S&P Global Trucost has announced the launch of its Paris Alignment dataset on the Market Intelligence Platform. Trucost’s Paris Alignment allows clients the ability to assess company alignment with the Paris Agreement goal of limiting global temperature increase to below 2C. The dataset examines whether company emissions reductions and targets are line with a 1.5C and 2C carbon budget and can be used by investors to measure the alignment of their portfolios with global climate goals.
The latest launch represents continued expansion of Climate and Environmental data and analytics on the S&P Global Market Intelligence platform. Trucost’s Paris Alignment covers 1,800 companies globally and offers a set of forward-looking analytical tools to quantify and track energy transition to a low carbon economy based on possible future scenarios.
Dr.Richard Mattison, CEO of S&P Global Trucost,said, “Governments, investors and companies are increasingly acknowledging climate risk and taking actions to mitigate climate change. The Trucost Paris Alignment dataset will allow our clients to track companies’ current and forecasted carbon emissions and identify the scale of reductions required by 2025 and beyond in order to meet the Paris Agreement goal.”
Investors can use this new dataset to track companies’ and portfolios’ alignment to the Paris Agreement to better understand the transition required to meet net zero targets by 2050 or earlier.Paris Alignment can also help companies in planning for their green energy transition.
To date, 194 countries and the EU have signed the Paris Agreement and 1,100 companies have made net zero emission pledges.
S&P Global Market Intelligence recently published a research report on the Paris Alignment dataset, read the full report here:ESG Data Signals: Paris Alignment Dataset
It is the latest addition to the suite of Climate and Environmental data and analytics made available on the Market Intelligence Platform includingTrucost Environmental,Trucost Physical Risk, andS&P Global ESG Scores
All the above mentioned datasets, along with the Trucost Paris Alignment dataset are showcased onS&P Global Marketplace.
To learn more about Trucost data, please visit:www.trucost.com
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S&P Global Trucost
Trucost is part of the S&P Global family, operated by S&P Market Intelligence. Trucost assesses and prices risks relating to climate change, natural resource constraints and broader ESG factors. Companies and financial institutions use Trucost intelligence to understand exposure to ESG factors, inform resilience and identify the transformative solutions of tomorrow. Trucost data also underpins ESG indices, including the S&P 500 Carbon Efficient Index and S&P 500 Paris-Aligned Climate Index. For more information, visitwww.trucost.com