Jupiter in the news

Media Coverage

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.’”

The World Is Too Slow in Dealing With Climate Risks—Expert
“Currently, the world overall is repeating the mistakes of the COVID pandemic and the Global Financial Crisis – it is too slow to recognize and respond to enormous and imminent impacts on citizens and corporations,” says Rich Sorkin, CEO of Jupiter.
Two North America insurtechs named to Zurich Innovation Championship global finals
Zurich North America Insurance has selected Jupiter as one of two finalists to represent North America in the Zurich Innovation Championship. The global competition is designed to create collaborations between Zurich and insurtechs and bring new ideas and energy to the forefront.

Report: Gulf energy facilities face "imminent" climate risk
A new report warns three Houston-area petrochemical facilities are “highly vulnerable” to costly impacts from climate change. Jupiter estimated the plants would see three to eight times more damage from “extreme” flood events within the next 10 years.
Gulf chemical plants unprepared for increasing flood risk from climate change: report
In the report, Jupiter notes that the “very functionality” of the properties could be threatened in the coming decades if designs are not upgraded to prepare for climate change and could result in millions of dollars in equipment damages.