AI* to help assess the impact of climate change on the activities in the financial sector
AI makes it easier to assess and anticipate financial climate risks (e.g. risks for insurers, credit risks, and/or market risks).
AI makes it easier to assess and anticipate financial climate risks (e.g. risks for insurers, credit risks, and/or market risks).
In supply chain terms, resilience is the ability to anticipate sudden disruptions and resist their spread, whereas sustainability refers to the ability to maintain functions and performance over the long term while meeting environmental, economic, and social requirements.
The proliferation of data (news, social networking, company reports, and press releases) has become a major challenge for CSR experts and decision makers in terms of extracting and interpreting key data.
In the face of climate disruption, insurers need to know exactly what weather-related disasters (e.g. drought, hurricanes) they will have to deal with in order to anticipate the costs and consequences for their business.
Climate risk has now been clearly identified as a risk to be taken into account in banks’ capital requirements.