Net Zero Compare

EarthScan

Making Climate Risk Simple for Businesses

Karol Kaczmarek
Written by Karol Kaczmarek
Updated by Polina Martinuka on December 16th, 2024
4 min read
Published Jun 10, 24

Summary

EarthScan is a climate risk analysis tool developed by Mitiga Solutions. It helps businesses understand and manage physical climate risks like flooding, drought, heat stress, and extreme temperatures across their assets worldwide. By combining advanced data modeling, machine learning, and high-resolution climate projections, EarthScan delivers insights for current and future scenarios up to the year 2100.
Our principle

Cut through the green tape

We don’t push agendas. At Net Zero Compare, we cut through the hype and fear to deliver the straightforward facts you need for making informed decisions on green products and services. Whether motivated by compliance, customer demands, or a real passion for the environment, you’re welcome here. We provide reliable information—why you seek it is not our concern.

Details

Name
EarthScan
Date of establishment
2021-06
Organization

Deep dive


EarthScan is a software solution designed to help businesses analyze and act on climate risks facing their assets. While this might sound technical, the tool makes it surprisingly straightforward – even for those who aren’t sustainability experts.

What Does EarthScan Do?

At its core, EarthScan provides on-demand climate risk analysis. You can upload a list of locations for your assets (like offices, warehouses, or manufacturing plants), and within seconds, you’ll see critical insights about climate risks.

For example, if your company owns a warehouse in a coastal city, EarthScan can show you the probability of flooding over the next few decades. This allows you to prepare, relocate, or mitigate the risks.

EarthScan simplifies the process into three steps:

  1. Onboard: Upload a CSV file with the locations of your assets.

  2. Gain Insights: Select specific locations and view the associated climate risks, both now and in the future.

  3. Share & Act: Download reports aligned with regulations like CSRD or ISSB for easy disclosure.

Core Features

  1. Global Coverage: EarthScan works anywhere in the world, so it’s ideal for businesses with international operations.

  2. Time Horizons: The software gives insights not just for today but for multiple points in the future, from 1970 to 2100.

  3. High Resolution: Climate hazards are analyzed with precision – down to 90 meters – which is helpful for detailed risk planning.

  4. 7 Climate-Related Risk Categories: Includes heat stress, drought, wildfire, coastal and riverine flooding, extreme wind, and precipitation risks. Combined physical risks across acute and chronic hazards are also analyzed.

  5. Asset and Portfolio-Level Insights: Allows businesses to calculate Climate Value at Risk (VaR) for individual assets and entire portfolios.

Who Can Use EarthScan?

  • Asset Managers: To assess climate risks across investment portfolios.

  • Consultants: To provide risk analysis to clients at scale using EarthScan’s API.

  • Retail & Manufacturing: To plan warehouse locations, reduce future risks, and cut costs on insurance.

  • Real Estate Developers: To optimize site planning, avoid hazards, and ensure long-term asset value.

Climate Scenarios and Reports

EarthScan uses best-in-class climate datasets, such as NASA and CORDEX, to model risks under three scenarios:

  • Business as usual: No major changes in emissions.

  • Paris-aligned: A scenario where climate action slows global warming, as per the Paris Agreement.

  • Peak emissions by 2040: A middle-ground scenario.

The software also outputs customizable reports that help with regulatory requirements such as above-mentioned CSRD, making compliance much simpler.

Expert Insights

''EarthScan is a straightforward climate risk analysis tool with a great UX environment. The team is also very supportive and makes sure your needs are met!"

Yumi Lim, ESG Consultant at BDO Korea

Source:

"Long committed to advising our industrial clients on natural hazards, HDI has found a transformative partner in EarthScan. We are now equipped to offer tailored advice on climate risks at their specific locations, enhancing our consultative approach."

Lars Regner, Head of Central Services at HDI Risk Consulting

Source:

“With EarthScan, we are able to harness climate science from a range of leading sources across multiple climate scenarios to derive insights for action. We can challenge management teams on topics like operability and expenditure risk in the event of increasing climate volatility.”

Rhyadd Keaney-Watkins, Head of ESG at Arjun Infrastructure Partners

Source:

Pricing

Pricing is not publicly available since they offer custom solutions tailored to your needs. You can contact them and request a demo either directly through their website or through their page on Microsoft AppSource.

Closing Insights

If your business depends on physical assets, EarthScan can help you plan for the future and minimize climate-related risks. It’s a user-friendly tool that turns complex data into actionable insights, so you can make smarter investment, location, and risk management decisions. Whether you’re planning new sites, managing supply chains, or meeting reporting requirements, EarthScan brings clarity to climate risk.


Karol Kaczmarek
Written by:
Karol Kaczmarek
Co-founder of Net Zero Compare
Karol is a seasoned entrepreneur and co-founder of A&K Ventures OÜ. With a strong foundation in quantitative economics, he has a proven track record in strategic consulting, real estate, and global business expansion. Karol is dedicated to leveraging innovative technologies and creative business strategies to drive growth and transformation in every venture.