What is Climate Diagnostic?
Climate Diagnostic is WTW’s physical climate risk analytics tool that shows asset-level exposure to acute and chronic climate hazards today and under future climate scenarios. It helps your organization make more informed decisions for climate resilience by understanding where physical climate risks are concentrated and how they may change over time.
The tool supports better decision-making for a wide range of sectors including real estate, hospitality, retail, manufacturing and insurance.
Across your organization, teams including risk, finance, procurement and sustainability can benefit from using one shared dataset to make consistent decisions. You can identify where assets and suppliers face physical climate risk, quantify potential loss, meet climate reporting requirements and prioritize adaptation, all while reducing manual analysis.
How does Climate Diagnostic support adaptation planning?
Climate Diagnostic highlights which assets carry the highest risk today and in the future so you can prioritize adaptation where it has the strongest impact. WTW climate specialists can also help translate analysis from Climate Diagnostic into practical measures, such as improving flood protection at distribution hubs or heat-stress adaptations at key manufacturing sites.
What climate hazards does Climate Diagnostic assess?
It assesses exposure to four acute hazards (extreme flooding, extreme precipitation, wildfire weather, hurricanes) and three chronic hazards (sea level rise, heat stress, drought).
Can I obtain additional climate risk scores and value at risk metrics tailored to my assets and organization?
Yes, you can take advantage of climate risk data that is tailored to your industry and specific to your organization, whenever you need it.
With climate risk data on-demand, you can obtain bespoke climate risk scores and value-at-risk metrics for a wide range of acute and chronic climate hazards, shaped by our deep expertise in risk engineering and natural catastrophe modeling.
You can access your tailored climate risk data via Risk IQ or by directly integrating it into your workflow via APIs.
What climate scenarios and time horizons does Climate Diagnostic cover?
You can view exposure under the Shared Socioeconomic Pathway and Representative Concentration Pathway (SSP/RCP) scenarios 2.6, 4.5 and 8.5 to see how risk changes across different climate pathways. The tool evaluates your global exposures over time horizons to 2030, 2050 and to 2100 to support long-term forward planning.
Climate Diagnostic contact
A demo video showcasing the capabilities of WTW's analytics tool, Climate Diagnostic, which assesses risks to physical assets and supply chains caused by climate change impacts.
Content related to climate risk analytics
How does Climate Diagnostic support climate reporting?
Reporting outputs help your organization prepare disclosures aligned with the Corporate Sustainability Reporting Directive (CSRD), the European Union Taxonomy, the International Sustainability Standards Board (ISSB) Standards S1 and S2, the Task Force on Climate-related Financial Disclosures (TCFD) and relevant US requirements.
How does Climate Diagnostic integrate with your systems?
You can access Climate Diagnostic through WTW’s Risk IQ platform or connect the data to your internal systems through application programming interfaces (APIs). This can give your organization one consistent view of climate risk across assets, operations and suppliers.
How does Climate Diagnostic link with other WTW analytical tools?
Climate Diagnostic works within WTW’s wider analytics ecosystem. Through Risk IQ, you can combine physical risk results with natural catastrophe modeling, portfolio analytics and supply chain assessments, giving your organization a more coherent picture of your climate risk.
What features make Climate Diagnostic easy to use?
Climate Diagnostic provides:
- Asset-level scorecards
- Global exposure maps
- Dashboards and automated summaries
- Value-at-risk metrics
These features give you a clear and consistent basis for decision making.
Key benefits of Climate Diagnostic
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Climate Diagnostic
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