Climate X is a London-based company that provides climate risk analytics and corporate asset mapping software. Its Spectra product translates physical climate risks into financial loss metrics for portfolios and individual assets, Adapt quantifies investment in adaptation measures, and Carta maps assets of public and private companies. Its clients include banks, insurers, private equity and asset managers, real estate firms and consultancies.
The controlling company is Climate X Ltd, incorporated in England and Wales, and the company also has an office in New York. The UK is outside the EU, so European customers fall under a non-EU provider. The privacy policy says personal data may be transferred to Europe, Canada and the United States, but it does not state where customer data is hosted. No majority owner is named; the company is backed by venture and corporate investors. The software is proprietary, not open source, so buyers should check hosting locations and the sub-processor list before sending portfolio data.