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News • October 4, 2022
One Concern Launches Digital Twin in Japan to Build Climate Resilience
MENLO PARK, CALIF. (October 4, 2022) — One Concern, a resilience analytics technology company, launched today two new products in Japan, One Concern DNA™ and One Concern Domino™, to help companies and organizations adapt to the escalating threats related to natural disasters, climate change, and extreme events to build climate resilience.
Blog • September 21, 2022
Disaster-Proofing by Decarbonization: Linking Physical Climate Risk to Transition Risk
Monday, September 19th marked the beginning of UN Climate Week. This year, we confront the climate crisis with greater urgency than ever before, as companies race to meet their decarbonization targets, struggle to comply with new disclosure requirements, and contend with financial losses from extreme weather events. The UN Intergovernmental Panel on Climate Change has released reports urging immediate action.
Blog • August 17, 2022
Increasing Resilience in Japan with One Concern Ready
Japan’s rainy season typically brings torrential rains and flooding across the country, inundating cities with previously unpredictable water levels. With the most recent release of our One Concern Ready™ product, we are now supporting six additional municipalities – Okazaki, Okayama, etc. – in addition to Kumamoto City, Japan.
Blog • August 2, 2022
Minimizing Mortgage Default Risk with Climate-Resilient Banking
By Oleg Blokhin As inflation eats away at margins and interest rates rise, borrowers will look for cheaper financing. To stay competitive, banks will need better ways to determine which properties are truly at the greatest risk of default on their mortgages and charge them accordingly. Climate change brings more uncertainty in property values.
Blog • July 19, 2022
Pricing Climate Change Through Downtime: Q&A with Dr. Jeffrey Bohn, Chief Strategy Officer
Storms, floods, and other dangerous weather events are increasing in frequency and intensity, impacting business operations and increasing financial risk. There have been 285 climate-related disasters in the United States since 1980, costing almost $2 trillion. In 2020 alone, the U.S. weathered 22 billion-dollar disasters.
Blog • July 11, 2022
Insurers need advanced analytics for resilience or they dramatically underestimate their losses, new research shows
By Sean Rider, Chief Revenue Officer In a new report by the French technology consultancy Capgemini, insurance customers placed climate change among their top concerns—second only to the Covid pandemic. Insured losses were 3.6 times higher in 2021 than in 1990.
News • June 29, 2022
One Concern and Veolia Join Forces to Foster Climate Resilience in the Water Sector in Japan
One Concern and Veolia sign a three-year partnership that uses digital twin technology to increase resilience strategy in the water sector through risk analysis and simulation.
Whitepapers • June 23, 2022
One Concern Comments on SEC Proposed Rule on Climate Disclosure
Our complete submitted comments on the SEC Draft rule are available below.
News • June 16, 2022
One Concern Partners with WTW to Bring Climate Resilience Scores to the U.S. Insurance Market
MENLO PARK, CALIF. (June 16, 2022) — Today, One Concern announced a strategic alliance with WTW to provide the U.S. insurance market with One Concern Resilience Score™ to facilitate a better understanding of climate-related risks.
News • June 10, 2022
Barron’s Op Ed: Without Climate Disclosure, Investors Are Flying Blind
It takes just one major climate-fueled disaster to crash a business or the whole economy. Climate change threatens every industry and manifests differently in each sector.