Climate metrics and software provider right. based on science announced today it will provide free access to the basic functions of its portfolio alignment software, XDC Portfolio Explorer.
The software solution provided by right.based on science provides forward-looking information on the climate impact of equity portfolios in °C, and alignment metrics on the portfolio and equity level, enabling steering along climate KPIs.
Founded in 2016, right.based on science helps companies, banks, and asset managers analyse and understand the climate impact of various economic activities, fulfil reporting requirements, and conduct forward-looking scenario analysis to shape their climate strategies, set emission reduction targets and inform their investment decisions.
The company launched its browser-based software solution, XDC Portfolio Explorer, in December 2020, aiming to provide investment professionals with immediate insight into the overall climate impact of equity portfolios, along with granular data for each single security, and allowing users to explore how rebalancing would affect their portfolio alignment, making it easy to integrate climate data into investment processes.
Sebastian Müller, co-founder of right.based on science, said:
“Our aim is to make it easier for financial actors to understand and manage the climate impact of their investments. While decarbonisation can only be implemented by companies, the capital market has a decisive role to play in providing the necessary financing to make it possible.”