Member of Technical Staff - Software

Upright launches physical and transition climate risk assessment solution for companies, investors. Impact data company Upright announced the launch of physical climate and transition risk assessment on its platform, aimed at enabling companies and investors to quantify climate risks in their operations, supply chains and portfolios. According to Upright, the launch of the new capabilities comes in response to demand from customers, who are under pressure to simplify their sustainability toolset, rather than applying a series of point solutions. Upright added that the new solution marks part of its broader expansion from sustainability risk analysis into procurement and wider supplier and value-chain risks. Upright Founder and CEO Annu Nieminen said: "We've spent years mapping companies to their products and value chains and translating sustainability exposure into financial terms, so adding product-level, financial-grade climate risk was a no-brainer when customers were increasingly asking us for it." According to Upright, the new capabilities connect global climate science data - across datasets including NASA NEX-GDDP-CMIP6, ISIMIP, WRI Aqueduct Floods and the STORM cyclone dataset, under IPCC climate scenarios - to company information including what it produces, where it operates, and how its value chain works, to assess physical and transition climate risk, with minimal additional data needs. For transition risk, the platform maps what a company produces and sells to Upright's proprietary product and service taxonomy, providing site- and product-level climate risk assessment, while physical risk capabilities enable mapping of risks to actual site locations can be viewed across three IPCC warming scenarios, with physical risk available for individual years from 2026 to 2100. By use case, Upright said that the new capabilities will enable companies to comply with climate risk reporting requirements, and to screen their supplier base without sending questionnaires, identify the sites and suppliers with the greatest exposure, and direct engagement, mitigation, and dual-sourcing efforts, while allowing investors to screen climate exposure across both public and private portfolios, and to assess new targets and holdings without additional data requests. Nieminen said: "The sustainability market is under pressure from every direction: regulation keeps shifting, budgets are tighter, and AI is changing what customers expect from software. We've decided to lean into that rather than defend the old way of working. Let machines do the data production, make the underlying evidence traceable, and use the same infrastructure for more of the work."

Upright AI quantifies company sustainability impacts. 4h ago · 0:00 listen · Source: ESG Today Summary. Upright has launched a new AI model to measure companies' sustainability impacts, risks, and opportunities. This new large language model, or LLM, quantifies these factors using scientific evidence. It moves beyond relying on corporate disclosures or general AI models. Upright's co-founder and CEO, Annu Nieminen, states that the model shifts sustainability from a backward-looking report to a future-focused decision-making tool. It quantifies impacts, risks, and opportunities in monetary terms, allowing for scenario modeling. This LLM will power Upright's platform, helping companies, investors, and advisors assess impacts for any company, fund, or portfolio in real time. The model can be used for various sustainability applications, including climate risk assessment and financial effects. It also lets users combine this sustainability intelligence with their own data to benchmark against peers and explore evidence behind impact claims. This means more reliable and consistent sustainability analysis for everyone. This is an AI-generated audio summary. Always check the original source for complete reporting.