Ambiental’s Climate Suite offers banks, lenders, building societies and insurers the tools required to meet the latest regulatory requirements, identify risk, and futureproof the business for tomorrow.
Based on technology our experts in environmental analytics have been building since 2015, Climate Suite contains data on all kinds of climate-related risk, in all locations. Which means you can assess which assets are at risk from extreme weather events and make investments accordingly.
Our data, provided by our market-leading partners, feeds into a variety of banks’ processes, including back book analysis, mortgage originations, and wider risk assessment functions – allowing lenders to measure and predict:
This data consistently equals or outperforms the competition in post-flood event datasets. But it’s not just data and technology we provide.
Even the best data can be used in the wrong way. So, we train our customers to use that data with complete confidence, help them to develop strategies, support them in whatever use cases they want to pursue, and ensure the meaning behind that data is clear.
The result is a transparent, data-driven view of which properties and assets are at risk from climate-related weather events, both now and in the future. Our unique approach means that future risks can be quantified for any given year or across any required timeframe, so you can base your assessments on the exact duration of an investment, mortgage, or insurance policy.
The end result is safer, more sustainable investments and simplified compliance.
Our products support the Task Force on Climate-Related Financial Disclosures, and are currently in used by some of the UK and Europe’s biggest financial institutions, including Virgin Money, Yorkshire Building Society, Scottish Building Society, and Leeds Building Society.
Lenders, many of whom are TCFD supporters, gain insights through our partnership with Hometrack – the leading insight and intelligence provider to the UK mortgage market.
Virgin Money recently signed a contract with our partner, Hometrack, whose mortgage intelligence platform is powered by Ambiental data.
Our flood data will assist the bank as it works to meet ongoing regulations from the Bank of England. It will also help Virgin to identify near-term risks and assess how those risks are likely to develop over time – providing the best possible foresight for navigating the impacts of climate change.
Want to find out how we can solve problems specific to your business? Talk to us!
Find out how Ambiental is helping customers in the financial sector accelerate their climate mitigation and sustainability strategies.