EWN Data Supports Australian Business Climate Risk Reporting Requirements
Climate risk support from climate intelligence provides an alternative approach to identifying a businesses physical risk in line with the 2017 TCFD recommendations. Using historical event data of natural hazards and statistical assessments to quantify probabilities out to 2040, future climate risk disclosures can account for acute hazards at a regional level where climate models can not.
Early Warning Network Pty Ltd (EWN) specialises in the mapping and spatial analysis of climate risk data, specifically, all natural hazards and weather-related events that have impacted or were warned to impact Australian locations to date. Every mapped event and alert is added into Australia’s largest geospatial database, that can be statistically analysed on a hazard by hazard basis to obtain climate intelligence on changes in the frequency, intensity and duration for the past, present and near future.
Australia's climate and the associated risk is changing for businesses. EWN's climate risk support platform provides a way for businesses to identify potential hazards, quantify the future risk and compare to what that risk was in the past. Analysis is available on a wide variety of hazards and severities ensuring your climate risk disclosure report covers all aspects of your physical risk .
Import or geolocate your assets and operations within the dashboard OR import EWN data into your system
Press the report button and review impact, frequency and resilience to determine materiality
Review findings, determine any response and incorporate into financial statements
Import your data into our system to identify user specific climate intelligence relevant to your identified location or larger area of interest.
To support climate risk, EWN’s historical event data has been accurately mapped going back to the 1800's, and also includes current, real-time, impending and forecast events. Severity is categorised, tracked and spatialised - measuring hail size, wind, flooding and bushfire to name a few. This can then be cross referenced and analysed against your business goals and operational vulnerabilities.