Zurich’s commercial risk advisory expands climate resilience offering

Zurich’s commercial risk advisory unit is joining forces with climate solutions provider and carbon project developer, South Pole to help clients define and execute their short- and long-term climate resilience objectives.

The new offering will focus on measuring physical climate risk and emissions, helping to establish a strategy to reduce each, and oversee the implementation of solutions that meet a company’s goals and local regulatory and sustainability reporting requirements.

Hanno Mijer, global head of Zurich Resilience Solutions, said: “Defining and deploying effective climate adaptation and mitigation strategies requires special knowhow and can be extremely complex and time-consuming, even more so for multinationals. Demand for climate resilience services has grown exponentially in recent years. Collaborating with South Pole will allow us to address climate-related risks holistically by supporting customers on their net-zero journey as well as resilience.”

The offering will initially be available in the US, Germany and Switzerland.

“Companies that fail to demonstrate their progress in building resilience and reducing emissions will likely pay the price both reputationally and financially,” added Renat Heuberger, CEO, South Pole. “But knowing where to start can be difficult. We are pleased to combine South Pole’s best-in-class climate advisory with Zurich Resilience Solutions’ expertise in resilience to steer corporate leaders toward effective mitigation and adaptation efforts – both for commercial success and for climate protection.”

Image: Zurich's Quai Campus in Mythenquai in Zurich

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