Institutional climate-risk markets

Transform climate risk into transparent, tradable markets.

Theori connects organisations seeking protection with market participants willing to absorb climate and operational risk. Price exposure, trade standardised contracts and monitor the resulting portfolio in one institutional platform.

Parametric contractsTransparent pricingInstitutional workflows

Theori Market Monitor

Australian Climate Risk

Market open

Listed risk notional

A$428.6M

Illustrative marketplace

Open capacity

A$119.0M

Across risk providers

Active contracts

8

Climate and operations

Market participants

24

Institutional demo

Indicative Market Activity

Climate-risk capacity and pricing

+12.4%
MarAprMayJunJulAug

Queensland Heatwave Protection

Climate

Indicative yield

10.4%

Probability

18.2%

WA Cyclone Disruption

Infrastructure

Indicative yield

13.4%

Probability

11.2%

One connected platform

From physical exposure to market execution.

Theori brings market discovery, execution, portfolio management and climate intelligence into a single connected environment.

Climate Risk Marketplace

Discover standardised climate and operational risk contracts across energy, infrastructure, water and natural hazards.

Institutional Trading

Compare bids, offers, capacity and probability signals before simulating risk-transfer transactions.

Portfolio Intelligence

Monitor positions, hedge effectiveness, expected loss, diversification and geographic concentration.

Risk Analytics

Compare market pricing with modelled probabilities, organisational exposure and emerging hedge gaps.

Institutional Governance

Manage mandates, permissions, approval limits, reporting and organisation-wide climate-risk activity.

AI Market Intelligence

Turn complex market, forecast and portfolio signals into clear explanations and potential actions.

How Theori works

A market mechanism for transferring climate risk.

Organisations can reduce unwanted exposure while capital providers access independently defined and measurable risk opportunities.

Open Risk Explorer

01

Identify exposure

Connect physical, operational and financial exposures to observable climate-risk drivers.

02

Price the risk

Compare forecast probabilities, historical frequency, available capacity and wider-market pricing.

03

Transfer or absorb

Buy protection, provide capacity or construct a portfolio of standardised risk contracts.

04

Monitor and settle

Track triggers, portfolio impact, data quality and transparent settlement outcomes.

Built for institutional markets

Governance without sacrificing market speed.

Trading activity can be governed through mandates, approval limits, role-based permissions, transparent data sources and auditable settlement processes.

Objective and independently verifiable triggers

Transparent pricing and available capacity

Clear separation of market and portfolio risk

Institutional controls and auditable workflows

Institutional Enterprise

See both sides of the market.

Compare wider-market pricing and liquidity with your organisation’s own physical exposure, portfolio positions, hedge gaps and approved risk mandates.

Theori demonstration platform

Explore a new market infrastructure for climate risk.

Enter the demonstration environment to discover contracts, inspect market pricing, simulate transactions and monitor portfolio impact.

Launch Theori

All market prices, positions and participants are simulated for demonstration purposes.