TechInvest News

Climate risk analysis firm Emmi takes its data global

Written by Staff Writers | Oct 9, 2024 3:13:37 AM

Carbon emissions and climate risk analysis firm Emmi will integrate its products into the widely-used FactSet business data and analytics platform to enable investors to access and incorporate key environmental metrics into their investment processes.

 

Emmi CEO and co-founder, Michael Lebbon said ‘This agreement is truly a milestone in Emmi’s growth journey. It will put our innovative climate risk data and analytics at the fingertips of buy side professionals, globally.

 

‘At Emmi we believe that a low carbon economy is possible, and that properly incentivising and mobilising capital, by incorporating the cost of carbon into every decision, will enable the finance sector, and its customers, to efficiently allocate resources towards achieving Net Zero and beyond.

 

‘The native integration of Emmi into FactSet will provide FactSet customers direct access to our financed emissions data and climate risk analysis across all major public and private asset classes. These support climate-related reporting, and analysis that feeds into investment management processes. Emmi and FactSet together will give clients actionable insights about their carbon exposure, so they can make the decisions that will accelerate decarbonisation.’

 

Eric Weitzman, Senior Director and Senior Vice President of ESG and Regulation at FactSet said, ‘FactSet continues to make strategic investments that enhance and elevate our clients’ workflows. FactSet Carbon Diagnostics Powered by Emmi makes assessing climate risk simple, timely, and actionable, empowering our clients with a readily available carbon emissions toolkit that complies with sustainability requirements and identifies potential risks to achieving sustainability goals’.

 

Emmi’s robust datasets cover over 40,000 public equities, and around 400,000 public fixed income holdings, and can derive carbon metrics on unlisted private equity as well as infrastructure, real estate, and private debt.