Investments & Climate Change
Objective:There are excellent opportunities to execute smart, sustainable investments in every economic situation and in every market. We are excited to take our unique combination of climate change and sustainability expertise, ESG knowledge, and detailed analyses to the next level for investors and corporates around the world.
Back in 2010, South Pole Group was one of the frontrunners in calculating carbon emissions of investment portfolios through its investment climate data advisory unit.
What started as a novelty for the financial industry soon caught the attention of large investors globally: our Climate Neutral Investments (CNI) unit established the world's largest database on corporate climate change data and pioneered leading, standardised investment carbon emission screening tools, resulting in the successful screening of over USD 2 trillion of assets under management for their climate change implications. CNI data also enabled the financial industry to play a vital role ahead of the Paris Agreement, as a significant number of asset managers committed to increasing the transparency of their portfolio carbon footprint by joining the Montreal Pledge or the Portfolio Decarbonization Coalition. Ultimately, CNI, as the largest remaining privately owned carbon emission data provider for the finance industry, caught the attention of large financial service companies that understood the pivotal value of its data and methodologies, and South Pole Group finally decided to sell CNI to Institutional Shareholder Services Inc. ("ISS").
For our company, this was a historic milestone. From incubating the completely unknown space of investment carbon footprinting back in 2010, to growing the business and co-shaping our own market, to selling the investment carbon footprinting business to a large financial industry player - it has been an exciting journey.
The sale of CNI allows us to significantly scale our global sustainability business, which comprises the full suite of environmental risk and performance assessment - including climate change, energy, water, land use and deforestation. We continue to be one of the world's largest sustainability project developers and a global provider of renewable energy and carbon credits, assessing risks and creating value for our wide range of public, private and civil society clients.