ESG Data Guide 2023

Iceberg Data Lab - CBF – Corporate Biodiversity Footprint

Data category

Environmental data

The data offers solutions for:

  • Environmental impact analysis and insight
  • Investment decisions and portfolio insight
  • Nature-based information
  • Nature-based information: Biodiversity
  • Nature-based information: Land use
  • Nature-based information: Water
  • Art 29

Who are the data users?

  • Corporates
  • Financial institutions
  • Investors

Brief description of the data offering

The Corporate Biodiversity Footprint is a set of data modelling the Biodiversity impact of issuers. It allows Financial institutions (Banks, Asset Managers, Asset Owners…) to calculate the biodiversity footprint of their portfolio and to integrate these data into their decision-making processes. We model the impact of corporates (or Govies and Real Assets) through a bottom-up approach allowing to distinguish issuers based on the impact of their product flows throughout the value chain (including scope 3).

Our model also calculates the carbon emissions of issuers, allowing to have consistent dataset on these two separate thematic.

Where and how do you source your data?

We use only public sources to source our data and each line is updated at least once a year.

What is the cost for your data offering?

The cost depends on the number of lines subscribed, as it is tailored to our clients’ needs.

What are the key attributes that differentiates the data you offer?

Iceberg Data Lab’s metrics are based on a robust scientific methodology constantly improved by a research team and reviewed by a scientific committee. As we do not have any business or advisory relationships with issuers, there will be no conflict of interests. Besides, the model is unified for climate and biodiversity to align with the regulator’s demands.

The model reports a full coverage of scopes 1, 2, 3, upstream and downstream. Covering all scopes is important as it can be misleading to only report on a company’s direct emissions. For example, in some cases, scope 3 downstream can represent 90% of a companies’ total emissions. A data quality level is also reported to show the level of modelled and reported data.

We have an unbeatable granularity level covering all sectors and over 2,300 products and services. Additionally, we enable to appraise different products and services in the same sector and, therefore, identifying contributors to transition. Our model is also scalable to other environmental impact measures (i.e. waste, water, impact on human health) and can easily be derived to produce new indicators.

Biodiversity is measured by the Mean Species Abundance (MSA), which is the best available proxy for modelling biodiversity impacts. It allows to compare companies, track their progress over time and simulate mitigation actions. Within the CBF, scores per impact category (land use, climate change, air pollution and water pollution) are reported to display the contribution of these impacts per company or sector.

Contacts

Vincent.simon@icebergdatalab.com