ESG Data Guide 2023

Iceberg Data Lab - SB2A – Science-Based 2°C Alignment

Data category

Environmental data

The data offers solutions for:

  • Carbon footprinting
  • Climate scenario analysis
  • Environmental impact analysis and insight
  • Investment decisions and portfolio insight
  • Reporting: SFDR
  • Art 29 - Paris Alignment

Who are the data users?

  • Corporates
  • Financial institutions
  • Investors

Brief description of the data offering

SB2A – Science-Based Alignment Approach is a Climate approach developed in 2017 and operated by Iceberg Data Lab. It calculates the carbon footprint of each corporate (or Govies and Real Assets) through a bottom-up approach allowing to distinguish issuers based on the impact of their product flows throughout their value chain (including scope 3 when material).

The model calculates an ITR, which appraises the alignment of each issuer with its sectoral decarbonation target, based on scientific sources (SBT, SDA, etc.).

This dataset allows Financial institutions (Banks, Asset Managers, Asset Owners, …) to aggregate and calculate the carbon footprint of their portfolios and to integrate these data into their decision-making processes.

Our model also calculates the biodiversity footprint of issuers, allowing to have consistent dataset on these two 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 companies’ 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.

The Implied Temperature Rise and Carbon Footprint are calculated by the cumulated overshoot/undershoot from 2010 to 2050 of carbon emissions relative to the temperature trajectory that the company should follow to converge by 2050 (versus a sectoral average). The results are shown in both GHG emissions and temperature alignment for 1,5 °C  and 2 °C.

Tweet

Iceberg Data Lab’s SB2A allows FI’s to calculate the temperature alignment of their portfolios. It estimates a temperature rise, which appraises the alignment of each issuer with its sectoral decarbonisation target. Their contribution to transition in terms of reduced, avoided and compensated impacts can also be determined.

Contacts

contact@icebergdatalab.com