Climate X Ltd.
Climate X is a physical-risk specialist whose Spectra platform translates around a dozen acute and chronic hazards into asset- and portfolio-level financial losses — expected annual loss, business disruption and P&L impact — via web app or enterprise API. Models are developed in-house across CMIP5 RCP and CMIP6 SSP scenarios, cover a vendor-reported ~1.5 billion assets with proprietary building-vulnerability data, and the firm disclosed its physical-risk method in the GARP/CFRF vendor study; an Adapt module quantifies adaptation CapEx and return. Used by large banks and asset managers and integrating Fathom flood maps, it is built for end-to-end loss quantification.
Vendor methodology
Public transparency, not model quality iThe Transparency Score (0–3) estimates public methodological transparency: the degree to which the vendor's analytical approach to modeling climate and nature risk can be assessed from publicly available sources. It is explicitly not a measure of vendor quality or accuracy.
Methodology-relevant: vendor websites or external resources explain methodological details.
Methodology-relevant: a public Spectra methodology page sets out the model architecture — the IPCC hazard/vulnerability/exposure framework, in-house models across 11 EU-Taxonomy-aligned hazards, digital-twin hazard simulation and region-calibrated damage curves; underlying parameters and full documentation stay client-bound. GARP/CFRF-listed.
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Links
iBlog / insight
Blog explaining what climate models can and cannot tell finance.Blog / insight
Blog on how flood-model spatial resolution affects risk estimates.Blog / insight
Blog on financing adaptation and capitalising on climate risk.Independent registry
Independent GARP/CFRF climate risk vendor benchmarking study.Links
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