Jupiter in the news

Media Coverage

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.
How Jupiter embraces ESG to accelerate growth
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.

Never Seen Anything Like This': CRE Assesses Impact Of Hurricane Ian
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.”
A retirement safe from climate change? Ask the tough questions about real estate and property insurance
Jupiter CEO Rich Sorkin speaks to MarketWatch about the critical need for climate analytics in the insurance industry and the concept of “duration mismatch.”
Millions Worldwide Suffer ‘Climate Whiplash’ As Extreme Drought Gives Way To Floods
The HuffPost reports on the multiple concurrent and sequential weather and climate events around the world referencing Rich Sorkin, Jupiter CEO as an industry expert. “There’s a cautious scientific perspective where you can look at the data and it’s clearly getting warmer and we’re seeing increased extreme events and economic costs, but you can’t tie any one event back to climate change in a scientifically rigorous way…. There is also an awful lot of support for global warming being the driving event for the increased intensity and frequency of severe events and perspective from those who say the world is burning down and yesterday was too late to do anything about it.”
Press Releases
Jupiter Launches Jupiter AI to Accelerate Access to Economic Climate Insights
Jupiter, the trusted leader in climate risk analytics, today announced the launch of Jupiter AI, a new generative AI agent that revolutionizes the way businesses predict their financial exposure to the physical risks of climate change.
Alianza para trabajar con los pueblos indígenas de la Amazonía frente a desafíos climáticos
The Nature Conservancy Colombia y Jupiter Intelligence se unen con Organizaciones de Pueblos Indígenas y Comunidades Locales de la cuenca del río Caquetá impulsando decisiones informadas y empoderando a la comunidad para participar activamente en la definición de estrategias para un futuro sostenible.
[Press Release] The Nature Conservancy, Jupiter Intelligence and IPLC Organizations Partner to Address Climate Risks Affecting Indigenous People in the Amazon
Jupiter, the trusted leader in climate risk analytics, announced its renewed partnership with The Nature Conservancy (TNC) in Colombia, as part of The Jupiter Promise program. This collaboration aims to leverage expertise and combine efforts to cocreate strategies that address the impacts of climate change on indigenous communities within the vital, diverse and culturally rich Amazon region.
[Press Release] Institute of Himalayan Risk Reduction and Jupiter Intelligence Partner to Assess Climate-Related Disaster Risks Across Nepal
Jupiter, the trusted leader in climate risk analytics, today announced that as part of The Jupiter Promise program, it has partnered with the Institute of Himalayan Risk Reduction (IHRR), to help identify changing risks from extreme weather events and the impacts they pose to vulnerable communities across Nepal.
[Press Release] Jupiter Launches New SaaS Application and Significant Enhancements to ClimateScore Global
Jupiter, the trusted leader in climate risk analytics, today announced significant enhancements to ClimateScore™ Global, the company’s climate risk analytics offering that provides decision-ready insights to understand exposure, predict operational and financial risks and build resilience to the impacts of climate change.
[Press Release] Jupiter Partners with Axionable in France to Provide Customers with Leading Climate Data and Analytics
Jupiter, the trusted leader in climate risk analytics, today announced a collaboration with Axionable, an award-winning sustainability and technology consulting group in France. The partnership provides joint customers in France and across Europe with best-in-class climate data and analytics from Jupiter and consulting services from Axionable, to assess the risks that climate change will have on their businesses and meet mounting regulatory disclosure requirements.
[Press Release] Fannie Mae Assesses Residential Portfolio Risk Using Jupiter ClimateScore™ Global
Jupiter, the trusted leader in climate risk analytics, today announced that Fannie Mae is using the company’s industry-leading product, ClimateScore™ Global, to assess the potential impacts of climate change on their mortgage portfolio backed by over 17 million U.S. single-family and multifamily residential assets.
Paired with a Jupiter expert that specializes in your industry, we will work together to assess your needs and determine the best-in-science physical climate risk analytics approach for your organization.
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