Jupiter in the news

Media Coverage

Investors Rain Funding Down On Climate Prediction Startups
Jupiter Intelligence, a climate analytics platform, works with companies in the real estate industry to help them to plan for weather-related issues to homes or housing insurance plans. It can also provide those in the banking sector with insights on how climate change may impact portfolio assets.

New study identifies climate-related mortgage slump
Research shows major lenders are not adapting to reflect the growing risk of a climate-related mortgage slump. The analysis from Bain & Company and Jupiter Intelligence involved 50 of the largest banks from across the world which adhere to the Financial Stability Board’s TCFD.

Biden’s push to disclose climate risks hits wall of industry resistance
Biden’s push to disclose climate risks hits wall of industry resistance. Big business is bucking President Biden’s efforts to use SEC rules and the purchasing power of the U.S. government to reveal and reduce climate emissions.

How climate change could hit your mortgage
Banks are preparing to model the impact of climate change on their mortgage books at the level of individual blocks rather than postcodes. Bain and Jupiter are working together to model the risk of climate perils for financial institutions at a level of every 90 square meters.

Mortgage giant Fannie Mae tackles climate risk, but changes to underwriting may take several years
CNBC coverage of how Jupiter is working with Fannie Mae to figure out just how to factor climate risk into home values and mortgage underwriting and its implications for the nation’s nearly $12 trillion mortgage market.

Here Are 3 Big Areas Where AI Is Cropping Up In Agtech
“AI-based systems can give much more predictive insight to what the likely risk ranges are for farmers,” said Jason Pontin, a partner at DCVC and investor in Jupiter. “You can buy better financial products, like insurance products, since you’re literally betting the entire farm.”

Helping Society Mitigate Effects of Climate Change
CHANCE asked Katherine Bennett Ensor, president of the American Statistical Association, to interview Rich Sorkin, CEO and co-founder of Jupiter Intelligence, for his insights about mitigating physical climate risks around the globe.
Press Releases
Partnership to advance ecosystem models, water level predictions
NOAA and climate analytics company, Jupiter Intelligence, signed a formal agreement to advance understanding of coastal ecosystems, precipitation and water level predictions. The goal of the partnership is to support community response to coastal risks to mitigate effects of climate change.
Jupiter Announces Climate Risk Analytics Collaboration with Boston Consulting Group
Jupiter today announced a new collaboration with Boston Consulting Group (BCG), a global consulting firm and leader in the climate space, that will incorporate Jupiter’s best-in-class climate analytics into BCG’s existing ClimateImpact.AI platform.
Jupiter and The Nature Conservancy Announce Collaboration Addressing The Challenges To One Of The World’s Most Diverse Ecosystems
Jupiter Promise will provide best-in-class climate risk analytics to protect sensitive natural areas and estimate future heat and water stresses associated with climate change in Colombia.
Bain & Company Joins Forces With Jupiter to Bring Climate Risk Analytics and Adaptation Strategies to Its Clients
With an initial focus on Bain’s global Financial Services practice, this partnership will help Bain’s clients in banking and insurance to build a rich understanding of their exposure to physical risks, much beyond regulatory requirements.
Renowned Climate Scientist and Nobel Laureate Betsy Weatherhead Returns to Jupiter
Jupiter, the global leader in climate analytics for resilience and risk management, announced today that Betsy Weatherhead has rejoined the company as Special Representative to the Scientific Community.
Jupiter Teams with the Arsht-Rock Center’s Extreme Heat Resilience Initiative To Support Underserved Countries and Communities
Jupiter announced the launch of the Jupiter Promise—a program to make Jupiter’s services available at little to no cost to underserved countries and communities suffering most from the effects of climate change. In this far-reaching initiative, Jupiter plans to reach more than 20% of the world’s population, partnering with at least 20 additional NGOs by the end of 2023.