VIDA

🥁 Introducing our handy new e-guide: Getting Started with Climate Risk Assessment for Physical Assets! Is physical climate risk assessment fully integrated into your operational management, due diligence, and compliance reporting? A robust physical climate risk assessment is a key element of fiduciary responsibility and new sustainability regulations — and it’s now required for large and listed companies in Europe. Regulators are highly specific about the data a credible assessment requires. Assessing physical climate risk is complex. It requires access to high-quality data and advanced modelling tools capable of capturing the complexity of infrastructure investments over time and across various climate scenarios. ➡️ Download the guide to map out how to assess your assets and meet compliance requirements for physical climate risk → https://lnkd.in/d6YnpAkA We cover: ✅ What regulators require in a physical climate risk assessment (specifically including the CSRD and ESRS framework) ✅ Materiality as the basis for any assessment ✅ The three must-haves for credible physical climate risk assessment ✅ The 4 steps of assessment (including how VIDA can help) ➡️ Book a call with us to find out more - our team of climate and data experts are here to help you develop integrated solutions for your physical climate risk reporting and assessment needs → https://lnkd.in/dq6rFqmJ

🎈 𝟮𝟬𝟮𝟰 𝘄𝗮𝘀 𝗮 𝗰𝗿𝗶𝘁𝗶𝗰𝗮𝗹 𝘆𝗲𝗮𝗿 𝗳𝗼𝗿 𝘂𝘀 - a year of risk-taking and investment, of courage, experimentation, challenges, hard work and important wins. Our location intelligence software became a gold standard for faster infrastructure planning in emerging economies. And, as climate events took center stage, our work with global infrastructure funds, banks and public authorities to provide critical climate risk data is also fast expanding. 𝗧𝗼 𝗼𝘂𝗿 𝘃𝗮𝗹𝘂𝗲𝗱 𝗽𝗮𝗿𝘁𝗻𝗲𝗿𝘀, 𝘁𝗵𝗮𝗻𝗸 𝘆𝗼𝘂 𝗳𝗼𝗿 𝘁𝗿𝘂𝘀𝘁𝗶𝗻𝗴 𝗩𝗜𝗗𝗔! 𝗛𝗲𝗿𝗲’𝘀 𝗮 𝘀𝗻𝗮𝗽𝘀𝗵𝗼𝘁 𝗼𝗳 𝗼𝘂𝗿 𝘆𝗲𝗮𝗿: 🏘️ 2,705,459,584 polygons in the the Google-Microsoft-OSM merged building footprints dataset we introduced (👻) 💻 247,199 Slack messages sent (🤯) 📍 157,888 locations or sites analysed for location risks globally 🐛 500 bug fixes & improvements (🧐) 🌍 58 countries mapped with detailed location information for the first time in the World Bank’s Atlas project (🥰) 💡 50 new product features, including portfolio and Climate Value at Risk (CVaR) analyses (😋) 🌧️ 28 EU Taxonomy-listed climate hazards incorporated into our software (🕺🏼) 🎊 35 team members from 11 countries & 20 nationalities at our first offsite in Cyprus (🥳) 🏃♀️8 monthly initiatives, including social remote events and challenges, that improved our connectivity from 69% to 91% (💪) 📻 6 webinars run (🥸) 🎤 2 accolades won (The SET Award for our work in building quality energy access + Germany’s BSFZ innovation fund) (🥹) 🐶 1 dog adopted (”Toto” - see below!) 𝗧𝗼𝗽 𝟯 𝗶𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝗼𝗻𝘀 𝗶𝗻 𝗩𝗜𝗗𝗔 𝘀𝗼𝗳𝘁𝘄𝗮𝗿𝗲 𝘁𝗵𝗶𝘀 𝘆𝗲𝗮𝗿 1️⃣ Targeted location-based energy subsidy management 2️⃣ Climate Value at Risk (CVaR) analysis for any location 3️⃣ All EU Taxonomy listed climate hazards incorporated into our platform 𝗧𝗼𝗽 𝟯 𝗲𝘃𝗲𝗻𝘁𝘀 𝘄𝗲 𝗮𝘁𝘁𝗲𝗻𝗱𝗲𝗱 🇰🇪 GOGLA in Nairobi - the largest annual gathering for the off-grid solar market 🇵🇹 Running Remote in Lisbon - inspiration for making remote work a success 🇩🇪 DLD Conference in Munich - Europe’s coolest innovation focused event 𝗢𝘂𝗿 𝗳𝗮𝘃𝗼𝘂𝗿𝗶𝘁𝗲 𝗳𝗲𝗲𝗱𝗯𝗮𝗰𝗸: ”Ohhhh woooow - can I see my house?“ (Many users) "Being able to rapidly assess climate and ESG risks with VIDA across different global assets gives us confidence in understanding what is needed to protect our investment and ensure long-term success." - 𝘡𝘰𝘦 𝘏𝘢𝘴𝘦𝘮𝘢𝘯, 𝘐𝘯𝘧𝘳𝘢𝘴𝘵𝘳𝘶𝘤𝘵𝘶𝘳𝘦 𝘏𝘦𝘢𝘥 𝘰𝘧 𝘚𝘶𝘴𝘵𝘢𝘪𝘯𝘢𝘣𝘪𝘭𝘪𝘵𝘺, 𝘌𝘘𝘛 𝘎𝘳𝘰𝘶𝘱 “In a very short while, VIDA helped us build our national electrification planning. Our collaboration has been very beneficial to private investors, independent power producers and the Government of Sierra Leone.” - 𝘊𝘺𝘳𝘪𝘭 𝘎𝘳𝘢𝘯𝘵, 𝘧𝘳𝘰𝘮 𝘵𝘩𝘦 𝘌𝘯𝘦𝘳𝘨𝘺 𝘔𝘪𝘯𝘪𝘴𝘵𝘳𝘺 𝘰𝘧 𝘚𝘪𝘦𝘳𝘳𝘢 𝘓𝘦𝘰𝘯𝘦 Happy holidays, everyone! A huge thank you to each of you who were part of VIDA’s growth this year. 🚀 𝟮𝟬𝟮𝟱, 𝘄𝗲’𝗿𝗲 𝗿𝗲𝗮𝗱𝘆 𝗳𝗼𝗿 𝘆𝗼𝘂!

