S&P Global Market Intelligence was recognised with the Best Climate Risk Modelling & Assessment Solution award at the 7th Regulation Asia Awards for Excellence 2024.

Presented in the ESG & Sustainability category, the Best Climate Risk Modelling & Assessment Solution award is given to solutions that advance climate risk transparency, regulatory compliance, and predictive accuracy, equipping financial institutions with essential tools for sustainable decision-making. This category acknowledges solutions that support industry standards through robust data coverage, flexible modelling and proactive insights into the potential impacts of climate change on financial performance.

S&P Global Market Intelligence’s climate risk solution earned high scores for its comprehensive data, sector-specific characteristics and bottom-up approach to scenario analysis. It provides detailed assessments of climate-related risks across various scenarios, including emissions trajectories and physical impact analysis. With this unique approach to climate scenario analysis, the platform enables institutions to understand the financial implications of different climate pathways, fostering resilience and long-term stability.

The judging panel noted S&P Global Market Intelligence’s dedication to regulatory alignment and adaptability, helping clients seamlessly incorporate climate risk into their broader risk management frameworks. “S&P Global Market Intelligence’s solution distinguishes itself through its data-rich approach to climate risk modelling, equipping financial institutions to navigate the complexities of climate-related financial risks strategically,” noted the judging panel at the Regulation Asia Awards. “By providing a solid analytical foundation and comprehensive scenario planning, S&P Global Market Intelligence empowers institutions to integrate climate considerations directly into their risk management processes.”

Bradley Maclean, Co-founder of Regulation Asia and Chair of the Awards Committee commented, “As climate risk becomes a crucial aspect of financial stability, solutions like those from S&P Global Market Intelligence are essential for fostering resilience within the industry. Their commitment to expansive climate data and scenario analysis underscores a dedication to shaping a sustainable and forward-thinking financial ecosystem.”

This award underscores the pivotal role that climate risk modelling plays in today’s financial sector. Solutions like S&P Global Market Intelligence exemplify how advanced data and modelling capabilities can prepare institutions to address the challenges posed by climate change, advancing a resilient, transparent and sustainable financial landscape.

About the Regulation Asia Awards for Excellence 2024

The Regulation Asia Awards for Excellence recognises financial institutions, technology companies, legal and consulting firms, exchanges and other players that help ensure the highest regulatory compliance standards are upheld in the financial industry. Each year, senior industry practitioners serve on a judging panel to help assess and score each submission to determine the winning entrants.

For a full list of the award 2024 winners, visit www.regulationasia.com/awards.

About Regulation Asia

Regulation Asia is the leading source of actionable regulatory intelligence for Asia Pacific markets. With over 13,000+ subscribers, including regulatory bodies, exchanges, banks, asset managers and service providers, Regulation Asia plays a key role in shaping the regulatory agenda.

Visit www.regulationasia.com or connect via LinkedIn or Twitter.