HomeCarbon NewsS&P Global Acquires - The Climate Service

S&P Global Acquires – The Climate Service

 

The Climate Service’s tech platform quantifies climate risk. It creates a physical climate risk analytics tool for businesses, investors, and governments.

The platform simulates physical risk, such as severe temperatures, drought, wildfire, coastal flooding, cyclones, and water stress.

It also provides clients with intelligence on transition risks, such as shifting legal, regulatory, and market situations.

The outputs include modeled transition risk and physical risk analysis expressed in financial terms. These are consistent with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD).

More than ever, investors and companies seek evidence-based insights, high-quality data, and advanced analytics to support the decisions driving their strategies linking sustainability and business performance.” says Dr. Richard Mattison, President, S&P Global Sustainable.

The transaction expands S&P Global’s portfolio of essential ESG data, scores, benchmarks, and insights.

Most Popular
LATEST CARBON NEWS

Lenovo Unveils 2050 Net Zero Goal, Enters Carbon Credits Deal

Lenovo has revealed its goal to reach net zero greenhouse gas (GHG) emissions by 2050, which the Science Based Targets initiative (SBTi) approves, and...

Voluntary Carbon Credits Market Can Be Worth $1 Trillion in 2037

The total value of carbon credits traded in the market to help entities achieve their net zero goals can be worth $1 trillion as...

Amazon to Start Trading Renewable Energy in India

Amazon received the green light from Indian authorities to start trading renewable energy sources in the country. After securing a category-III energy trading license,...

UK Considers £300M Climate Bailout of British Steel

The UK government is considering a plan to channel a £300 million ($372 million) climate package to help British Steel reduce its carbon emissions...
CARBON INVESTOR EDUCATION

Abandoned Oil Wells and Carbon Credits

You’ve probably seen dozens of pictures before that look exactly like the one above. An active oil field littered with pumpjacks, all churning out oil...

Is Offsetting Carbon Worth It?

Is offsetting carbon worth it? This question has never been more controversial right now and it deserves a good answer, especially if you're into...

How Does Carbon Capture and Utilization Work?

Carbon capture and utilization technology is not only useful, but a necessary strategy to reduce atmospheric CO2 levels, and stall an increase in global...

Top 4 Carbon Stocks To Watch In 2023

Carbon stocks, credits and capture technology are getting a lot of interest from investors. Companies will attract even more capital in 2023.