Scientific Climate Ratings, an independent rating agency within the EDHEC Business School venture ecosystem, has launched ClimateMetrics, a geospatial platform that quantifies the financial exposure of physical assets and portfolios to climate risks.
ClimateMetrics translates physical and transition climate risks into financial metrics rather than relying on broad ESG scores or qualitative assessments. It calculates the potential effects on revenue, costs, and cash flow across different risk scenarios, producing figures to inform investment and risk decisions.
Calculations use an individual asset’s location rather than regional averages. The metrics can also be applied across portfolios, enabling assets in different sectors and locations to be assessed on a comparable basis.
Putting financial values on asset-level climate risk
Scientific Climate Ratings developed ClimateMetrics to provide finance and risk teams with financial measures of climate exposure that can feed into investment analysis and financial models.
Its analysis covers physical climate risks and risks associated with the transition to a lower-carbon economy. The financial effects are expressed through revenue, cost and cash flow impacts at the asset and portfolio levels.
Plans to use ClimateMetrics for infrastructure investment analysis pre-dated the official product launch. In December 2025, Scientific Climate Ratings said that Connor, Clark & Lunn Infrastructure (CC&L Infrastructure) would be given access to the platform to analyse and compare the climate risk profiles of prospective assets.
This formed part of a broader mandate under which Scientific Climate Ratings was appointed to assess physical and transition climate risks across CC&L Infrastructure’s existing portfolio. The analysis examined individual assets and the portfolio across a range of climate scenarios and time horizons defined by CC&L Infrastructure.
Geospatial analysis targets individual physical assets
ClimateMetrics calculates risk based on an asset’s actual location rather than regional averages.
For portfolios containing different types of physical assets, the metrics are standardised across assets, sectors and portfolios. Confidence intervals accompany the outputs, indicating the uncertainty associated with the calculations.
Scientific Climate Ratings had also established a substantial base of infrastructure climate ratings before the product launch. In 2025, it reported ratings for more than 6,000 infrastructure assets across 25 countries. Its physical risk assessments covered floods, heat, wildfires and storms, alongside transition risks.
Finance teams can examine models and assumptions
Users can see the models and assumptions behind ClimateMetrics’ calculations, rather than receiving only final risk scores. Scientific Climate Ratings said the product was designed for finance and risk professionals, describing it as built for finance teams rather than for data scientists.
ClimateMetrics also produces outputs to support reporting under the International Sustainability Standards Board (ISSB), the Corporate Sustainability Reporting Directive (CSRD), and the Sustainable Finance Disclosure Regulation (SFDR).
