S&P Global’s ESG-focused business launches climate risk dataset


Sustainable1, S&P Global’s ESG and sustainability-focused arm, has launched a new nature and biodiversity risk dataset.

According to ESG Today, the dataset lets companies and investors to assess, manage and address nature-related risks and impacts.

The nature and biodiversity risk applies the Nature Risk Profile methodology that was launched in January by Sustainable1 and the UN Environment Programme.

It covers over 17,000 companies and over 1.6 million assets, using nature-related risk metrics such as The Ecosystem Footprint to deliver a better understanding of a company’s impact and dependency on nature.

Sustainable1 chief operating and product officer Thomas Yagel said, “From the launch of the Taskforce on Nature Related Financial Disclosures (TNFD) in 2021 to the significant commitments made at COP15, there is an increasing demand from companies and investors to be able to quantify both their dependency on nature and the impact of their operations on location-specific ecosystems.”

Along with the launch of the new solution, Sustainable1 analyzed the S&P 1200 using the new dataset, indicating that 85% of the companies show significant dependency on nature, using around 22 million hectares of land for direct operations in 2021. Additionally, 46% of those companies have at least one asset located in a Key Biodiversity Area (KBA), leaving them open to future regulatory risk and reputational damage.

Elsewhere in the ESG space, EY has launched EY OpsChain ESG on its Blockchain SaaS platform to provide a single view of CO2 emissions for businesses.

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