refinq

Core Features

The refinq platform takes a site-level approach: organizations can begin with geographic coordinates and asset type, while additional operational and financial information can refine the analysis. It combines scientific and institutional datasets with geospatial modelling and asset-specific information, maintaining provenance for its results. Its main capabilities include:

• Site-Level Climate Risk Scoring: Each location can be assessed for hazards including flooding, extreme heat, drought, wildfires and windstorms. Results are available across multiple IPCC AR6 scenarios and time horizons, enabling organizations to identify and prioritize exposed assets.

• Nature Dependencies and Impacts: refinq extends beyond climate hazards to assess biodiversity intactness, species extinction risk, protected areas, land degradation, forest fragmentation and soil organic carbon, alongside organizational dependencies and impacts on nature.

• Financial Impact Quantification: Damage functions translate physical hazard exposure into expected financial effects for individual sites, giving finance and risk teams a monetary perspective on environmental exposure rather than relying solely on hazard scores.

• Site-Specific Adaptation Actions: The platform recommends adaptation and mitigation measures for individual locations and prioritizes them according to their potential risk reduction, connecting environmental analysis with practical resilience planning.

• Satellite-Based Change Detection: Earth Observation data support monitoring of environmental change over time, adding evidence of changing land and ecosystem conditions to conventional climate and biodiversity datasets.

• Short-Term Weather Alerts: A separate Weather Alert module provides 16- or 30-day forecasts for extreme weather events, complementing long-term climate scenarios with information that can support operational preparedness and short-term decisions.

Closing Insights

Founded in 2023, refinq has been developed around both climate and nature risk reporting needs. Its platform is designed to turn fragmented environmental data into site-level assessments that can support operational decisions as well as reporting. refinq says every metric includes information on its source, processing and scoring methodology, with dataset metadata following ISO 19115 and ISO 19157 concepts to support auditability. A prominent user is Wiener Stadtwerke, the Austrian infrastructure group.

refinq uses annual subscription pricing based on locations, data/API usage and selected modules, with 10 hours of onboarding and expert support included. Its combination of asset-level climate risk, biodiversity analysis, financial quantification and adaptation planning makes it relevant to both EU and non-EU organizations seeking to move from identifying environmental exposure to deciding where resilience investment should be directed.