DFS Group Hires Risilience to Strengthen Climate Risk Program

DFS Group has selected climate and nature analytics company Risilience to strengthen its approach to business resilience and climate risk reporting.

DFS, a travel retailer operating in airports and downtown locations globally, said the partnership will embed Risilience's platform into its sustainability strategy. The platform models physical and transition risks across supply chains and operations, DFS said.

The selection follows a broader push by luxury and travel retailers to quantify climate exposure ahead of mandatory reporting rules in Europe and Asia. DFS did not disclose financial terms of the deal.

Risilience's tools analyze a company's exposure to extreme weather and regulatory shifts, according to the firm. DFS said the data will feed into its annual sustainability disclosures and internal risk committees.

The partnership comes as the Task Force on Nature-related Financial Disclosures gains traction among large corporates. DFS has not set a public timeline for full integration.