XDI Partners With Veridion To Enhance Company-Level Physical Climate Risk Analysis
During Climate Week NYC, XDI and Veridion announced a partnership to expand physical climate risk analysis at the company level. The collaboration combines XDI's asset-level engineering-based models with Veridion’s extensive data on companies and buildings globally. This integration allows for more detailed insights into how physical risks affect corporate operations by linking operational sites directly to parent companies, including activity details and confidence levels. XDI's Multiple Company Intelligence (MCI) already assesses climate risk across over 40,000 entities, while Veridion provides data on approximately 600 million companies and two billion buildings. The partnership is being applied in a collaboration with Morningstar Sustainalytics to develop physical climate risk products for asset managers and owners. The combined approach supports analysis of direct damage, disruption, indirect risks, and company resilience across portfolios. Veridion will host an event during Climate Week NYC to showcase the initiative.
Topics: climate change corporate sustainability partnerships risk assessment