The Swiss stock exchange operator SIX expands its range of services in sustainability, intended to give investors better insights into emissions.
Zurich-based SIX is partnering with Urgentem to ensure investors have access to CO2 emissions data and climate risk analysis, the exchange announced Wednesday.
Urgentem's datasets are intended to give investors a better understanding of the climate risks of their investment decisions as they relate to government regulations to promote sustainable investing.
«As well as providing insights to help understand regulatory trends centered 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,» said Shai Popat, one of the managing directors at SIX.
Data Sets
The datasets contain detailed CO2 emissions figures for over 5,000 companies and modeled data for more than 30,000 securities. These datasets help companies meet the global regulatory environment and the expectations of their investors.
Earlier this year, finews.com sat down with Marion Leslie, SIX Group's head of financial information to discuss data generally and ESG data specifically.
Although ESG is not particularly structured at the moment, visualization tools are important for analysts working with ESG data on SIXiD, she said. With every company reporting on emissions using different metrics, this patchy nature is typical for any type of data collection at the start: «If you go back decades, you'll have seen the same issue with company annual reports and P&L statements before those were standardized,» Leslie said.
