Climate Risk Services
Climate Risk Services provides climate and nature risk analytics via its CERO platform and expert advisory services for financial institutions and corporates, leveraging IPCC, IIASA and NGFS data across physical, transition and nature risk dimensions.
- Company typePrivate
- Founded2019
- HeadquartersAmsterdam, Netherlands
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Climate Risk Services does
Climate Risk Services is a UK-registered private company (The Climate Risk Services Ltd, registered in England, operating from Oxford) that provides climate and nature risk analytics alongside expert advisory services. Founded in 2019 and operating with 11-50 employees, the company is led by co-founders Gerhard Mulder (CEO) and Stephanie Gnissios (COO), with Pekka Piirainen as Head of Product.
The company's core product is the CERO Analytics Platform, a cloud-based analytics tool deployed on Google Cloud Platform that delivers Climate-Related Physical Risk, Transition Risk, and Nature Risk assessments. It draws on authoritative climate model datasets from CMIP/IPCC and IIASA, covering 14 physical hazards at 1x1km resolution across baseline, short-term, medium-term and long-term horizons to 2100. Transition risk modeling incorporates three NGFS pathways and two indicators (carbon pricing exposure and decarbonization policy), while nature risk layers are integrated at 50x50km resolution for supply-chain impact and dependency analysis. The platform is aligned with TCFD, TNFD, CSRD, PCAF and ISO 14091 frameworks and is delivered with bank-grade security including SAML SSO and claimed ISO27001 compliance.
The business operates a hybrid revenue model combining an enterprise SaaS subscription (CERO) with professional services spanning maturity assessments, portfolio and asset scanning, scenario and strategy work, bespoke training, and CSRD reporting advisory. Pricing is quote-based and not publicly disclosed, sold through a consultative enterprise field-sales motion anchored on 'Schedule Discovery Call' and 'Book Demo' CTAs. Customer segments include development finance institutions, banks, insurers, asset managers, impact investors, and corporates in mining, electrics, agriculture, and food & beverage, served globally.
Climate Risk Services firmographics
Firmographics- Name
- Climate Risk Services
- Legal name
- The Climate Risk Services Ltd
- Website
- https://climateriskservices.com
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Climate Risk Services provides climate and nature risk analytics via its CERO platform and expert advisory services for financial institutions and corporates, leveraging IPCC, IIASA and NGFS data across physical, transition and nature risk dimensions.
- Ownership category
- akta.pro rank
Climate Risk Services industry classification
Industry- Product category
- Climate & Nature Risk Analytics Software
- NAICS
- Environmental Consulting Services (541620), Computer Systems Design and Related Services (54151), Other Scientific and Technical Consulting Services (54169)
- SIC
- Services-Commercial Physical & Biological Research (8731), Investment Advice (6282)
- akta.pro primary industry
- Financial Climate Stress Testing & Portfolio Analytics (Banks, Asset Managers, Insurers) (EUABALAE)
- akta.pro secondary industries
- Asset- & Location-Level Exposure/Vulnerability Analytics (Geospatial, Digital Twins, Critical Infrastructure) (EUABALAC), Insurance Underwriting, Pricing & Accumulation Tools (P&C, Specialty, Parametric) (EUABALAF), Climate Risk Reporting & Disclosure Analytics (TCFD/ISSB, EU Taxonomy, CSRD, NAIC) (EUABALAG), Climate Risk & Scenario Analysis (TCFD/IFRS S2) (EUAHAJAD)
Keywords
Where Climate Risk Services is headquartered
LocationHeadquarters
- HQ city
- Amsterdam
- HQ country
- Netherlands
- HQ region
- Europe
Offices1 record
Markets served
Climate Risk Services business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Infrastructure, Operations
Revenue model
- CERO Analytics Platform Subscription: SaaS analytics platform providing climate and nature risk data. Accessed via enterprise subscription with discovery calls and demos as sales engagement mechanisms.
- Expert Advisory Services: Advisory services including maturity assessments, scenario planning, CSRD reporting, carbon accounting, target setting, transition planning, and climate strategy development.
- Training & Capacity Building: Bespoke training programs to embed climate and nature risk into key processes and disclosure support (TCFD, TNFD, PCAF).
