Verisk Expands Geospatial ESG Risk Capabilities with New Industry Risk Analytics
LONDON, Sept. 08, 2022 (GLOBE NEWSWIRE) -- Verisk Maplecroft, a global risk analytics business of Verisk (Nasdaq: VRSK), has launched its new Industry Risk Analytics to provide companies, insurers and financial institutions with a new geospatial risk solution that identifies the exposure of 80 sectors to 52 different ESG and political risks across 198 countries. The data can be used to underpin and strengthen analysis of a wide range of risks impacting operations, supply chains and investments globally by offering in-depth insight into how country-level risks vary between industries.
The dataset draws on over 50 of Verisk Maplecroft’s 170+ global risk indices, combining them with proprietary global and local industry risk factors to deliver precise risk scores for each sector in all countries. Issues covered include labour rights, such as modern slavery, child labour, fair wages and working hours; environmental risks, including water stress, climate change vulnerability, pollution, heat stress and natural hazards; and political risks covering corruption, conflict intensity and civil unrest.
The Industry Risk Analytics are the latest innovation from Verisk Maplecroft as it strives to provide global business and finance with the single most comprehensive source of geospatial global risk data and analytics. They form the latest addition to Verisk’s growing suite of sustainability and resilience exposure analytics, which include extreme event models and global geospatial datasets covering the full spectrum of ESG, political, climate and energy transition risks.
“Providing a universal foundation for ESG and political risk analysis, the Industry Risk Analytics will enable more precise assessment of inherent risk exposures, helping businesses, banks, insurers and investors get a more granular view of industry-specific risks at the operational, supply chain, portfolio, asset and project level,” says Sam Haynes, Head of Risk Analytics at Verisk Maplecroft. “Users can explore how inherent risks vary from place to place and by industry activity, enabling a holistic understanding of locational risk to support smarter, more informed decisions and mitigating actions.”
The methodologies used to create the analytics feature Verisk Maplecroft’s vast array of unstructured, geospatial, expert-derived and structured data, which offer an alternative contextual risk perspective to the analyst assessed, disclosure-based and controversy datasets that are typically used to assess ESG risks. This means both the underlying data and the analytics themselves are independent, scalable and can deliver a robust, universally applicable risk assessment solution.
“The veracity of the top-down mainstream ESG datasets from major ratings providers has come under recent scrutiny,” adds Verisk Maplecroft’s President Matt Moshiri. “This points to a need for a bottom-up approach that can robustly assess inherent ESG risk exposure, alongside dynamic political issues, more accurately than ever before – this is where we aim to make the difference.”
For more information on Verisk Maplecroft’s Industry Risk Analytics, visit www.maplecroft.com
About Verisk Maplecroft
As organisations strive to understand and adapt to a fast-moving world, Verisk Maplecroft empowers them to put the environment, human rights and political risk at the heart of their decision-making. We do this by providing unparalleled intelligence on sustainability, resilience and ESG – stitching together these disparate issues into an interconnected global view, built upon objective insight and data. By thinking ‘big picture’ we capture what matters most to our partners; making positive outcomes possible in a time of change; helping people, business and societies become stronger; creating value with values. Verisk Maplecroft is a Verisk business (NASDAQ:VRSK).
For more information visit: www.maplecroft.com
About Verisk
Verisk (Nasdaq: VRSK) provides data-driven analytic insights and solutions for the insurance and energy industries. Through advanced data analytics, software, scientific research and deep industry knowledge, Verisk empowers customers to strengthen operating efficiency, improve underwriting and claims outcomes, combat fraud and make informed decisions about global issues, including climate change and extreme events as well as political and ESG topics. With offices in more than 30 countries, Verisk consistently earns certification by Great Place to Work and fosters an inclusive culture where all team members feel they belong. For more, visit Verisk.com and the Verisk Newsroom.
To view this piece of content from ml.globenewswire.com, please give your consent at the top of this page.
About GlobeNewswire by notified
GlobeNewswire by notifiedGlobeNewswire by notified is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.