🏃♀️🏃🏽♂️What better way to spice up the onset of deep, dark winter (in the Northern Hemisphere) than a team activity challenge? Here’s what we did last month to boost connection for our remote team and get those heart rates up. 1️⃣ 𝗔𝗻 𝗔𝗰𝘁𝗶𝘃𝗶𝘁𝘆 𝗖𝗵𝗮𝗹𝗹𝗲𝗻𝗴𝗲: Using a point system, we introduced a dash of healthy competition, motivating everyone to push themselves - not against others, but against who they were last week. The goal? To move more, feel better, and boost overall wellness. Here's how the points worked: - **𝟭𝟬𝟬 𝗽𝗼𝗶𝗻𝘁𝘀** for commuting or taking a lunch walk. 🚶♀️ - **𝟭𝟱𝟬 𝗽𝗼𝗶𝗻𝘁𝘀** for completing a workout. 💪 - **𝟮𝟬𝟬 𝗽𝗼𝗶𝗻𝘁𝘀** for achieving 10,000 steps. 🏃♂️ - **𝟮𝟬𝟬 𝗽𝗼𝗶𝗻𝘁𝘀** for trying a new sport for the first time. 🏄♀️ Last week, we added in points for mindfulness activities like meditation and yoga. This led to a new initiative: every last Friday of the month now features a 45-minute wellbeing block, where everyone is encouraged to extend their lunch break and take time out —whether it’s going for a walk, a run, or meditating. 🧘♀️ 2️⃣ 𝗦𝗼𝗯𝗲𝗿 𝗡𝗼𝘃𝗲𝗺𝗯𝗲𝗿: To add to our focus on wellbeing, we tracked sober weeks as part of this initiative, with **𝟱𝟬𝟬 𝗽𝗼𝗶𝗻𝘁𝘀** awarded for each week. This created space for reflection, mindfulness, and building healthier routines, adding an extra layer of awareness and motivation. Feedback has been inspiring, with teammates sharing how these activities have helped them stay active, feel stronger, and build better habits. Small changes spark meaningful impacts - on health, mindset, and connection. Together, we’re proving that little steps can lead to big transformations. Here’s to a healthier, stronger, and more connected VIDA team! 💚

