S&P Global Trucost Launches Dataset Measuring Portfolio Alignment with Paris Agreement Goals
S&P Global Trucost announced today the launch of a new Paris Alignment dataset on its Market Intelligence platform, designed to enable investors to measure the alignment of their portfolios with global climate goals.
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.”
According to S&P Global, investors using the new dataset will be able to assess company and portfolio alignment with the goals of the Paris agreement, determining whether company emissions reductions and targets are line with a 1.5°C and 2°C carbon budget. The dataset will also help investors better understand the transition required to meet net zero targets by 2050 or earlier. 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.
The latest launch represents continued expansion of Climate and Environmental data and analytics on the S&P Global Market Intelligence platform. Established in 2000, and acquired by S&P Dow Jones Indices in 2016, Trucost provides data services to assess risks relating to climate change, natural resource constraints, and broader environmental, social, and governance factors. In September 2020, S&P Global announced the addition of Trucost carbon and environmental data to its Market Intelligence platform.