About XDI

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Our values

Our goal is to accelerate action on climate change by embedding physical climate risk data in all decisions

As the physical climate risk experts, we’re here to help you - whether at the start of your journey, or advanced, we deliver actionable results.

We’re independent

XDI is part of The Climate Risk Group, a group of companies committed to quantifying and communicating the costs of climate change.

We’re serious about climate

Ours is a mission-driven company.
We exist to help our clients and community understand and manage unavoidable climate change, whilst demonstrating the imperative for a low carbon world.  
We see every contract as a collaboration. We are trusted by governments, NGOs, companies, banks and communities  - and while some see themselves in opposite corners - we believe it will take all actors working together to solve this challenge.

We’ve got heart

Data and information alone do not create change: data needs humanity and humanity needs ambition.
Our vision is not just to identify physical climate risks, but to also mitigate them.
Our goal is a more climate-resilient community.
Our approach is to work with you over the course of your climate risk journey.

Our clients are global

We analyse assets in over 175 countries

Adapt and thrive in a climate changing world

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How we got started

Our story

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2007

Climate Risk Pty Ltd is founded

Working with leading edge decision-makers and organisations, we developed systems to calculate the impact of climate change variables on physical assets, human resources and management processes.

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2016

XDI is incorporated

XDI (Cross Dependency Initiative) brings together the knowledge, the technology and the team to accelerate action on climate change by embedding climate impact data in all decisions.

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2016

Climate Valuation launched

XDI’s sister company, Climate Valuation is established, putting climate change impact information into the hands of homeowners and homebuyers.

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2023

The Climate Risk Group

The Climate Risk Group is formed bringing together XDI and Climate Valuation under one parent company, to quantify and communicate the costs of climate change.

Our founders, Rohan, Ruth and Karl

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Passionate about shifting the dial on climate change, our founders from left-to-right:
Rohan Hamden, Ruth Tedder and Karl Mallon.

Our story

Global leaders in physical climate risk analysis since 2007

Backed by a team of specialists across science, engineering and software development, XDI provides best in class expertise in physical climate risk analysis to inform capital allocation, planning and risk management decisions.

Our work helps key decision makers understand the costs of unmitigated climate change at the asset, firm and investor scale.

Today, XDI is an international company with offices in Europe and Australia.

We’re always looking for dedicated climate specialists

If you’re passionate about accelerating action on climate change, but don’t see a relevant open position, email us with some information about yourself

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The XDI team, your physical climate risk experts

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Our data has been tested by the demands of the global market since 2007

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The Climate Risk Engines have driven innovation in defining, pricing and responding to physical climate risk.

The Climate Risk Engines extract dynamically downscaled global and regional climate change models and combine these with global and local data sets, applying bespoke probabilistic algorithms to produce decision-ready financial and risk metrics.

Results are expressed in a range of engineering or financial metrics to inform decision-making at all scales.

Since 2006, decision makers have come to our team to understand the physical impacts of climate change to their business operations.

Convert risk to opportunity

Global reach

XDI is an international, independent provider of physical risk analysis with an established network of clients and resellers.

Leading technology

XDI analysis is powered by the award-winning Climate Risk Engines, tried and tested in the market since 2007.

Standard reporting

XDI’s standard reports present physical risk data in different packages for different sectors or sections of an organisation. Pick from a list depending on your clients’ needs.

Complex problem solving

Complex problems need clever solutions. XDI works closely with resellers to support bespoke solutions for your client.

As the physical risk climate experts,
we’re here to help you

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Our technology: the Climate Risk Engines

The Climate Risk Engines were created in 2012.
Developed by scientists, engineers and climate risk experts, this was the first time the cost of physical climate risk had been quantified in this way.
Today, the Climate Risk Engines are one of the most flexible, powerful and trusted sources of physical climate risk data in the world.

The Climate Risk Engines use engineering-based methods to assess exposure and vulnerability of asset archetypes to understand the likely damage and failure probability of assets caused by extreme weather and climate change hazards.

The coverage is global, granular, sophisticated and under constant improvement.

Our hazards

The Climate Risk Group’s science team is continually adding new hazards to our analysis. We prioritise those that have the greatest impact on people, business and finance, and the widest application.

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Coastal Inundation

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Extreme Heat

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Extreme Wind

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Riverine Flooding

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Forest Fire

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Freeze-Thaw Cycle

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Tropical Cyclone Wind

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Landslide

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Surface Water Flooding

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Soil Movement

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Tropical Cyclone Storm Surge

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See the full Gross Domestic Climate Risk ranking of 2,600+ territories

The XDI GDCR is the second release in the XDI Benchmark Series, ranking the physical climate risk to the built environment in all states and provinces around the world.

See the full 2,600+ territories below.

Statement on fossil fuels and weapons industry

XDI chooses not to provide services wholly directed towards enabling the expansion of fossil fuel production and use. Specifically, we will not provide physical risk analysis for new sites for coal mines, gas or oil fields or coal or gas-fired power plants. XDI recognises that many of our existing clients and resellers provide lending, consulting services or other support to the fossil fuel industry, including its expansion. XDI views our work as crucial to helping our clients understand the costs of catastrophic climate change and informing their business decisions and strategies such that they pursue pathways towards rapid decarbonisation and resilience. On a case by case basis, XDI may choose to add a company to the list of prohibited companies appended to this policy if XDI deems that company to be contributing to the expansion of the fossil fuel industry without appropriate plans to phase out these activities.

In view of the extensive and irreparable harm caused by the international weapons industry, XDI will not provide business services to companies that dominate this industry. XDI chooses not to provide services to companies, including their associated entities, whose business depends upon the continuation of war and conflict and the misery and environmental damage it inflicts. Specifically, XDI will not provide services to those among the 100 largest weapons manufacturers that derive 50% or more of their revenue from weapon sales. These companies will be those identified by the Stockholm International Peace Research Institute in 2021 or their associated entities.

News from XDI

Our latest updates

Climate hazards projected to cause up to $744 billion in property damage by 2100: The Australian Government Productivity Commission Inquiry Report

Climate hazards projected to cause up to $744 billion in property damage by 2100: The Australian Government Productivity Commission Inquiry Report

The Australian Government Productivity Commission has released a new inquiry report – “Investing in cheaper, cleaner energy and the net zero transformation”. XDI’s analysis was used to model the potential reduction in extreme-weather related damage to housing assets from greater resilience measures. Climate hazards are projected to cause up to $744 billion in property damage by 2100. However, adapting existing properties to be more resilient and implementing improved land planning measures can reduce these damages by up to $240 billion.
LA Fires Case Study

LA Fires Case Study

By the end of January 2025, wildfires in Los Angeles had destroyed or damaged over 18,000 structures, claimed at least 29 lives and forced approximately 200,000 residents to evacuate. Alarmingly, fewer than a quarter of damaged properties were insured against fire. The event is the costliest wildfire in U.S. history, impacting the insurance industry globally. In this case study XDI focused on comparing the results of its modelling with the real areas affected by the 2025 LA fires, and future forest fire risk in LA County and California more broadly under a high emissions scenario (RCP 8.5/SSP 5-8.5) in five-year intervals from 1990 until 2100.
Going to COP30? Come see a preview of ResilienceArc - A world-first breakthrough in corporate transparency for climate risk and adaptation

Going to COP30? Come see a preview of ResilienceArc - A world-first breakthrough in corporate transparency for climate risk and adaptation

Together with partners Climate Arc and Earth Capital Nexus at the London School of Economics (LSE), we’re providing a preview of ResilienceArc - a ground-breaking platform that helps investors see which companies are truly ready for a changing climate.

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