XDI unlocks global asset analysis for HKMA Physical Risk Assessment Platform

Banks using the Hong Kong Monetary Authority (HKMA) Physical Risk Assessment Platform can now analyse the physical climate risk of assets located anywhere in the world, following the addition of global portfolio capabilities from XDI’s Climate Risk Hub to the platform.

The enhancement reflects a shared commitment to equipping the banking sector with useful, flexible and scalable tools for assessing physical climate risk.“It’s been a privilege to collaborate with the HKMA and continue pushing the boundaries of what’s possible in delivering data-driven climate risk insights through a platform that evolves alongside the needs of its users,” said Laura Kuhta at XDI.

“XDI’s goal is to make high-quality, decision-grade climate risk analysis accessible to as many decision-makers as possible, enabling them to understand the impacts of climate change and take informed action to manage physical risk. Extending access to global portfolio capabilities to Hong Kong banks is another step in that direction.

”Since its launch in 2024, the platform, developed in collaboration with the HKMA and KPMG Advisory (Hong Kong) Limited, has provided banks with on-demand analysis of physical climate risk for assets located within Hong Kong. This enhancement marks a further step in supporting the Hong Kong banking sector to consider physical climate risk into the management of global portfolios.

Read more about XDI's work with the Hong Kong Monetary Authority.