XDI Wins Sustainable Finance Climate Award
The Australian climate technology company received two industry awards in November 2026 for its physical climate risk work.
Updated on Nov. 5, 2026 in Finance — General
XDI won Best Sustainable Finance & Climate Solution at the Regulation Asia Awards for Excellence 2026, two weeks after being named Climate Data Provider of the Year at the InsuranceERM Climate Risk & Sustainability Awards 2026. The Australian-founded company develops physical climate risk tools used by banks, insurers and investors.
Why it matters
The awards recognize tools that help financial institutions assess how physical climate hazards affect buildings and portfolios. Sector recognition of climate risk data providers reflects growing demand for such analysis across global finance.
XDI received two awards within two weeks, one from Regulation Asia and one from InsuranceERM. The source does not disclose the judging criteria or the number of entrants in either competition.
The players
XDI
XDI is an Australian-founded climate technology company with offices in Australia and London, and is part of The Climate Risk Group.
Hong Kong Monetary Authority
The Hong Kong Monetary Authority is the city's central banking institution, which commissioned the physical risk assessment platform developed by XDI.
The details
XDI developed the Hong Kong Monetary Authority Physical Risk Assessment Platform, which extends on-demand analysis to all Hong Kong banks. The company also collaborates with Morningstar Sustainalytics and Veridion on physical risk metrics for investors, and its analysis is used by Meta, Westpac, Savills and Legal & General.
Timeline
2007: Team begins working on physical climate risk.
2017: XDI is established.
November 5, 2026: XDI wins the Regulation Asia Best Sustainable Finance & Climate Solution award.
Market Dynamics
The HKMA platform, developed by XDI, extends on-demand physical climate risk analysis to every Hong Kong bank, signaling supervisory adoption of such tools. The two awards position XDI among a growing set of providers supplying physical risk data to financial institutions.
Investors and bank customers in markets using physical climate risk analysis may see such assessments factored into portfolio and lending decisions. The awards do not alter any product pricing or access directly.
The takeaway
Physical climate risk data is increasingly embedded in supervisory and investment workflows, not only in specialist research. Readers following finance should watch how central bank platforms like the HKMA's shape bank disclosures and asset valuations over time.
Further reading
Explore more Finance — General coverage for context on climate risk and financial markets.
Source note: This article includes information reported by The Manila times.
