Schneider Electric announced the launch by its SE Advisory Services consulting practice of Resource Advisor+ for Climate Risk, a new solution aimed at enabling companies to assess and manage their exposure to physical climate hazards.

The solution forms part of SE Advisory Services’ new AI-powered energy and sustainability intelligence platform Resource Advisor+, launched by the company earlier this year with initial tools to manage Scope 1, 2, and 3 emissions to engage suppliers in decarbonization.

According to SE Advisory Services, the new solution is designed to provide companies with visibility into which operations, assets and suppliers are most vulnerable to climate risks, with a detailed breakdown of risk across specific hazards, and to give a quantified view of how climate risk translates into financial impact, as well as insights enabling planning, investment, and resilience decisions.

Key features of the new solution highlighted by the company include analytics to explore exposure across 28 physical climate hazards and 7 biodiversity indicators, modelling capabilities to reveal immediate vulnerabilities and long-term financial impacts, and tailored adaptation recommendations aligned to each hazard, ranked by risk reduction, cost, and timeline.

Julien Picaud, Head of Product at SE Advisory Services, said:

“Organizations need climate risk information that is reliable, connected, and aligned with the decisions that shape long-term performance. Resource Advisor+ for Climate Risk provides the data quality and enterprise integration needed to strengthen resilience and accelerate progress toward operational readiness.”