Jupiter in the news

'Data for Climate Resilience and Development' is a partnership between UNDP’s Insurance and Risk Finance Facility (IRFF) and The Jupiter Promise that will leverage our gold-standard climate risk data to inform critical public financial management decisions and bolster climate adaptation strategies in developing countries across the globe.

DNV today launched a new service to provide solar photovoltaic developers actionable, verified assessments of large hail risk across North America. DNV has partnered with Jupiter to leverage its gold standard climate science for a first of its kind, robust statistical approach to evaluating hail risk due to climate change, both today and in the future.

Some insurers are leaning on third-party climate specialists, such as US-based Jupiter Intelligence, which provides forward-looking analytics on how climate change will affect their portfolio.

The company [Jupiter] is among the small collection of early adapters that had the foresight to acknowledge early the reality that extreme weather events are unavoidable — and to find an opportunity in it.

Climate risk analytics firm Jupiter has launched a generative artificial intelligence tool for its ClimateScore Global platform that can help building operators understand the impact of climate factors on building costs and how they can protect their facilities from disruptions.

Jupiter today announced the release of Jupiter AI, a pioneering AI engine that leverages the power of ClimateScore Global. Rich Sorkin, Jupiter CEO, pointed out that “Jupiter AI is designed to communicate in natural, conversational language within a chat window interface, akin to speaking with an expert who understands the nuances of climate and data science.”

Jupiter is placing generative AI at the point of interaction between a subscriber to Jupiter's existing services and its vast databases. The bottom line: The new capability demonstrates how generative AI is being integrated into the climate risk analytics space, which has become an increasingly crowded business sector in recent years.

“Jupiter’s AI-powered climate models provide a valuable layer to JLL‘s Decarbonization Strategy Services,” said Guy Grainger, Global Head of Sustainability Services and ESG for JLL. “Our Decarbonization Services help owners and occupiers create a clear investment roadmap to reduce harmful emissions and enhance value in their portfolio. Layering in Jupiter’s gold standard climate risk analytics allows us to also measure what might be happening in the environment and how that could impact overall real estate valuation and decarbonization efforts.”

Jupiter stands among 250 innovative companies reducing environmental impact through technology. Our inclusion in this prestigious list, by TIME and Statista, underscores our ongoing commitment to providing gold-standard climate risk analytics.

The 100 companies on the list represent the private, independent, and for-profit companies best positioned to contribute to a more digitized, de-carbonized and resource-efficient future. Jupiter’s climate change risk analytics were selected among winners from 15 countries and various industries.

Zurich’s Global Innovation team chose Jupiter from among more than 1,300 submissions from companies in 43 countries around the world.

“2020 has proven beyond a doubt that the private sector has much work to do to prepare for future disruptions, and this is especially true regarding the risks that climate change presents to the stability of financial markets,” Keenan said. “I’m excited to join Jupiter on their mission to not only help organizations adapt to the shocks and stresses of climate change, but to also take advantage of the opportunities for sustainable investment.”

ClimateScore Global™ is a next-generation climate risk analytics tool that provides physical risk assessment designed to support decision-making across a wide range of industries—for any point on the land surface of the planet through the year 2100.

“With the support of industry leaders including Liberty Mutual and MS&AD, Jupiter will continue to deepen our analytics to help customers make complex financial decisions as they emerge from a global economic crisis,” said Rich Sorkin, CEO and Co-Founder.

The $1M grant will go towards the deployment of Jupiter’s FireScore™ Operations service, a wildfire threat and intelligence platform, to accelerate readiness for the 2020 wildfire season.

Jupiter today announced an agreement with the Hawaiian Electric Companies to provide ongoing climate risk analytics services for generation, transmission and distribution infrastructure across five major islands of Hawaii. Jupiter also recently announced a capital investment from Elemental Excelerator (Elemental), a global infrastructure innovation accelerator. The funding, as part of Elemental’s Demonstration Track, will enable Jupiter to accelerate deployment of its flood and wind risk analytics services in the Pacific, beginning in Hawaii.