Subscribe to releases from GlobeNewswire by notified
Subscribe to all the latest releases from GlobeNewswire by notified by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from GlobeNewswire by notified
Notice on Convocation of Extraordinary General Meeting of Shareholders of AB Klaipėdos nafta30.9.2022 08:00:00 CEST | Press release
Notice is hereby given that on the initiative and by the resolution of the Board of AB Klaipėdos nafta, legal entity code 110648893, with the registered office at Burių str. 19, Klaipeda (hereinafter - the Company), Exraordinary General Meeting of Shareholders of the Company will be held on 20 October 2022 at 1:00 p.m. The meeting will be held in the Company’s office at Buriu str. 19, Klaipeda, in the administrative office of the Company (in the hall of the meeting on the 2nd floor). Agenda of the meeting: Approval of amendment of Remuneration Policy of AB Klaipėdos nafta. The shareholders will be registered from 12:00 a.m. to 12:55 p.m. The persons intending to participate in the meeting shall have a personal ID document (an authorized representative shall have an authorization approved under the established procedure. The natural person’s authorization shall be notarized. An authorization issued in a foreign state shall be translated into the Lithuanian language and legalized under t
Kitron: Ferroamp signs production agreement with Kitron30.9.2022 08:00:00 CEST | Press release
(2022-09-30) Kitron has entered into a production agreement with Ferroamp, a rapidly growing Swedish greentech company. The value of the agreement is expected to reach approximately NOK 90 million in 2023 and NOK 350 million over a three-year period. Ferroamp has developed EnergyHub, a system that controls electricity use using a patented DC technology, so that property owners can get more out of their solar panels and integrate electric car charging and energy storage. During the first half of 2022, Ferroamp increased its sales by 60 percent and is now planning an international launch. “Ferroamp continues to expand its operations through collaborations with strategic partners. We are delighted to have signed an agreement with Kitron, which has a leading position in electronics production and has the capacity to produce large volumes of EnergyHub systems for our residential customers,” says Krister Werner, CEO of Ferroamp. The EnergyHub system is available for both commercial propertie
Kitron: Ferroamp inngår produksjonsavtale med Kitron30.9.2022 08:00:00 CEST | Pressemelding
(2022-09-30) Kitron har inngått en produksjonsavtale med Ferroamp, et raskt voksende svensk miljøteknologiselskap. Verdien av avtalen forventes å være rundt 90 millioner kroner i 2023 og 350 millioner kroner over en treårsperiode. Ferroamp har utviklet EnergyHub, et system som styrer strømforbruk ved hjelp av patentert DC-teknologi slik at eiendomsbesittere kan utnytte solcellepanelene sine bedre samt integrere elbillading og energilagring. I løpet av første halvår 2022 økte Ferroamp salget med 60 prosent og planlegger nå en internasjonal lansering. – Ferroamp fortsetter å utvide sin virksomhet gjennom samarbeid med strategiske partnere. Vi er glade for å ha inngått en avtale med Kitron, som har en ledende posisjon innen elektronikkproduksjon og kapasitet til å produsere store volumer EnergyHub-systemer for våre kunder i boligmarkedet, sier Krister Werner, administrerende direktør i Ferroamp. EnergyHub-systemet er tilgjengelig for både næringseiendommer og flerfamiliebygg, og EnergyHub
Equinor utnevner Torgrim Reitan til ny finansdirektør30.9.2022 08:00:00 CEST | Pressemelding
Torgrim Reitan er utnevnt til ny konserndirektør for finans i Equinor (OSE: EQNR, NYSE: EQNR), med virkning fra 6. oktober 2022. Reitan etterfølger Ulrica Fearn som har besluttet å slutte i selskapet for å bli finansdirektør i et selskap utenfor Equinor. Ulrica Fearn vil være tilgjengelig for å sikre en god overlevering til Reitan inntil videre. – Jeg er veldig glad for å ønske Torgrim tilbake konsernledelsen. Torgrim har en veldig solid bakgrunn for å ta ansvaret som finansdirektør i Equinor, og for å være en drivkraft i arbeidet med å nå vår ambisjon om å være et ledende selskap i det grønne skiftet. I dagens energikrise er det en styrke å ha Torgrim I toppledelsen, med hans erfaring brede erfaring som finansdirektør, fra vår oppstrømsvirksomhet, fra forretningsområdet for trading og drift av naturgass, og sist fra arbeidet med å akselerere veksten i vår fornybarvirksomhet, sier Anders Opedal, konsernsjef i Equinor. – Jeg ser frem til å bli en del av konsernledelsen, og til å jobbe t
Equinor appoints Torgrim Reitan as new Chief Financial Officer30.9.2022 08:00:00 CEST | Press release
Torgrim Reitan has been appointed Chief Financial Officer and executive vice president in Equinor (OSE: EQNR, NYSE: EQNR), with effect from 6 October 2022. Reitan succeeds Ulrica Fearn who has decided to leave the company to pursue a CFO opportunity outside the company. Ulrica Fearn will be available to secure a good hand over to her successor until further notice. “I am very pleased to welcome Torgrim back to the Corporate Executive Committee. Torgrim has a very strong background to take on the complex challenge as CFO in Equinor, as we progress our ambition to be a leading company in the energy transition. In the current energy crisis, it is a definite strength to have Torgrim in my top management team, with his experience as CFO, from our upstream business, from trading and operations of natural gas, and lastly from the acceleration of growth in our renewables business,” says Anders Opedal, president and CEO of Equinor. “I look very much forward to joining the CEC and to work closel