To create the unified platform that equips organizations with the climate intelligence they need.

Institutional investors are increasingly expected to assess and disclose physical climate risks across diversified portfolios. For many, especially those with large allocations to private markets, this creates a structural challenge. Data is often incomplete or fragmented, ownership structures are layered, and the level of assessment varies widely across managers and operating entities.

Sydney, 14 October 2025: Pathzero, the leading platform for climate risk data in private markets, has announced the launch of a new capability that allows investors to collect location-level data on the operations and assets within their portfolios – laying the foundation for comprehensive physical risk management across global private markets.

By Carl Prins, Pathzero Insights | September 29, 2025 Mike Tyson famously quipped, "Everyone has a plan until they get punched in the face." In the world of climate risk modelling, that punch arrives not from a heavyweight bout, but from the relentless flux of policy shifts, geopolitical surprises, and weather events that defy our carefully constructed forecasts. For asset owners, this rings especially true as Australia's AASB S2 Climate-related Disclosures standard approaches—finalised just a year ago and mandating adoption in reporting periods beginning on or after 1 January 2025 for Group 1 entities, with Group 2 entities required to report from 1 July 2026 onwards. The standard demands robust, decision-useful disclosures on transition and physical risks across direct holdings and indirect exposures via third-party managers. Yet, the scenarios underpinning these disclosures—venerable frameworks like NGFS and IPCC pathways—offer structure at the expense of agility. They excel in compliance but falter in foresight, leaving asset owners grappling with outdated baselines amid accelerating change.