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What is risQ?

risQ leads the way in modeling and interpreting climate-related risks for stakeholders in municipal debt, offering vital information on how these risks influence financial results. By promoting transparency regarding municipal climate threats, risQ empowers investors with essential resources to manage their portfolios effectively, while assisting cities in identifying affordable climate adaptation strategies. The alarming rise in heatwaves poses significant threats to public health and disrupts the energy sector, which in turn jeopardizes municipal tax revenues. Additionally, both coastal and inland flooding are becoming more frequent and severe, threatening billions in property value and real estate assets. Hurricanes are also intensifying, bringing unprecedented levels of rainfall and presenting new challenges for urban areas. As urban populations grow and drought conditions become more severe, the risk of wildfires endangering properties and infrastructure is further amplified. Therefore, the insights provided by risQ are indispensable for navigating these intricate and dynamic challenges, ensuring that investors and city planners can make informed decisions in a changing climate. Ultimately, the proactive measures and strategies informed by risQ can significantly enhance resilience against these escalating climate threats.

What is SmartResilience?

SmartResilience is a cloud-enabled platform specifically developed for managing climate-related risks, addressing the requirements of sustainability, compliance, risk management, and operations teams responsible for businesses and asset portfolios spread across various locations. The system assesses an array of physical hazards, including floods, heatwaves, winds, droughts, and surface water conditions, by correlating these risks to specific geographical areas, thereby generating hazard scores and evaluating financial vulnerabilities across a spectrum of climate scenarios in both present and forthcoming contexts. By facilitating the analysis of annual losses at each site, modeling costs linked to infrequent events, and assessing adaptation tactics based on their return on investment, teams can produce customized outputs suitable for disclosure needs. Moreover, SmartResilience incorporates continuous monitoring that provides tailored weather alerts for specific sites, tracks incidents and the associated responses, and supplies portfolio summaries, which enable teams to prioritize their risk mitigation strategies, assess potential new sites, engage with insurers, and plan resilience investments effectively. Additionally, a free checker tool allows for a rapid regional evaluation, while the premium version of the platform is recognized for offering detailed asset-level analysis, continuous monitoring, and extensive planning resources for its users, enhancing their decision-making capabilities. This comprehensive dual approach not only empowers organizations to adeptly navigate their climate-related risks but also significantly boosts their overarching sustainability initiatives, ensuring a proactive stance in an increasingly unpredictable environmental landscape.

Media

Media

No images available

Integrations Supported

Integrations Supported

Ordnance Survey

API Availability

API Availability

Has API

Pricing Information

Pricing not provided

Pricing Information

Enterprise pricing is available on request.

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Not specified

Training Options

Not specified

Training Options

Not specified

Company Facts

Organization Name

risQ

Date Founded

2016

Company Location

United States

Company Website

www.risq.io

Company Facts

Organization Name

SmartResilience

Date Founded

2019

Company Location

United Kingdom

Company Website

www.smartresilience.com

Categories and Features

Climate Risk

Not specified

Weather Intelligence

Not specified

Categories and Features

Climate Risk

Not specified

Risk Management

Not specified

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