Helping you outsmart climate risk
Our industry and climate risk experts, advanced analytics and data sets help you manage physical climate risks and optimize the opportunities of the climate transition to net zero.
You can reduce climate-related impacts and volatility with our powerful combination of risk consulting expertise, industry specialists and advanced climate data analytics, based on our ability to translate physical and transition risks into financial impact. We help you understand climate-driven losses and financial value at risk, enhancing your risk finance strategy and reducing climate-driven uncertainty.
We optimize your climate risk approach by tailoring climate risk solutions to your specific risks and connecting you with WTW specialists in your industry, as well as our experts in:
- Physical climate risk
- Climate transition risk
- Climate data analytics
- Alternative risk transfer solutions
- Climate reporting
We reveal the right climate risk approach for your organization, wherever you are on your journey, recognizing your combination of climate risk knowledge and needs is unique.
Whether you need support identifying, quantifying, managing, transferring or reporting on your climate risks, we help you find a smarter way forward.
Join some of the world's biggest organizations strengthening their resilience and growth with our decades-long, award-winning history in modeling, analyzing and responding to climate risks.
| Physical Risk | Transition Risk | Outcome | |
|---|---|---|---|
| Identify | Identify, rank and prioritize current and future hazards to your assets and/or portfolio | Identify your risk drivers, benchmark against your sector/peers, rank and prioritize risks | Develop a strategic response to climate risks that protects your financial performance, informs your risk management, and your reporting and disclosure (including IFRS S2, CSRD, SEC) |
| Quantify | Assess the financial impact of physical risks to portfolios and individual assets including your value chain | Assess the financial impact of transition strategy across your business model | |
| Manage | Identify measures to avoid, reduce, transfer or retain risks from physical climate change | Support business planning to minimize risks and capture the opportunities arising from the transition |
Changing acute and chronic hazards present many potential risks to your financial performance. Identifying which physical climate risks will hit your assets and investment portfolio hardest is critical.
You can leverage our deep understanding of natural catastrophe, risk engineering and climate science to identify and prioritize your physical risk hazards, as well as estimate financial losses from physical risks and calculate their impact on your bottom line.
Effective physical climate risk management starts with accurately quantifying your financial exposures. Our in-house models, risk engineers and climate adaptation experts assess the direct and indirect impacts from acute and chronic physical risks on your assets and operations. We help you both understand the financial impact of physical risks and offer actionable steps to strengthen your approach to managing them.
We support your operating and financial resilience with holistic and optimized physical climate risk management that builds on our climate risk data sets, modeling and risk transfer expertise.
Make smarter decisions on managing physical climate risks in alternative a range of climate scenarios over short, medium and long-term time horizons. Optimize physical risk adaptation, reduction, retention and risk transfer to protect value in a warming world with our powerful financial metrics which assess the impact of physical climate risks on the value of your organization.
Identify and understand how and when your climate transition risks are creating new risks and opportunities, as well as amplifying your existing exposures with our climate insight and enterprise risk management expertise.
Managing your transition risk effectively starts with quantifying it. With decades of specialist modeling expertise, use our proprietary data to quantify the impact and timing of transition risks and opportunities on cash flows to reveal your transition value at risk.
Manage the financial risks of climate transition and the impact on the value of your investments more effectively. Access our forward-looking, bottom-up analysis of individual securities and evaluate upside and downside in a transition to highlight transition risks in portfolios. We help you develop portfolio management strategies matched to the characteristics of your portfolio.
Climate-related risks can leave you facing insurance coverage gaps in your existing program. Get the stability and certainty you need in the face of climate risk with coverage adequacy analysis with our global network of industry specialists and climate risk experts.
Overcome the financial volatility created by physical climate risks with risk financing and insurance tailored to your current and future climate risk needs. Join public and private sector organizations protecting profits, people and ecosystems from physical climate risks with both our traditional and innovative approaches.
Learn more about alternative risk transfer
Learn more about captives and insurance management solutions
Our wide-ranging risk analytics capabilities can help inform your response to climate risk reporting and disclosure requirements, including IFRS S2 International Financial Reporting Standards’ (IFRS) International Sustainability Standards Board’s (ISSB) S2, the EU’s Corporate Sustainability Reporting Directive (CSRD), and The Securities and Exchange Commission (SEC) Climate Rule in the U.S.
We’re focused on helping you go beyond today’s climate reporting obligations to meet tomorrow’s board, investor, stakeholder and customer expectations.
Why choose WTW for your climate risk journey?
Working with us means partnering with experts committed to reducing your climate-related risks and finding opportunities for long-term resilience and growth. We meet you wherever you are on your climate risk management journey, whether you need to discover your priority climate risks, quantify their impact or maximize how you manage them.
We’re committed to futureproofing your organization, calling on our long track record of climate risk management and catastrophe modeling, award-winning solutions and data methodologies, and cutting-edge risk analytics.
We go beyond simply measuring your climate risks, recognizing how meeting stakeholder demands and outperforming peers can mean reconsidering your risk capital allocation in far-reaching ways. Our industry specialists, supported by a network of 45,000 colleagues in our risk, capital and people services globally, partner with you to overcome climate risk challenges to thrive today and into the decades ahead.
Focus on risk quantification and its management
Climate is a financial risk and requires financial impact quantification. A risk not managed is a risk issue.
Execution on our advice
Financial products transacted in the insurance and investment markets.
Our analytics are market-tested and in-line with industry standards.
Industry specialization
Our firm-wide focus on industry and sector specialization results in a deep understanding of your climate related risks and opportunities.
Our risk partners can work shoulder-to-shoulder with multiple business functions including risk, finance, treasury, sustainability and boards.
For a smarter way to manage climate risk, contact our proactive and experienced specialists.
Climate Risk Contact
Global Insurance Awards
- Emerging Risk Solution of the Year
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