S&P Global Market Intelligence Platform Adds Trucost Carbon and Environmental Data
S&P Global Market Intelligence announced today that it has added its Trucost carbon and environmental data covering over 15,000 companies to its platform. The addition enables users to incorporate climate and environmental analysis with existing financials, market, and asset level data for a holistic analysis in their business decisions.
Richard Mattison, CEO of Trucost, part of S&P Global, said:
“There is demand from financial institutions and companies to integrate climate and environmental considerations into financial decision-making. For the first time, clients can now access Trucost data and analytics alongside the full capabilities of the S&P Global Market Intelligence platform.”
Trucost assesses and prices risks relating to climate change, natural resource constraints and broader ESG factors. The provider’s environmental and climate data represents 99% of the global market capitalization, and includes greenhouse emissions (scopes 1, 2 and 3), water, waste, pollution and natural resources data. The integration of Trucost into the S&P Global Market Intelligence platform is aimed to provide portfolio analytics capabilities on the desktops of corporates, asset managers and pension funds, enabling them to analyze and identify environmental and climate- related risk and opportunities across their portfolio.
Sonia Kim, Managing Director at Trucost, S&P Global, said:
“In a post-COVID environment, we expect heightened interest in incorporating ESG criteria to better understand the long-term risks and opportunities of a company. Trucost data on the Market Intelligence platform provides customers with unique climate and environmental analytics that can be integrated into their workflow and decision-making process. Powerful tools like screening and portfolio analytics enable users to cross-analyze and measure ESG factors alongside the traditional financials as well as our industry, sector-level, and market data.”
S&P stated that the integration of Trucost data on the Market Intelligence platform adds to the suite of S&P Global Market Intelligence’s ESG and climate analytics offerings, which include Trucost’s Climate Change Physical Risk analytics, Climate Credit Analytics and S&P Global ESG Scores.