dClimate and TCS Partner to Leverage Aegis Global Climate Risk Intelligence for AI-driven Sustainability Decisioning

Author photo: Larry O'Brien
ByLarry O'Brien
Category:
Acquisition or Partnership

Climate data solutions provider dClimate recently announced a strategic partnership with global IT services giant Tata Consultancy Services (TCS) to leverage its innovative Aegis climate risk assessment platform. According to this recent blog post by dClimate, the partnership will "revolutionize the way businesses assess and mitigate physical climate risks. By integrating predictive climate risk data from dClimate's Aegis platform, TCS will enable its clients worldwide with cutting-edge climate risk intelligence, fostering more informed decision-making in an era of increasing environmental uncertainties."

Climate Risk Intelligence

TCS will offer Aegis capabilities as a critical component of its product and services. It will provide comprehensive risk assessments that cover a wide range of perils, including severe weather events and long-term environmental changes. This initiative underscores both companies' commitment to supporting sustainable development and enhancing organizational adaptability to climate variability.

The partnership also emphasizes the role of innovative technology and data science in advancing climate risk management, leveraging dClimate's capabilities in high-resolution and hyperlocal data analytics to provide actionable insights into climate vulnerabilities.

With Aegis and IUX, companies can seamlessly integrate quantitative outputs into their insurance strategies and regulatory disclosures and implement effective risk mitigation plans, ensuring they are well-prepared to handle the challenges posed by a rapidly changing climate while driving to net-zero. This proactive approach to climate risk management is crucial for corporations aiming to safeguard their operational continuity and promote sustainable growth in the face of increasing climate variability. 

The Aegis platform advances climate risk assessment by leveraging dClimate's high-resolution weather data and cutting-edge climate modeling. It helps clients understand their exposure to 14 climate perils, such as wildfires and earthquakes, globally, offering insights into historical and projected event frequencies and precise financial loss estimations.

TCS Intelligent Urban Exchange is an AI-powered decisioning product that enables responsible, guided climate action and resource stewardship for enterprises’ net-zero journeys.  For more information, visit dClimate or TCS Intelligent Urban Exchange.

 

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