Why organizations need to be able to compare their asset portfolios for climate risk

If you’re accountable for an asset’s pre-transaction due diligence and need to quickly compare one or more assets against another, or need to benchmark your organization’s owned assets against a peer’s portfolio, decision-ready climate intelligence (CI) is on-hand to help you compare climate risk across your portfolios at scale.

The new Portfolio Compare feature in EarthScan™, Cervest’s on-demand CI product, makes it easier than ever to assess relative climate risk across two portfolios side-by-side.

EarthScan customers can select any portfolio to compare against. This could be a portfolio belonging to their organization, one that has been shared from a supplier, one that they have built.

Within moments, they’ll see EarthScan insights for each portfolio side by side so that they compare the overall Cervest Rating, and insights like the distribution of climate hazards and risk distribution over time. They can also filter by chosen climate scenario, time horizon or custom field, such as country or lease length.

For example, in just a few clicks it’s possible to compare the climate risk of a portfolio assets owned by UK suppliers vs. global suppliers, then download these insights to share with leadership.

Customers are using Portfolio Compare to inform pre-transaction due diligence, supply chain planning, and competitor analysis.

• For pre-transactional due diligence, it’s important to see how a new acquisition will affect the overall risk rating of the portfolio. With Portfolio Compare, you can create two portfolios, with and without the new asset, then run a ‘before and after’.

• When analyzing supply chain planning, it’s vital to assess risk in order to minimize operational disruption. By comparing two supply chain portfolios, you can identify weak links and diversify risk across assets.

• And for competitor comparison, creating a portfolio of competitor assets and comparing them against your assets helps you to identify where you sit in comparison to peers, explore the areas of weakness and strength, then prioritize gaps to focus on as well as areas to accelerate in.

Portfolio Compare is one of the latest features to be added to Cevest’s climate intelligence product, EarthScan. EarthScan equips businesses, governments and NGOs with the CI they need to make confident, informed decisions that enhance the resilience of their assets. It creates the most comprehensive picture possible of climate-related risk.

Download our free ebook to see how sustainability leaders are using EarthScan to power climate action.