Understory

One Concern has built a Digital Twin of the world around us, revealing hidden risks across the built and natural environments posed by natural disasters, extreme weather, and climate change. Our Digital Twin enables customers to uncover direct structural risks to their buildings, as well as risks posed to the external networks they depend on. The Digital Twin underpins our proprietary risk models, unlocking the resilience quotient – allowing us to probabilistically project business downtime in the face of unprecedented hazard events. One Concern helps customers to understand their property’s direct structural risk from climate, natural disasters, and extreme weather – as well as the networks the property depends on to remain operational. We identify downtime across multiple hazards and return periods, including the impact of climate change under the scenario of 1.5 degrees celsius temperature increase.

The XDI Climate Risk Hub provides world-leading physical climate risk analysis on-demand. Features: Instantly view asset and portfolio risk ratings, 5 risk rating bands based on 10 hazards, Key metrics include Maximum Value at Risk and Productivity Loss. RCPs and NGFS scenarios, Annual analysis from 1990-2100, Spatial resolution of up to 5mx5m. Highly customisable. XDI uses a wide range of engineering, hazard, context, weather, climate and financial data to provide detailed physical risk insights. Asset engineering features vulnerable to damage or failure from hazards are based on 140 standard residential, commercial and industrial archetypes which can be amended to test adaptation responses. Hazard probabilities are calculated using historical weather data (1990 baseline) and local environmental context such as topography, flood mapping, soil composition and others, and the change in hazard severity and frequency as a result of climate model simulations (CMIP5 and CMIP6).