Investors can leverage this scenario analysis, comparable across different companies and industries, to support risk identification, climate disclosure requirements, product creation, engagement activities, and security selection. Physical Climate Risk Metrics is the first new offering in Morningstar Sustainalytics' suite of Climate Solutions. The firm has been building its Climate Solutions unit as well as its product suite, research capabilities, and technology infrastructure to advance its innovation agenda. With more than 100 in-house professionals across a variety of disciplines, the firm's unit is focused on meeting the needs of the financial services industry for climate-related research and data. The Climate Solutions unit is bolstered by Morningstar's recent acquisition of Aquantix, a Montreal-based technology company that provides property-level climate risk data services for the real estate and mortgage lending industries.