Our Green/Climate Change Strategy
Climate Change AI
Energy consumption from banks and insurers cloud and onprem setups contributes hugely to greenhouse emmissions. Using Automation we can utilise Carbon Emmission reductors and predictorto ensure s energy efficiency in companies
Climate change in the financial sector we can assist with
Solution that generates early warning signals related to client behavior for their wholesale banking portfolio managers in near real-time, based on external data, (e.g. world-wide news, climate risk, ESG impact, human rights abuses, bankruptcy, fraud, etc).
We work alongside the financial system to strengthen its resilience to physical climate change risk
KaribuTechAI leverages satellite data and in-house machine learning algorithms to help financial institutions predict the likelihood and impact of climate risk events within the credit evaluation processes, by providing an API that integrates big data, advanced analytics and predictive models.
Enhancing the financial management of climate impact
We are developing advanced technologies and useful processes to support banks in assessing the impact of possible climate scenarios and managing their climate risk exposures.
With the enormous advantages of algorithms, we allow banks to:
- Enhance risk monitoring and mitigation
- Assess the exposure of their portfolio
- Improve capital allocation
- Take preventive measures before issuing loans
- Prepare for the coming legislation
Climate risk. As a code accelerator, gen AI can suggest code snippets, facilitate unit testing, and assist physical-risk visualization with high-resolution maps. It can automate data collection for counterparty transition risk assessments and generate early-warning signals based on trigger events. As a virtual expert, gen AI can automatically generate reports on environmental, social, and governance (ESG) topics and sustainability sections of annual reports (see sidebar, “How generative AI can speed financial institutions’ climate risk assessments”).
Sustainable Lending
Green mortgages are typically only offered to customers when they proactively present an EPC rating of A-C. If banks use AI to incorporate EPC data as part of the application process, these could be automatically offered at the time of lending. This saves the customer the time and effort in having to look for the EPC themselves and instead allows banks to be proactive
OUR SERVICES
We work with change-oriented executives to help them make better decisions, convert those decisions to actions.