NatureAlpha has launched Geoverse 2.0, an enhanced analytics platform designed to help transform the way companies and investors measure natural world risks.
Responding to demand from the finance industry, companies and investment decision-makers, Geoverse 2.0 is designed to provide a holistic, accurate and reliable evaluation of natural world risk, across asset classes, in alignment with the Taskforce on Nature-Related Financial Disclosures framework.
According to NatureAlpha, this should help companies mitigate their nature risk and investors to make informed decisions to protect their investments, while future-proofing for forthcoming nature reporting and disclosure requirements.
Nick Hough-Robbins, CEO at NatureAlpha, commented: “The optimisation of Geoverse 2.0 underscores NatureAlpha’s commitment to remaining at the forefront of quality nature data provision. We want to partner with clients to remove the data burden while empowering companies and investors to knowledgably manage their natural world risk.
“Too often we hear that financial institutions are challenged by the inaccessibility and fragmentation of comprehensive, quality nature data, preventing action from being taken. We must dispel this common misconception, as the data is available now and it is time to act.”
Addressing nature’s complexity and nuances, Geoverse 2.0 aims to provide multidimensional, automated nature risk and impact analytics. Underpinned by AI, enhancements to the platform include amplified data sources, accelerated calculations, optimised analysis and comprehensive asset locations.
The automation of precision asset location data is a focal element of Geoverse 2.0. NatureAlpha applies 28 geospatial layers, including state of nature and biodiversity layers, to the analysis of 8.5 million asset locations worldwide, delivering a reported 99.5% accuracy.
