LONDON, Sept. 08, 2022 (GLOBE NEWSWIRE) — Verisk Maplecroft, a Verisk global risk analytics firm VRSK, has launched its new Industry Risk Analytics to provide corporates, insurers and financial institutions with a new geospatial risk solution that identifies 80 sectors’ exposure to 52 different ESG and political risks across 198 countries. The data can be used to underpin and strengthen the analysis of a wide range of risks affecting operations, supply chains and investments worldwide by providing detailed insights into country-level risk differences across industries.
The dataset draws on over 50 of Verisk Maplecroft’s 170+ global risk indices and combines them with proprietary global and local industry risk factors to provide accurate risk assessments for each sector in all countries. Topics covered include labor rights such as modern slavery, child labour, fair wages and working hours; environmental risks, including water scarcity, vulnerability to climate change, pollution, heat stress and natural hazards; and political risks related to corruption, intensity of conflict and civil unrest.
Industry Risk Analytics is the latest innovation from Verisk Maplecroft, which strives to provide global business and finance with the most comprehensive source of geospatial global risk data and analysis. They form the latest addition to Verisk’s growing suite of sustainability and resilience analytics, which includes extreme event models and global geospatial datasets covering the full spectrum of ESG, political, climate and energy transition risks.
“By providing a universal foundation for ESG and political risk analysis, Industry Risk Analytics will enable a more accurate assessment of inherent risks and help companies, banks, insurers and investors gain a more detailed view of industry-specific risks across operational supply chains, portfolio , asset and project level,” says Sam Haynes, Head of Risk Analytics at Verisk Maplecroft. “Users can explore how…
