complimentary checker tool provides a quick regional assessment, while the premium version of the platform is noted for delivering in-depth asset-level analysis, ongoing monitoring, and comprehensive planning resources for users. This dual approach empowers organizations to effectively manage their climate-related risks and enhance their overall sustainability strategies.
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