🌧️ One in four UK homes, or around 8 million properties, could be at risk of flooding by 2050 as impact increases due to climate change, the UK’s Environment Agency (EA) says in its latest National Flood Risk Assessment. The report revises earlier estimates due to better data and climate modelling. Heavier rainfall and rising sea levels in a warming world could affect flooding. London is most at risk from surface flooding, while the East Midlands, Yorkshire and The Humber, and south-east England are particularly at risk from river and sea flooding. The good news? Adaptation can help. The number of at-risk properties rises if more houses are built on floodplains, but could be lower if flood defences are improved. Read the full EA report here → https://lnkd.in/eCeFG_i9 ➡️ Did you know that flood risk is the climate hazard our users most frequently ask for? Get in touch for the most up-to-date analytics on how warming temperatures could impact your portfolio or assets.

🇩🇪 👏 We’re thrilled to be recognized as a part of #Germany’s vibrant, innovation-driven business ecosystem. It’s an honour to announce that we have been awarded a prestigious funding grant from the Research Allowance Certification Office (BSFZ) for our technology innovation. Established three years ago, the #BSFZ meets a critical need in the funding landscape by offering broad, industry-agnostic grants. These funds are specifically designed to foster innovation and bolster Germany’s global competitiveness. Und natürlich ein herzliches Dankeschön an das Bundesministerium für Bildung und Forschung die Unterstützung und Anerkennung! 👏 This recognition underscores the value of our state-of-the-art software, which delivers climate risk and location intelligence to support sustainable infrastructure projects worldwide. We’re excited to continue driving innovation and making a meaningful impact on the future of sustainable development.

👏 We're looking forward to this Fused event tomorrow! Fused is a powerful technical tool that helps us streamline the processing of vast geospatial and climate datasets. By enhancing efficiency, we can deliver faster, more responsive service to our users. Join this great lineup of speakers, including our Senior Machine Learning Engineer Jacob Prince-Bieker, for inspiration and best practices on how you can take your spatial workflows to the next level.

👀 The EU Commission is considering streamlining newly passed sustainability regulations in an effort to slash red tape for businesses. The EU Taxonomy, the Corporate Sustainability Directive (CSRD) and the Corporate Sustainability Due Diligence Directive (CSDDD) could be amended into an omnibus law, EU Commission President Ursula von der Leyen has suggested. The draft Omnibus proposal could be ready by February 2025, according to analysts. The move is expected to maintain reporting requirements while simplifying the process. ⚠️ Climate advocates are concerned that any change could result in delays and uncertainty at a critical time for implementation. Also, the Trump government’s likely shift towards a less climate and environmentally friendly agenda may embolden European deregulation advocates. 🧐 What next? We view it as unlikely that any change will result in changes to obligations, agreed upon after a lengthy process. We see annual sustainability reporting for large companies, including non-EU companies, as here to stay. A new set of Commissioners take up their post this month and will decide on how best to move forward. ➡️ Here at VIDA, we support companies as they make the transition to CSRD and EU Taxonomy compliant reporting - including physical climate risk assessment for assets and biodiversity footprint identification. Get in touch if you’d like to find out how we can support your company in becoming compliance-ready. ➡️ Download our (free) document Getting Started with Physical Climate Risk Assessment here → https://lnkd.in/gq9JiwZh 📸 @Christian Lue

Thank you for sharing our story Natalie Amiri!

Google's Deepmind has developed an AI to more reliably predict weather (15 days out) than current best-in-class models. Weather and climate are some of the most complex systems we know, and predicting them better can save countless lives (think of hurricanes or floods or draughts). At VIDA we embed such models into our seasonal view of extreme weather risks. https://lnkd.in/dezXDau4 Image credit: NASA

➡️ Our colleague Aylin reports in from the frontlines of implementing biodiversity monitoring in Germany. Do get in touch with us to find out more about our key biodiversity indicators and how we can help you to get started with planning, strategy and compliance.