Use Case

Understanding physical climate hazards and opportunity

Key Question

What assets does BMO have that are at risk to physical climate hazards?

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BMO's Climate Institute was launched in March 2021 as part of their Climate Ambition. The Institute applies scientific and analytics expertise to better understand risks and opportunities of a changing climate and the transition. To aid this process, BMO partnered with SpatiaFi, a technology partner that leverages big data through Earth observation platforms such as satellite imagery and rigorous scientific models.

By synthesizing large amounts of data and utilizing advanced analytical capabilities, such as artificial intelligence, SpatiaFi is able to provide BMO with an understanding of potential climate risks and opportunities in the future.

BMO is now using SpatiaFi across a variety of use cases to identify potential climate hazards and opportunities that could be relevant to clients and operations. This includes a wide range of possible climate-related issues, such as increased flooding, drought, extreme weather events, or long-term shifts in temperature and precipitation patterns.

In The Media:

Mitigating the Physical Impacts of Climate Change with Spatial Finance

Google Cloud Lightning Talk with Michael Torrance (BMO Chief Sustainability Officer) 

How BMO is Connecting Climate Resilience to the World of Finance

Scope of work

Strategy

Stakeholder Research
User Requirements
Project Planning
User Engagement
Content Strategy

Design

Digital Identity
Art Direction
Wireframes
User Experience
User Interface

Development

Full-Stack Development
CMS Integration
Geospatial Systems
Database Development
Data Visualization

Launch

Usability Testing
Functionality Testing
Search Engine Optimization
Performance Testing
Security Testing

Evaluation

Stakeholder Research
Program Evaluation
Action on Climate and Sustainability

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