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise analytics platform with expert advisory |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels4 records
Climate Risk Services product offering
Product offeringCore offering
Climate Risk Services provides an integrated offering of climate and nature risk advisory services and the CERO Analytics Platform — a SaaS analytics tool that helps financial institutions and corporates assess physical, transition, and nature-related climate risks across portfolios, assets, and supply chains. The platform uses IPCC CMIP and IIASA climate model data with science-based risk scoring, covering 14 physical hazards at up to 1x1km resolution and incorporating NGFS transition pathways, complemented by maturity assessments, scenario planning, CSRD reporting, and bespoke training aligned with TCFD, TNFD, and PCAF standards.
Product overview
Climate Risk Services offers CERO Analytics Platform as its primary product, a unified analytics platform providing Climate-Related Physical Risk, Transition Risk, and Nature Risk assessment. This core platform is complemented by a suite of expert advisory services including Maturity Assessment, Portfolio & Asset Scan, Scenarios & Strategy, Trainings & Capacity Building, CSRD Reporting & Advisory, and Climate Data Analytics. The platform serves financial institutions (development finance, banks, insurers, asset managers), impact investors, and corporates across sectors including mining, electrics, agriculture, and food & beverage. Services focus on regulatory compliance (TCFD, TNFD, CSRD), climate stress testing, carbon accounting, and strategic integration of climate risk into business operations.
Differentiator
Problem solved
Functional benefit
Brands
- CERO: CERO Analytics Platform - A comprehensive analytics tool for Climate-Related Physical Risk, Transition Risk, and Nature Risk. The platform provides identification and assessment of climate-related and nature-related risks at portfolio level and asset level for embedding into onboarding and due diligence, climate stress testing, and risk reporting and management.
Products and services
- CERO Analytics Platform A comprehensive SaaS analytics platform for Climate-Related Physical Risk, Transition Risk, and Nature Risk assessment, providing science-based risk scoring that helps financial institutions and corporates understand exposure to physical hazards, their likelihood, and potential impacts. Optimised for credit risk analysis, due diligence, climate stress testing, and risk reporting and management.
- Expert Advisory Services Consulting offerings that embed climate and nature risk within organisations, aligning strategic decision-making and day-to-day processes with science-based targets. Delivered by sector and domain experts with on-the-ground experience in real-world climate and nature challenges, and aligned with TCFD, TNFD, PCAF, and ISO 14091 standards.
- Maturity Assessment Benchmarking assessments that determine an organisation's readiness to meet climate and nature regulatory requirements and disclosure standards, including TCFD and TNFD compliance assessments.
- Portfolio & Asset Scan Analytics service mapping the best available scientific data into actionable risk scores to identify assets at risk within investment portfolios or business operations, covering climate and nature risk exposure.
- Scenarios & Strategy Scenario planning and strategy formation to help organisations maintain business continuity across various climate transition pathways, supporting development of holistic climate strategies.
- Trainings & Capacity Building Bespoke training programs to embed climate and nature risk into key processes, empowering teams to adopt effective operational practices and supporting disclosure frameworks such as TCFD, TNFD, and PCAF.
- CSRD Reporting & Advisory Comprehensive support for Corporate Sustainability Reporting Directive compliance, including double materiality assessment, gap analysis, roadmap development, data management, sustainability statement drafting, and training.
- Climate Data Analytics Physical risk analytics service using climate model data from CMIP/IPCC and IIASA, with sector-level hazard sensitivity, covering ten hazard types visualized geographically up to year 2100 across four time horizons.
Quantifiable outcome
- $2.2 trillion in climate-related risks over next few years for financial institutions (UNEP FI)
- +1 more outcomes
Companies that use Climate Risk Services
Customer profileNamed customers10 records
Segments3 records
Ideal customer profiles3 records
Climate Risk Services technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
Feature4 records
Climate Risk Services partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core.
- NGFS (Network for Greening the Financial System)coreCRS utilizes NGFS transition pathways (3 pathways) in its CERO analytics platform for transition risk assessment. NGFS reference scenarios provide baseline for comparability in client scenario planning.
- IPCC (Intergovernmental Panel on Climate Change)coreCRS uses IPCC climate model data (CMIP data) as the foundation for physical risk modeling. IPCC reference scenarios used as baseline for client scenario generation.
- IEA (International Energy Agency)coreIEA reference scenarios used in climate scenario generation for client strategic planning and transition pathway analysis.
- IIASA (International Institute for Applied Systems Analysis)coreCRS utilizes cutting-edge climate model data from IIASA alongside CMIP data for physical risk modeling.
Scale indicators1 record
Recent moves5 records
Expansion highlights5 records
Climate Risk Services competitors and assessment
Company assessmentDirect peers
- Jupiter Intelligence: Provides high-resolution physical climate risk analytics (flood, wind, wildfire, heat) for banks, insurers, asset managers, and corporates, overlapping directly with CRS's CERO physical risk module and financial-institution target market.
