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SEPTEMBER 9, 2024
Telesto Strategy Showcases Faros, its Physical Climate Risk Decision-making Solution, at Disasters EXPO USA in Los Angeles, CA
On September 5 and 6th, Telesto attended Disasters EXPO USA with leading figures in the industry who are paving the way for development, mitigation, protection, recovery, and response to global disasters.
CHICAGO, IL, September 9, 2024 – Telesto Strategy, a specialized management consulting firm focused on climate risk and sustainability, participated in Disasters EXPO USA, held from September 5 and 6 in Los Angeles, CA. This event brought together thousands of disaster specialists, business owners, and experts in disaster management to better prepare and respond to the world’s most costly disasters.
During the event, Telesto Strategy demonstrated the capabilities of Faros, an end-to-end climate risk solution designed to help businesses identify emerging climate threats and position assets to protect operational continuity, hedge against rising insurance costs, meet regulatory disclosure requirements, and incorporate climate risk into asset acquisition and disposal. Unlike other climate risk approaches in the marketplace, Faros provides scenario-based physical climate risk assessments and property- and portfolio-level roadmaps to ensure enduring climate resilience.
“We are thrilled to participate in Disasters EXPO and share how we’re supporting businesses to plan for and adapt to emerging climate threats,” said Andrew Alesbury, Managing Director at Telesto Strategy. “This event offers us a unique opportunity to connect with leaders in the disaster management community and showcase how Faros can help businesses understand the value at stake and develop a strategy to protect vital assets.”
Telesto Strategy’s presence at Disasters EXPO further solidifies its commitment to delivering client impact through decades of collective expertise in climate risk and sustainability and cutting-edge proprietary tools, datasets, and solutions.
About Telesto Strategy
Telesto Strategy, a certified Women’s Business Enterprise (WBE), is an ESG-focused strategy consulting firm founded with a bold vision to support businesses and governments in the regeneration of the planet’s health, resources, and wellbeing. Telesto aims to achieve this ambition through its dual missions: (i) reframing how businesses, organizations, and countries can achieve enduring and inclusive growth, and (ii) redirecting corporate strategy to solve the biggest challenges of our time while delivering a positive ROI.
About Faros
Faros is Telesto’s climate risk assessment tool that helps organizations understand exposure to climate hazards and plan to protect assets and meet disclosure requirements. Thanks to its probabilistic forecasting capabilities, Faros models financial value at risk from climate hazards and calculates expected losses if certain hazards materialize. By modeling the likelihood of specific climate hazards occurring, Faros enables more robust and calculated decision making to ensure climate resilience.
