Equilibrium Capital Group has partnered with FutureProof, a financial technology firm that enables companies to quantify and prepare for the financial impacts of climate change.
The companies are planning to develop a real asset climate-related risk-analysis toolkit that reflects both organizations’ commitment to sustainability reporting and to developing tools that link climate-related risk to asset valuation.
According to the companies, FutureProof is the only analytics firm using artificial intelligence to project how asset characteristics — such as a building’s construction materials, or whether the asset of interest is a debt instrument vs. equity — impact climate losses in dollar terms.
FutureProof enables financial institutions to quantify the dollar value of potential climate-linked financial losses to physical structures, to bondholders, and to more than 50,000 public and private companies.
“Equilibrium is one of the first investment ma