Hometrack working in partnership with HSBC has won the 'Best Use of Technology - Credit Risk' category for their climate change risk solution at the Credit Awards 2021.
The product is driven by expertise from Ambiental, the market-leading provider of flood data and analytics, and from Terrafirma,
a leading firm of geologists, soil scientists and engineers who are reshaping the future of ground risk modelling.
The Climate Change Risk product brings together key risk components in a single tool tailored to the requirements of HSBC. It looks at assessing climate risk exposure across its current and future lending portfolios.
HSBC joins a growing list of mortgage lenders the Hometrack climate change partnership is working with, including Leeds Building Society, Yorkshire Building Society, Principality Building Society and Virgin Money.
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