Jupiter in the news
Media Coverage
Past no longer guide to the future on weather-related construction risks
A panel at Commercial Risk’s Construction Risk Management Europe conference highlighted how climate change is impacting construction risk management, noting how historical data is a poor indicator of future trends. Stuart Large, business development director at Jupiter, said that historical data might show a trend for higher weather-related losses over the last 20 or 30 years. But he added that given the pace of losses from most perils is accelerating, models are a much better indicator for future trends.
Fannie Mae climate-risk analytics provider revealed
Fannie Mae revealed it has been working with a set of climate risk analytics from Jupiter Intelligence to assess its portfolio of over 17 million single- and multifamily assets to quantify the extent to which its holdings are exposed to potential damage from natural disasters.
Investors Rain Funding Down On Climate Prediction Startups
Jupiter Intelligence, a climate analytics platform, works with companies in the real estate industry to help them to plan for weather-related issues to homes or housing insurance plans. It can also provide those in the banking sector with insights on how climate change may impact portfolio assets.
New study identifies climate-related mortgage slump
Research shows major lenders are not adapting to reflect the growing risk of a climate-related mortgage slump. The analysis from Bain & Company and Jupiter Intelligence involved 50 of the largest banks from across the world which adhere to the Financial Stability Board’s TCFD.
Biden’s push to disclose climate risks hits wall of industry resistance
Biden’s push to disclose climate risks hits wall of industry resistance. Big business is bucking President Biden’s efforts to use SEC rules and the purchasing power of the U.S. government to reveal and reduce climate emissions.
How climate change could hit your mortgage
Banks are preparing to model the impact of climate change on their mortgage books at the level of individual blocks rather than postcodes. Bain and Jupiter are working together to model the risk of climate perils for financial institutions at a level of every 90 square meters.
Mortgage giant Fannie Mae tackles climate risk, but changes to underwriting may take several years
CNBC coverage of how Jupiter is working with Fannie Mae to figure out just how to factor climate risk into home values and mortgage underwriting and its implications for the nation’s nearly $12 trillion mortgage market.
Press Releases
Jupiter Launches Jupiter AI to Accelerate Access to Economic Climate Insights
Jupiter, the trusted leader in climate risk analytics, today announced the launch of Jupiter AI, a new generative AI agent that revolutionizes the way businesses predict their financial exposure to the physical risks of climate change.
Alianza para trabajar con los pueblos indígenas de la Amazonía frente a desafíos climáticos
The Nature Conservancy Colombia y Jupiter Intelligence se unen con Organizaciones de Pueblos Indígenas y Comunidades Locales de la cuenca del río Caquetá impulsando decisiones informadas y empoderando a la comunidad para participar activamente en la definición de estrategias para un futuro sostenible.
[Press Release] The Nature Conservancy, Jupiter Intelligence and IPLC Organizations Partner to Address Climate Risks Affecting Indigenous People in the Amazon
Jupiter, the trusted leader in climate risk analytics, announced its renewed partnership with The Nature Conservancy (TNC) in Colombia, as part of The Jupiter Promise program. This collaboration aims to leverage expertise and combine efforts to cocreate strategies that address the impacts of climate change on indigenous communities within the vital, diverse and culturally rich Amazon region.
[Press Release] Institute of Himalayan Risk Reduction and Jupiter Intelligence Partner to Assess Climate-Related Disaster Risks Across Nepal
Jupiter, the trusted leader in climate risk analytics, today announced that as part of The Jupiter Promise program, it has partnered with the Institute of Himalayan Risk Reduction (IHRR), to help identify changing risks from extreme weather events and the impacts they pose to vulnerable communities across Nepal.
[Press Release] Jupiter Launches New SaaS Application and Significant Enhancements to ClimateScore Global
Jupiter, the trusted leader in climate risk analytics, today announced significant enhancements to ClimateScore™ Global, the company’s climate risk analytics offering that provides decision-ready insights to understand exposure, predict operational and financial risks and build resilience to the impacts of climate change.
[Press Release] Jupiter Partners with Axionable in France to Provide Customers with Leading Climate Data and Analytics
Jupiter, the trusted leader in climate risk analytics, today announced a collaboration with Axionable, an award-winning sustainability and technology consulting group in France. The partnership provides joint customers in France and across Europe with best-in-class climate data and analytics from Jupiter and consulting services from Axionable, to assess the risks that climate change will have on their businesses and meet mounting regulatory disclosure requirements.
[Press Release] Fannie Mae Assesses Residential Portfolio Risk Using Jupiter ClimateScore™ Global
Jupiter, the trusted leader in climate risk analytics, today announced that Fannie Mae is using the company’s industry-leading product, ClimateScore™ Global, to assess the potential impacts of climate change on their mortgage portfolio backed by over 17 million U.S. single-family and multifamily residential assets.
Jupiter and Fannie Mae Announce Climate Risk Analytics Project
Jupiter announced a project with Fannie Mae to identify neighborhoods and communities most at risk from perils related to climate change as part of The Jupiter Promise program for historically marginalized communities.