Climatics: Future proofing infrastructure

Assess your climate hazard exposure. Quantify your vulnerabilities. Adapt your infrastructure. Build resilience across your value chain.

Climate risks are business risks

In 2024, the increasing intensity of climate events underscored this reality, with global flash flood incidents rising by an estimated 30% compared to previous years, and average global temperatures setting new records, surpassing pre-industrial levels by 1.5°C for the first time, driving home the urgency for businesses to account for these escalating threats in their strategies. Going forward, the frequency and magnitude of extreme weather events are projected to increase as global temperatures continue to rise.

Climatics rain and temperature

From infrastructure damage to disruption of supply chains to labour productivity to insurability of infrastructure, physical climate risks are reshaping the business risk landscape. Assessing and evaluating the financial impact of those physical climate risks on business models have risen on the agenda for central banks, investors, corporates and regulators.

Our approach

For over 10 years, DNV has been supporting our customers to understand and address these risks. Our 2^nd generation global physical climate modelling platform "Climatics" enables our consultants to quickly perform location-specific physical climate risk screening studies for single assets, portfolios of assets, distributed assets and supply chains. The platform utilises mathematically downscaled data from the current suite of CMIP6 global climate models and provides future projections for 22 climate hazard indices. Climatics also provides DNV with the basis for performing bespoke modelling work which customers need to answer more specific and complex questions.

Data downscaling

DNV offers a range of specific services to help customers manage the physical climate risks which may impact their assets and supply chains:

Multi-asset portfolio physical climate exposure screening studies
Site-specific vulnerability assessments and adaptation plans
Network vulnerability assessments for utilities and other distributed assets
Bespoke and high-resolution modelling of specific climate hazards
Provision of results in dynamic web-based interfaces and APIs.

Climatics data downscaling

Why DNV?

DNV’s multidisciplinary team of climate scientists and geotechnics experts is supported by technical and risk management specialists working across various industries and geographies worldwide. This combination of skills and knowledge empowers us to define the implications of identified climate hazards to specific operational, safety and financial risks to assets and recommend practical measures to improve the resilience of the assets in question.

Climatics asset vulnerability

Stakeholder	Question	Answer
Stakeholder Investor	Question What is the climate impact on uptime and revenue for renewable assets?	Answer We can quickly screen climate exposure and determine the vulnerability of projects to extreme and chronic change. We can also indicate the impact on revenue later in the project lifecycle.
Stakeholder Process Operator	Question How will the climate impact the safety of my process system?	Answer We can work with site operations teams to determine the specific exposure to climate change, drawing on specific site experiences to determine options to drive improved resilience.
Stakeholder Supply Chain Manager	Question What parts of my supply chain will be impacted by climate change?	Answer We can indicate where across your supply chain network, you have potential challenges from climate change, both in terms of ability to supply and logistics. This supports contingency planning and business continuity.
Stakeholder Water Utilities	Question Which aspects of my water network will be affected by climate change?	Answer We can look at specific climate hazards and their impact on the operation of remote nodes in your network. This will tell you which locations are at risk and when that vulnerability might be realised.
Stakeholder Nature-based Project	Question What is the impact of climate on my forestry project?	Answer We can indicate how climate change may impact the natural services you rely on within your project, and how it may drive external impacts that reduces your project yield.

What is the impact of climate on my forestry project?

Answer

We can indicate how climate change may impact the natural services you rely on within your project, and how it may drive external impacts that reduces your project yield.