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 Series C Financing is co-led by Clearvision Ventures and MPower Partners. Jupiter now provides analytics to 30 companies in the Global 2000, U.S. Department of Defense and FEMA to understand the impact of climate change on their physical infrastructure and supply chains, risks to financial portfolios, and vulnerabilities to human health and safety, and to protect over ten billion dollars of physical assets and more than a trillion dollars of financial assets.

Jupiter will join insurance and utility industry leaders along with the Lawrence Livermore National Laboratory and others in a program at San Jose State University’s Wildfire Interdisciplinary Research Center (WIRC).

Jupiter announced a major expansion of its work in Japan—adding an industry leading Japan-based venture investor MPower Partners. MPower is Japan’s first ESG-focused global venture capital firm and the first female-led VC firm in Japan.

The Columbia Professor of Earth and Environmental Sciences, Applied Physics, and Applied Mathematics, author, and podcast host further strengthens Jupiter’s unmatched scientific expertise. “We are excited that Adam will bring his knowledge and enthusiasm to continue our efforts at providing the economy with the best science possible,” said Josh Hacker, Jupiter’s Chief Scientist and Co-founder.

Leavitt is a legal pioneer on emerging standards of care in the construction and engineering design resiliency of structures that are threatened by extreme weather from climate change as well as the legal ramifications of failing to adapt to climate change.

In collaboration with MS&AD InterRisk Research & Consulting, the goal of the enhancement is to resolve the lack of scientific data and completeness in terms of subject regions, and other issues regarding climate change scenario analysis.

The alliance combines Guidehouse’s utility industry expertise with Jupiter’s global-scale analytics platform to provide clients with a comprehensive and transparent climate change risk assessment as a key part of an advanced integrated planning strategy.

As the Biden-Harris administration renews its commitment to addressing climate change, Jupiter also announced its support for greater federal coordination of climate information services, emphasizing the need for better governance and the formation of a new Federal Climate Service (FCS). Jupiter’s public sector work has accelerated under the new administration, with risk planning and resilience projects underway or complete with the U.S. Department of Defense, U.S. Department of Housing and Urban Development, and multiple other entities within the Executive Branch as well as grant funded work with the National Science Foundation and NASA.

Despite the impact of the global pandemic, Jupiter added several new marquee customers in the past year and looks forward to the Biden Administration’s investments and policies in science, greenhouse gas reduction, and resilience.