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SIX ships new climate data offering

Source: SIX

Today, SIX, the global financial information provider, is announcing the launch of its new climate data offering to support the reporting and monitoring of climate factors, as well as climate-related investment and risk decision making.

SIX now offers access to a variety of climate data sets - providing clients with modelled and reported emissions data, covering a universe of over 33,000 companies globally from various providers in a wide range of industries. The new climate-specific data sets expand the existing coverage of fundamental environmental, social and governance (ESG) data as well as regulatory risk data by SIX. At the same time, they support market participants in fulfilling climate-related regulatory requirements and making more informed investment decisions.

The climate data offering from SIX brings together multiple data sets on regulatory, historical and forward-looking climate impacts from well-established providers, including MSCI and Inrate. In addition, SIX has most recently entered into an agreement with CDP (Carbon Disclosure Project) - the global environmental data disclosure platform - to offer access to their comprehensive global Greenhouse Gas (GHG) Emissions Dataset across various industries.

Investor clients commonly use a range of ESG and climate risk data sets to monitor their investment decisions, for benchmarking purposes and to meet regulatory disclosure requirements. This includes the monitoring of climate factors and disclosure requirements aligned with the globally applied Task Force on Climate-Related Financial Disclosures (TCFD) framework, such as the UK’s Climate-related Financial Disclosure Regulations, the SEC Climate Disclosure Rules, the EU’s Sustainable Finance Disclosure Regulation (SFDR) and the Swiss SBA Guidelines, as well as the voluntary Swiss Climate Scores.

SIX is a single, reliable data source covering climate-related data sets for clients’ varying needs for investment, regulatory and risk management decision-making. This offers significant added value to market participants as requirements increase due to increased regulatory scrutiny.

Martina Macpherson, Head ESG Product Strategy and Management, Financial Information, SIX, emphasizes: “Understanding, measuring and managing climate risk and opportunities, as well as the impact that these can have on investment decisions, is a critical area of focus for market participants and policy makers alike. As more climate risk monitoring and reporting is required globally, the cost of compliance is increasing - both in operations and in terms of specialist ESG resources. SIX works with established providers of basic and specific ESG and climate data in the market. We are committed to providing our clients with high quality and seamlessly integrated ESG data, information services and solutions. This ambition is significantly supported by the addition of these new climate datasets."

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