Software and Solutions

Climate Risk Solutions for Lenders

Helping lenders manage climate risk

Overview

Climate hazards pose systemic risks to business strategies, governance and the broader economy. As natural disasters increase in severity and frequency, the banking and lending sectors are particularly exposed to the costs associated with the potential impacts of climate change.

CoreLogic’s portfolio of risk solutions can help finance professionals understand the impacts of climate change on their portfolios while they manage their sustainability and regulatory obligations.

CoreLogic’s data and analytics solutions

Model your future risk exposure with climate data

Take advantage of 40 years of understanding Australia and New Zealand natural hazards data (claims and modelling) combined with projected climate change scenarios. These hazards include floods, cyclones, bushfires and coastal erosion caused by storm surges and sea level rise.

CoreLogic’s data and analytics solutions

Model your future risk exposure with climate data

Take advantage of 40 years of understanding Australia and New Zealand natural hazards data (claims and modelling) combined with projected climate change scenarios. These hazards include floods, cyclones, bushfires and coastal erosion caused by storm surges and sea level rise.

Append our natural hazard and climate risk data to your portfolio reviews. Model property outlooks under a range of climate change scenarios.

Access our natural hazard and climate risk data at a property level directly from your own systems with the CoreLogic API.

Stress-test forecasts based on various climate change scenarios, so you can estimate long-term future losses and capital implications. This can help your business plan for the future, with effective portfolio pricing that takes into account potential future liabilities.

We can also help with your portfolio reviews by matching and appending our natural hazard and climate risk data under various climate change scenarios.

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Automation and process improvement solutions

Inform your underwriting strategies

Strengthen your policy risk responses by incorporating our natural hazard scores into your pre-qualification and security acceptability processes. Discover how CoreLogic’s natural hazards and climate risk solutions can help you make lending decisions to align with your risk appetite.

Automation and process improvement solutions

Inform your underwriting strategies

Strengthen your policy risk responses by incorporating our natural hazard scores into your pre-qualification and security acceptability processes. Discover how CoreLogic’s natural hazards and climate risk solutions can help you make lending decisions to align with your risk appetite.

Integrate our natural hazards and climate risk solutions directly into your own system and business rules with our convenient CoreLogic APIs.

Consider whether to make voluntary disclosures under the Task Force on Climate-Related Financial Disclosures (TCFD) recommendations framework. Develop a corporate climate change policy to satisfy community and market expectations.

Our climate risk solutions can help you proactively offer hardship assistance to customers impacted by natural disasters. Use our tools to track the progress of natural hazard events and identify your customers that are potentially affected. This can help you target specific assistance to your clients or reduce cost on portfolio management by putting on hold operational valuation.

We can also help you conduct portfolio reviews and assess rebuild costs for properties impacted by natural disasters.

Combine CoreLogic's hazard and climate change data with your own information or overlay it with CoreLogic's other property and location datasets for even greater insight.

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Risk management solutions

Track the potential impacts of natural hazards

Understand your exposure to existing natural hazards within your portfolio so you can develop appropriate risk mitigation strategies. CoreLogic’s partnership with Munich Re gives you access to advanced location analytics, underpinned by 40 years of natural hazards data collection combined with sophisticated risk score modelling.

Comprehensive coverage of existing hazards

  • Flash flooding
  • Storm surges
  • River flooding
  • Earthquakes
  • Tsunamis
  • Tropical cyclones
  • Lightning
  • Volcanos
  • Tornados
  • Wildfires
  • Extratropical storms
  • Hail
Risk management solutions

Track the potential impacts of natural hazards

Understand your exposure to existing natural hazards within your portfolio so you can develop appropriate risk mitigation strategies. CoreLogic’s partnership with Munich Re gives you access to advanced location analytics, underpinned by 40 years of natural hazards data collection combined with sophisticated risk score modelling.

Comprehensive coverage of existing hazards

  • Flash flooding
  • Storm surges
  • River flooding
  • Earthquakes
  • Tsunamis
  • Tropical cyclones
  • Lightning
  • Volcanos
  • Tornados
  • Wildfires
  • Extratropical storms
  • Hail

CoreLogic’s tools can help you understand your current exposure to natural hazard and climate change events, so you can make appropriate disclosures to regulators and the market. You can also incorporate this data into your lending policies and ongoing risk management frameworks.

Estimate the impact of specific forward-looking climate change risks under a range of potential scenarios across the 2050 and 2100 time horizons. These can be used for climate-related portfolio stress testing or financial disclosure reporting, with a range of indicators based on:

  • Sea level rise
  • Tropical cyclones
  • River flooding
  • Heat stress
  • Precipitation stress
  • Fire weather stress
  • Drought stress

Developed by global flood specialists Ambiental, NZ FloodMap is designed to provide a consistent spatial view of flood risk across New Zealand, for large areas down to individual properties.

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Addressing climate change, financial stability & property in New Zealand

Panel event featuring experts in climate change and finance

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Proud member of IGCC

Investor Group on Climate ChangeSustainable Business Council Logo

How can we help you?

Let's get this conversation started! Our team is here to provide you with more information and answer any questions you may have.

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