Asia Awards 2025: Best ESG data provider—FIS

Overview

Critical facility damage and supply chain disruptions caused by extreme weather are increasingly seen as a major risk to corporate value chains. FIS Climate Risk Financial Modeler is a software-as-a-service (SaaS)-based platform that allows capital markets firms to measure the financial impacts of physical climate events on their assets. In addition to the standard projections of damage and disruption to facilities, the offering also provides future costs associated with insurance premiums, labor productivity, and energy consumption. 

The solution  

FIS Climate Risk Financial Modeler integrates data from PwC US, whose modeling team analyzes trends from widely used climate models, with financial projections from FIS, alongside engineering, health, and energy data to calculate cashflow impairment. Impairment calculations enable clients to prioritize and develop climate risk strategies that encompass long-term planning, risk mitigation, employee health, and insurance contract management. “What-if” analyses enable users to assess alternate asset or supply chain configurations to understand risk changes under potential business strategies.  

Secret sauce  

While traditional physical climate solutions offer facility damage and disruption estimates, Climate Risk Financial Modeler quantifies a wider scope of corporate cashflow impairment caused by extreme weather than other similar solutions on the market. The platform was built from FIS’ Insurance Risk Suite and leverages the firm’s insurance risk modeling experience to project the climate’s effect on future insurance conditions. It also leverages health and energy data to estimate future labor productivity loss and energy consumption costs. 

Recent milestones

• Launched in 2024 with acute weather risk modeling. Added drought, productivity, and energy cost impacts
• Enhanced insurance functionality to reflect diverse corporate policy structures
• Biweekly updates rapidly address early adopter needs.

Future objectives

• Partner with climate data experts to expand into transition/agricultural risks
• Refine insurance terms (e.g., sub-limits) for accurate and transparent risk assessment
• Strengthen disaster recovery analysis for supply chain dependencies

Why they won

ESG investments as an asset class might have lost some of their luster in recent years, but a quick glance down the list of the top 20 largest asset managers globally confirms appreciable support for sustainable investing. FIS’ recently launched Climate Risk Financial Modeler wins the best ESG data provider category in this year’s WatersTechnology Asia Awards by virtue of the new ground it breaks in helping capital markets firms to accurately measure the financial impact of physical climate events on their various assets. 

The platform was created on the back of FIS’ Insurance Risk Suite and leverages the firm’s insurance risk modeling experience to project the climate’s effect on future insurance conditions. It also incorporates health and energy data to estimate future labor productivity loss and energy consumption costs. One of the roles of these awards is to identify and highlight business and technology innovation across the financial services industry. FIS’ Climate Risk Financial Modeler is an outstanding example of that. Congratulations, FIS.