Jupiter in the news

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.

As emission disclosure rules loom, government contractors aren't excited about what's ahead.

​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.

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.

“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.”

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.

Jupiter CEO, Rich Sorkin, speaks with MPower Partners about the critical role ESG plays in business growth and performance including crucial culture benefits —both internally within the company and externally to customers, shareholders, and community, as well as government, business leaders and public policy makers.

Bisnow spoke with Jupiter CEO Rich Sorkin about the impact on Florida’s commercial real estate and insurance from Hurricane Ian and climate change. “Codes will only go so far in aiding newer buildings as the intensity of storms continues to increase with climate change.”

Jupiter CEO Rich Sorkin speaks to MarketWatch about the critical need for climate analytics in the insurance industry and the concept of “duration mismatch.”

Jupiter Launches Climate Data, Analytics and Technology Platform to Predict and Manage Weather and Climate Change Risks