XDI Climate Risk Hub

XDI (Cross Dependency Initiative) is a physical climate risk analytics provider headquartered in Newcastle, Australia, with offices in Sydney and London. It was incorporated in 2016, building on Climate Risk Pty Ltd founded in 2007, and since 2023 has been part of The Climate Risk Group. It helps banks, investors, governments and corporates quantify the cost of extreme weather and climate change to physical assets.

The XDI Climate Risk Hub runs the company's Climate Risk Engines, which combine downscaled global and regional climate models with local asset data and probabilistic algorithms to produce engineering and financial metrics. Hazards include tropical cyclone wind, coastal inundation, riverine and surface water flood, extreme heat, forest fire, soil movement, landslide and storm surge, under SSP, RCP and NGFS scenarios. Modules cover asset screening, deep dives, regulatory reporting, climate stress testing, resilience planning and data delivery via API.

• Asset screening: Big-picture assessment that flags the assets most exposed to physical climate hazards.
• Asset-level deep dive: Detailed engineering analysis to manage and reduce risk at individual sites.
• Reporting support: Standard reports for TCFD, ISSB and other climate disclosure frameworks.
• Climate stress testing: Scenario runs under SSP, RCP and NGFS pathways for regulatory exercises.
• Automated Resilience: Ranks where adaptation investment would cut the most risk across a portfolio.
• Flexible delivery: Results through the Hub, an API into client systems, or off-the-shelf reports.

• A Vietnamese commercial bank screens its mortgage and corporate collateral in the Mekong Delta and central coast for flood and storm surge risk before a climate stress test.
• An industrial park developer evaluates heat, flood and wind exposure of planned sites and ranks adaptation options.
• A listed company prepares the physical risk section of an ISSB S2 disclosure using standard XDI reports.

• Gives lenders and investors asset-level physical risk metrics for portfolios spread across more than 175 countries.
• Supports regulatory climate stress tests, including Monte Carlo simulations across residential and commercial lending books.
• Produces outputs aligned with TCFD, ISSB, EU Taxonomy, CSRD and SEC disclosure requirements.
• Helps prioritise adaptation spending by comparing potential risk reduction with financial value across the whole portfolio.

Central banks and securities regulators in Asia are moving banks and listed companies toward ISSB S2 climate disclosures and climate stress tests, which require quantified physical risk data. Southeast Asia, including Vietnam's low-lying deltas and typhoon-exposed coast, faces rising flood and heat losses, so lenders, insurers and infrastructure owners increasingly need asset-level risk analytics rather than qualitative assessments.

Climate Risk Pty Ltd was founded in 2007; XDI was incorporated in 2016 and joined sister company Climate Valuation under The Climate Risk Group in 2023. Global HQ in Newcastle, Australia, with offices in Sydney and London. The Hub runs on an ISO 27001 compliant platform. XDI analysis is available on the HKMA Physical Risk Assessment Platform used by Hong Kong banks (2025), and it was named Climate Data Provider of the Year at the InsuranceERM Climate Risk & Sustainability Awards 2026.