meteoblue and KPMG Norway Partner to Deliver Climate Risk Assessments

meteoblue and KPMG Norway

meteoblue and KPMG Norway partner to deliver climate risk assessments that support resilience and transition planning. Climate change creates both risks and opportunities for organisations and can affect assets, operations, and long-term growth. Many companies still struggle to access consistent, high-quality, actionable climate data that helps identify the most material exposures and supports transparent decision-making.

The partnership brings site-specific climate hazard, exposure, and vulnerability data to Norwegian companies. The service supports regulatory needs and also responds to market expectations, investor demands, and the need for credible transition planning.

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What the service provides

At the core of the collaboration is the meteoblue Climate Risk Report. It combines the following components.

High-resolution hazard data across 28 risk types

The report includes science-based hazard data covering 28 types of climate risks, including extreme heat, floods, and droughts. The data is downscaled to a spatial resolution of 12 km. Current river flood risk is available at a resolution of 90 m.

Site-specific risk assessment for any location worldwide

The report provides site-specific assessments for any location worldwide. It classifies current and future risks into clear action categories.

Methodology and technical transparency

The service includes a 50-page methodology document. This supports technical transparency, disclosure needs, and audit readiness.

Alignment with global frameworks

The report aligns with global frameworks to ensure compatibility with international reporting standards.

Why this matters for Norwegian companies

Large Norwegian companies are subject to the Corporate Sustainability Reporting Directive and face additional evolving ESG regulation, including EU Taxonomy and the European Sustainability Reporting Standards. Many organisations are also acting proactively due to investor expectations, market requirements, and global value chain pressure.

Example engagement

One recent engagement demonstrates the value of the partnership. KPMG Norway supported a client with global operations and extensive value chains in identifying physical climate-related risks across its own operations and supply network. The assessment considered multiple climate scenarios and used meteoblue Climate Risk Reports. The work helped identify where climate change is likely to have the greatest medium to long-term impact and supported targeted climate adaptation measures.

Outcome

Through the partnership, KPMG Norway clients can integrate scientifically robust climate risk data into ESG strategies, transition planning, resilience programs, and adaptation measures.

meteoblue and KPMG Norway help organisations move beyond compliance and use climate intelligence to safeguard investments, strengthen competitiveness, and support successful transition planning in a changing climate.

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