Temperature Alignment Score (TAS): Assessing 2°C Alignment for 50,000+ Global Companies

The Temperature Alignment Score (TAS) helps to understand if a company or your portfolio is 2°C-aligned, in line with the Paris Agreement goal of limiting global warming below 2°C in the year 2100, compared with pre-industrial levels.<br/><br/>The TAS indicates how companies and portfolios align with global climate targets. The IPCC states that the strictness of climate-related policies and the future of technological advancements have a direct impact on the temperature score calculation for the given company. Therefore, users can choose a combination of Carbon Pricing (policy) scenarios and Carbon Removal (technology) scenarios for each company. Carbon Pricing can be expected low, medium or high and Carbon Removal: poor, moderate or strong.<br/><br/>In the Paris Agreement, alignment is defined by two temperature thresholds: +1.5°C and +2°C above pre-industrial levels. Misalignment occurs when scenarios surpass these thresholds.<br/><br/>Under the category 'Misaligned,' we identify two sub-categories:<br/><br/>Strongly Misaligned: Companies or portfolios with a CAS exceeding 3.2°C are deemed severely misaligned with climate targets. Their impact on climate change exceeds standard business-as-usual practices, posing a significant risk of exacerbating catastrophic climate events.<br/>Misaligned: Entities with a CAS ranging between 2.0 and 3.2°C fall short of meeting the Paris Agreement's objectives. Their decarbonization efforts are inadequate for effectively mitigating climate risks, as their transition pace is considered insufficient.<br/><br/>Companies within the 'Aligned' category are meeting or exceeding climate targets:<br/>2°C Aligned: Companies or portfolios with a CAS between 1.5 and 2.0°C meet the Paris Agreement's minimum objective of limiting global temperature rise to +2°C compared to pre-industrial levels. They are actively engaged in transitioning towards a low-carbon economy.<br/>1.5°C Aligned: Companies with a CAS at or below 1.5°C align with the Paris Agreement's maximal objective of limiting global temperature rise to +1.5°C compared to pre-industrial levels. These entities are recognized as frontrunners in the shift towards a low-carbon future, playing a crucial role in mitigating the impacts of catastrophic climate change.<br/><br/>Use case<br/>We support different use cases, but specialize in clients focused on wealth management, asset management, reporting and regulating, portfolio aggregation, fund management and consulting. The use cases include:<br/><br/>- Investment Decision-Making: Assess climate alignment of companies and portfolios for informed investment choices.<br/>- Decarbonization Target Setting: Set and monitor decarbonization targets.<br/>- Climate Risk Management: Identify and manage climate-related investment risks.<br/>- Engagement and Stewardship: Engage with companies on improving their climate strategies.<br/>- Regulatory Compliance: Support TCFD, CSRD and other climate-related regulatory reporting.<br/>- Strategic Planning: Integrate climate alignment into long-term investment strategies.<br/>- Benchmarking: Compare climate performance against peers and standards.<br/>- Stakeholder Communication: Demonstrate commitment to climate action to stakeholders.<br/>- Product Development: Create and enhance sustainable financial products.

搜集汇总

背景与挑战

背景概述

该数据集提供全球5万多家企业的温度对齐评分(TAS)，用于评估企业或投资组合是否符合《巴黎协定》将全球变暖控制在2°C以内的目标。TAS根据碳定价和碳清除情景计算，将企业分为'严重偏离'(>3.2°C)、'偏离'(2-3.2°C)、'2°C对齐'(1.5-2°C)和'1.5°C对齐'(≤1.5°C)四个类别，支持投资决策、风险管理、监管合规等九大应用场景。