Earth Security Group has developed a new tool and method for risk analysis.
The Earth Security Index™ is a proprietary tool that quantifies 24 pressures for individual countries in a visual way, using official data for over 200 countries.
The tool is used to:
- Analyse a company’s exposure to pressures affecting its key countries/markets.
- Identify risk priorities and emerging issues for the global and country risk registers.
- Benchmark the corporate strategy against country risk pressures, identifying key gaps.
- Map areas for collaboration and stakeholder engagement.
The country’s population growth rate and density.
The levels of unemployment and youth unemployment in the country.
The extent and equity of education.
The quality and independence of the public service and
the effectiveness of policy implementation.
The level of transparency and accountability of government decisions.
Rule of Law
The quality of contract enforcement, property rights, the police, the courts, and
the likelihood of crime and violence.
The quality, transparency and accountability of governance in the oil, gas and mining sectors.
The ability of the domestic energy system to meet energy demand not accounting for energy imports.
Lack of Access
The proportion of the population without access to electricity.
Carbon emissions from electricity generation and industry.
The sustainability of the public debt and likelihood of a sovereign debt crisis.
The increase in consumer prices and decline in the purchasing value of money.
The availability of water in the country throughout the year.
The percentage of wastewater in the country that is treated.
Water that is imported by being embedded in commodities and products.
The vulnerability of cities and infrastructure to adverse climate impacts.
Exposure to Extremes
The level of exposure of a country to extreme weather events measured in human and economic losses.
The lack of security that a person’s land rights will be recognized and protected.
The reduction or loss of land ecosystem services and the land’s productivity, including drivers like soil erosion, salinity and deforestation.
The loss of forest cover of a country’s territory.
The availability of food to meet the needs of the population, through domestic production and imports.
The ability of poor households to purchase the food they need.
The population’s access to safe and nutritious food.
The country’s reliance on food imports.