Jupiter in the news
Media Coverage
The Climate Risk Analytics Software Scene is Expanding
Jupiter CEO Rich Sorkin speaks to GreenBiz about how Jupiter is expanding to meet the growing interest and requirements in climate analytics and insights. Increasing number of global companies use Jupiter’s flagship ClimateScore to assess the physical impact of what Sorkin calls “climate pollution.”
Exclusive: Jupiter Intelligence raises $54 million
“Jupiter is one of the leading corporate players working to help reduce the climate risks to the public and private sectors,” says Axios in their continuing coverage of Jupiter’s Series C investment round, while Jupiter CEO Rich Sorkin reveals that the company is developing new services and plans to add 50 people to its workforce.
A Flood of Risk
$15 billion in damages; record insurer losses; a 10-year high in payouts, all in the first half of 2021 and even before Hurricane Ida has been factored in. In the face of a rapidly changing climate, Jupiter helped FEMA develop Risk Rating 2.0 using climate risk modeling. “I think most people inside FEMA would like to be moving much faster than they have the resources or permission to do,” Jupiter CEO Rich Sorkin told The American Prospect.
Adapt Or Die: Preparing For The Next Phase of Climate Crisis
“When you’re down to adapt or die, most people will eventually adapt,” says Jupiter CEO Rich Sorkin in a wide-ranging interview about the future of climate resilience with Forbes. Are you and your firm prepared?
The climate crisis is here. Are insurance companies keeping up?
“What I think is going to wind up happening is that the banks are going to be so far ahead of the insurance companies.” Marketplace talks to Jupiter CEO Rich Sorkin about the company’s efforts to push insurers to adapt to the realities of climate change using geospatial data.
Business booms at climate risk start‑up as threat from extreme weather grows
The growing threat from extreme weather has businesses taking a greater interest in climate risk. In an exclusive report, The Washington Post explores Jupiter’s success working on resilience planning for organizations and how that has led to a 10‑fold increase in contracts at the start of 2021. The Post’s piece showcases Jupiter’s growing list of influential clients in the private and public sectors and looks at how Jupiter helps climate experts, businesses, and governments prepare for climate change.
Betting on Florida real estate could be a big mistake
Rising sea levels threaten Florida property values over the next few decades, and “almost none of this risk is reflected in prices,” says Jupiter CEO, Rich Sorkin. Business Insider investigates the looming crisis, turning to Jupiter’s special report on the situation in Miami-Dade for insight.
Press Releases
Partnership to advance ecosystem models, water level predictions
NOAA and climate analytics company, Jupiter Intelligence, signed a formal agreement to advance understanding of coastal ecosystems, precipitation and water level predictions. The goal of the partnership is to support community response to coastal risks to mitigate effects of climate change.
Jupiter Announces Climate Risk Analytics Collaboration with Boston Consulting Group
Jupiter today announced a new collaboration with Boston Consulting Group (BCG), a global consulting firm and leader in the climate space, that will incorporate Jupiter’s best-in-class climate analytics into BCG’s existing ClimateImpact.AI platform.
Jupiter and The Nature Conservancy Announce Collaboration Addressing The Challenges To One Of The World’s Most Diverse Ecosystems
Jupiter Promise will provide best-in-class climate risk analytics to protect sensitive natural areas and estimate future heat and water stresses associated with climate change in Colombia.
Bain & Company Joins Forces With Jupiter to Bring Climate Risk Analytics and Adaptation Strategies to Its Clients
With an initial focus on Bain’s global Financial Services practice, this partnership will help Bain’s clients in banking and insurance to build a rich understanding of their exposure to physical risks, much beyond regulatory requirements.
Renowned Climate Scientist and Nobel Laureate Betsy Weatherhead Returns to Jupiter
Jupiter, the global leader in climate analytics for resilience and risk management, announced today that Betsy Weatherhead has rejoined the company as Special Representative to the Scientific Community.
Jupiter Teams with the Arsht-Rock Center’s Extreme Heat Resilience Initiative To Support Underserved Countries and Communities
Jupiter announced the launch of the Jupiter Promise—a program to make Jupiter’s services available at little to no cost to underserved countries and communities suffering most from the effects of climate change. In this far-reaching initiative, Jupiter plans to reach more than 20% of the world’s population, partnering with at least 20 additional NGOs by the end of 2023.