Founded in 2020, CIRRUS combines academic climate science expertise with private-sector advisory experience, becoming the first team in Turkey to conduct climate scenario-based credit portfolio analyses.
WHO WE ARE
CIRRUS Consultancy and Engineering was founded in Ankara in 2020 to combine academic climate science expertise with private-sector advisory practice. As the team behind Turkey’s first climate scenario-based credit portfolio analyses, we assess the physical and transition risks that climate change poses to the finance, energy, and industrial sectors through quantitative modeling, helping institutions prepare for the future.
"Our adaptation recommendations for Garanti BBVA contributed to an improvement in the bank's Dow Jones Sustainability Index (DJSI) score. We apply the same principle to every project: decisions based on data, not assumptions."
— CIRRUS Danışmanlık ve Mühendislik
OUR CORE VALUES
To measure the physical and transition risks that climate change poses to institutions using scientific methods, and to contribute to a resilient and sustainable future through evidence-based adaptation strategies.
To become Turkey's leading independent advisory firm in climate risk management, leading institutions toward greater climate adaptation capacity through globally recognized, science-based solutions.
WHY CLIENTS TRUST US
CIRRUS’s reliable and pioneering climate risk advisory services are built on the following proven track record.
The first team in Turkey to conduct a climate scenario-based credit portfolio analysis. Tangible institutional impact: contributed to Garanti BBVA's DJSI score.
Presented Turkey's multi-hazard risk analysis findings to the international community. Scientific representation on the global stage.
Key expert role with UNDP Turkey since 2020. Advisory experience on AFAD and World Bank projects.
Co-author contribution to Turkey's 8th National Communication and BTR-I Transparency Report. Academic foundation rooted in ITU.
HOW WE WORK
CIRRUS’s climate risk advisory approach is based on the scientific methodology developed within the framework of the IPCC’s 5th and 6th Assessment Reports (AR5/AR6). This allows institutions to compare their risk profiles across both current and future climate scenarios. You can access the IPCC’s latest assessment reports here.
The analysis method, time horizon, scenario (RCP/SSP), spatial scale, and temperature threshold are defined.
Asset class, value, sector, location, and service life are identified. Existing and planned assets are assessed separately.
High-resolution climate data is compiled. Sectoral activity and location sensitivity are examined.
10 hazards (temperature rise, drought, extreme wind, wildfire, extreme precipitation, water stress, landslide, sea level rise, cold wave, heat wave) are prioritized by sector; calculations are performed using high-resolution regional climate models.
Risk scores for each hazard are calculated on a scale from Very Low (1) to Very High (5).
A weighted hazard composite produces an overall risk score. For the finance sector, this can be combined with transition risk to produce an integrated, two-sided climate risk report.
REFERANSLARIMIZ
Get in touch today to receive climate risk advisory services for your portfolio.