SIX enhances ESG data with Urgentem’s carbon emissions data and climate risk analytics

Rick Steves

This builds on the SIX suite of tailored ESG data offerings, broadening its coverage of specialized ESG data sets.

Swiss financial data specialist SIX has partnered with Urgentem to support their clients in meeting climate-related requirements such as regulatory reporting of emissions data, tracking alignment to climate goals (Net Zero) and stress testing among many others.

Urgentem provides quality assured greenhouse gas emissions data and science-aligned climate risk analytics. The team-up is a strategic move for SIX as their customers increasingly look to understand, measure, and manage climate risk and opportunities, and the impact these have on investment decisions.

Understanding the impact of the entire supply chain

Shai Popat, Managing Director Content & Product Management, Financial Information at SIX, commented: “Climate is a key component of ESG considerations for businesses, and one that is set to increase in importance as governments and financial institutions navigate the transition to net zero. We welcome this new partnership with Urgentem – the benefits for our clients are two-fold. As well as providing insights to help understand regulatory trends centred on carbon emissions, the data better facilitates informed decision making of individual investors when it comes to understanding the impact of the entire supply chain.”

Girish Narula, Chief Executive Officer at Urgentem, said: “We are excited to partner with SIX to offer greater transparency and collaboration across sustainable investment decision-making. With mounting pressures from regulators and investors, our data helps financial institutions adhere to new regulatory requirements, such as the Task Force on Climate-related Financial Disclosures (TCFD), and supports the implementation of strategies in the move towards global climate-related targets.”

Through the partnership, SIX will be offering Urgentem’s comprehensive Emissions data set – which provides extensive granular level carbon emissions data of the largest 5,000+ global companies with modelled data available for 30,000+ securities – as well as Emission Reduction Targets and Temperature Score data sets.

All data sets undergo extensive quality assurance and data cleaning before application and are available to SIX clients via Secure File Transfer Protocol (SFTP).

SIX has increased its efforts to help customers drive forward sustainable investing with data, providing consumption-ready data and analytics for more informed decisions.

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