Jupiter in the news
Media Coverage
Biden taps ocean scientist Rick Spinrad to run NOAA
Jupiter would like to congratulate Rick Spinard on his new role as head of NOAA. “His exemplary record previously leading NOAA Research and the National Ocean Service will prove important in NOAA’s forward progress and leadership in both oceanographic and atmospheric endeavors as well as any responsibility NOAA may have for a National Climate Service, which Jupiter also strongly supports,” CEO Rich Sorkin told the Washington Post.
Lloyd’s Lab announces its sixth cohort with a focus on product simplification and climate
Jupiter is excited to have been selected to join Cohort 6 of the exclusive Lloyd’s Lab accelerator. Our selection as one of eleven companies out of almost 200 applicants makes a strong statement about the important role of climate analytics in the insurance sector more broadly, and specifically at Lloyd’s—the insurance capital of the world.
Extreme Winter Weather Causes Texas Risk Crises
“Out-of-date assumptions need to be updated. Severe events are happening more frequently and with greater impact already, and continuing to get worse at an accelerating rate.” Jupiter CEO Rich Sorkin speaks with Risk Management Magazine about the lessons learned from the 2021 Texas blackouts.
Texas Freeze Triggers Global Plastics Shortage
The February 2021 Texas power outages brought the world’s largest petrochemical complex to a standstill, forcing more plants in the Gulf of Mexico region to shut down than during Hurricane Harvey. Jupiter has been monitoring the risks to Texas’s industries for some time. Now, The Wall Street Journal speaks with CEO Rich Sorkin for Jupiter’s insight into the existing and evolving challenges the Gulf region faces.
Arrogance and Nature’s Deadly Hand
Four years ago, almost no large companies were thinking about the impact of climate change on their businesses. Finally, many are. Jupiter CEO Rich Sorkin shares his thoughts on climate planning and recovery in the wake of the 2021 Texas blackouts.
Deadly Texas blackout shows our vulnerability to coming climate extremes
“Without that planning and investment, a hellscape will be upon us,” says Rich Sorkin, as the Washington Post turns to Jupiter for insights into power grid climate resilience after the devastating winter blackouts in Texas.
How climate change could spark the next home mortgage disaster
Jupiter Intelligence CEO Rich Sorkin said banks are using his firm’s services to “understand the safety of a mortgage asset over the mortgage’s expected life cycle.” Sorkin added that his company has seen “a huge uptick in interest” from insurance, asset management and real estate companies.
The Great Disrupter
“As Rich Sorkin, head of Jupiter Intelligence, a consultancy, argues: ‘In ten years there won’t be a large entity anywhere on the planet that does not have a handle on its climate risk. Consumers, shareholders and employees won’t stand for it.’”
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.