The Work Index by Flexa

First Street

First Street is a climate risk technology company that provides data and insights to help businesses and governments understand and manage the financial risks of climate change.

https://firststreet.org/
5.1

/10

Transparency ranking

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Description

First Street is a public benefit corporation dedicated to connecting climate risk with financial risk. The company leverages advanced climate science and engineering to quantify and communicate the risk for every property in the United States. First Street aims to provide actionable insights into climate-related risks, including flooding, wildfire, extreme heat, wind, and air quality, for individuals, businesses, governments, and investors.

First Street's comprehensive data and models are used by various stakeholders, including financial institutions, real estate platforms, government agencies, and insurance companies. They offer tools and resources to understand the financial impact of climate change, inform decision-making, and promote climate-resilient development practices. First Street's mission is to empower stakeholders with the knowledge they need to navigate the growing financial implications of a changing climate.

Mission

First Street's mission is to quantify and communicate the financial risk of climate change for every property in the country. They believe that real estate, the bedrock of the American economy, is being eroded by climate change and that understanding this risk is crucial for financial institutions, governments, corporations, and individuals to make informed decisions. Their data is used to drive climate risk awareness, inform policy, and encourage better investments in a changing world.

Data-driven
Disruptor
Environmental impact driven
Improving quality of life/health
Science and research driven
Social impact led
Sustainability
Tech for good

Culture

First Street promotes a culture of innovation, collaboration, and data-driven decision-making. They are committed to tackling climate change through research, development, and the dissemination of accurate risk data. Their team is comprised of scientists, engineers, and technologists who are passionate about creating solutions to address the challenges of a changing climate. The company values transparency, accessibility, and a dedication to informing both individuals and institutions about climate risk.

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