- Cervest: Offers climate risk analytics and a science-based climate intelligence platform for enterprises and financial institutions, comparable to CERO in combining climate hazard data with portfolio/asset decisioning.
- ClimateCheck: Delivers climate risk scores, projections, and analytics (physical, transition, nature) to financial institutions and real estate investors, with overlapping use cases in credit risk and disclosure support.
- XDI (Cross Dependency Initiative): Specializes in asset- and portfolio-level climate risk and climate vulnerability analytics for infrastructure, real estate, and financial institutions, mirroring CRS's 1x1km resolution and portfolio stress-testing positioning.
Broad incumbents
- MSCI ESG Research / MSCI Sustainability Institute: Global incumbent offering ESG, climate, and portfolio analytics to asset managers and banks; competes head-on with CERO in climate risk data and TCFD/IFRS-aligned reporting for financial clients.
- ISS ESG (including Sustainalytics): Major ESG data, ratings, and climate solutions provider serving asset managers and banks; competes with CRS in climate risk disclosure, portfolio analytics, and regulatory-aligned reporting.
- Munich Re NatCat / Munich Re Climate Solutions: Reinsurance leader offering climate risk modeling, physical risk analytics, and advisory to insurers and corporations, overlapping with CRS's physical risk assessment and underwriting use cases.
- Moody's Climate Solutions (incl. Four Twenty Seven): Combines Moody's broader analytics with Four Twenty Seven's physical climate risk scores for financial institutions and corporates, directly competing with CERO's physical risk and stress testing capabilities.
- Bloomberg ESG Data: Embeds ESG and climate risk data directly into the Bloomberg Terminal, providing climate, transition, and physical risk metrics widely used by financial institutions — a default incumbent for many of CRS's target buyers.
- S&P Global Trucost: Provides carbon, climate, and environmental data and analytics used by investors and corporations for transition risk, carbon pricing, and portfolio analytics — overlapping CRS's transition risk and carbon exposure modules.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Climate Risk Services social profiles
Digital presenceClimate Risk Services compliance and trust
Trust signalCompliance1 record
Climate Risk Services financial estimates
Financial estimateRevenue estimate
Valuation estimate
Climate Risk Services leadership team
Management profileNumber of profiles
Profiles3 records
Climate Risk Services funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Climate Risk Services M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Climate Risk Services
What does Climate Risk Services do?
Climate Risk Services provides an integrated offering of climate and nature risk advisory services and the CERO Analytics Platform — a SaaS analytics tool that helps financial institutions and corporates assess physical, transition, and nature-related climate risks across portfolios, assets, and supply chains. The platform uses IPCC CMIP and IIASA climate model data with science-based risk scoring, covering 14 physical hazards at up to 1x1km resolution and incorporating NGFS transition pathways, complemented by maturity assessments, scenario planning, CSRD reporting, and bespoke training aligned with TCFD, TNFD, and PCAF standards.
Is Climate Risk Services a public or private company?
Climate Risk Services is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Climate Risk Services founded?
Climate Risk Services was founded in 2019. It employs 11 to 50 people.
Where is Climate Risk Services based?
Climate Risk Services is headquartered in Amsterdam, Netherlands, in the Europe region.
How does Climate Risk Services make money?
Three revenue lines are on record. CERO Analytics Platform Subscription is the primary driver. The others are expert Advisory Services and training & Capacity Building.
Who are Climate Risk Services's main competitors?
Direct peers on record are Jupiter Intelligence, Cervest, ClimateCheck and XDI (Cross Dependency Initiative). Broad incumbents are MSCI ESG Research / MSCI Sustainability Institute, ISS ESG (including Sustainalytics), Munich Re NatCat / Munich Re Climate Solutions, Moody's Climate Solutions (incl. Four Twenty Seven), Bloomberg ESG Data and S&P Global Trucost.
Does Climate Risk Services have an API?
No public API is recorded for Climate Risk Services.
What industry is Climate Risk Services in?
Climate Risk Services's product category is Climate & Nature Risk Analytics Software. Its primary akta.pro industry code is EUABALAE, Financial Climate Stress Testing & Portfolio Analytics (Banks, Asset Managers, Insurers), with a secondary code of EUABALAC, Asset- & Location-Level Exposure/Vulnerability Analytics (Geospatial, Digital Twins, Critical Infrastructure). Its NAICS code is 541620 and its SIC code is 8731.