ESG Data Guide 2024

Carbon4 Finance - CARBON IMPACT ANALYTICS (CIA) For climate transition risk

Data category

  • Environmental data
  • Governance data
  • Indices/Exchange data
  • Rankings
  • Ratings
  • Research data
  • Verification/Certification/External opinion
  • Research data

The data offers solutions for:

  • Carbon footprinting
  • Climate scenario analysis
  • Environmental impact analysis and insight
  • Investment decisions and portfolio insight
  • Nature-based information
  • Nature-based information: Water
  • Norms-based screening
  • Physical risk
  • Reporting: CSRD
  • Reporting: EU Regulations
  • Reporting: ISSB standards
  • Reporting: Impact
  • Reporting: Other Regulations
  • Reporting: SEC climate
  • Reporting: SFDR
  • Reporting: TCFD
  • Reporting: TNFD
  • Reporting: UN SDGs
  • Temperature alignment
  • Transition plan assessments
  • Article 29

Who are the data users?

  • Corporates
  • Financial institutions
  • Government
  • Investors
  • Trustees
  • NGO; Schools; Banks; Index providers

Brief description of the data offering

The CIA database covers 42,000 entities, 210 countries, 75 sectors and the main indexes. We also use all of our bottom-up analysis to extrapolate and extend our coverage. 

Our data is accessible through our platform and SFTP flux. We offer our clients an unlimited number of users. Our platform works with Excel import/export and provides portfolio aggregation.

We provide qualitative, quantitative, physical and NZIF-compatible indicators such as : 

  • Emissions induced (Scope 1, 2 and 3): as indirect emissions (categorized as Scope 3) are significant for most business sectors, it is essential to account for these to have an accurate picture of climate-related risks and opportunities. We provide Scope 3 emissions for all sectors, allowing investors to identify areas for improvement as part of a shareholder engagement strategy or to select the best-performing companies within a sector as part of an intra-sector allocation strategy.
  • Emission savings (Scope 1, 2 and 3): Beyond the carbon footprint and induced emissions, it is necessary to account for a company’s capacity to contribute to the climate transition. This is integrated in CIA via the calculation of emission savings.
  • Forward-looking analysis: CIA reflects on the future climate-related performance of analysed companies, providing a qualitative, “forward-looking” analysis which assesses the decarbonisation strategy and other forward-looking criteria.
  • Overall rating: All aspects of a company’s contribution are aggregated into an overall rating, which encompasses past, current, and forward-looking scores of all underlying activities of the company. This overall rating allows for thorough comparison between portfolio constituents, or between a portfolio and its benchmark. It also represents a good proxy for the asset’s exposure to transition risks.

Where and how do you source your data?

Carbon4 Finance assesses the carbon footprint, physical risk and biodiversity impact on the complete value chain based on financial reports of companies. Carbon4 Finance collects physical and activity data, converts it into tCO2eq thanks to our emission factors developed by Carbone 4 expertise and calculates Scope 1 & 2 and Scope 3 emissions. Our 25-strong analyst team scour companies' annual reports to collect physical information and model these emissions using a bottom-up approach.

To take a concrete example from an automotive company like Toyota. Analysts will open Toyota's annual report and collect the number of hybrid, combustion and diesel vehicles. They will then apply different emission factors for the same electric vehicle sold in France and China, as we don't have the same energy mix and therefore not the same Scope 3. Indeed, China's energy mix is much more carbon-intensive. This bottom-up and sector-based approach is our strength.

We cover more than 75 business sectors with this bottom-up approach, thanks to the expertise of the Carbone 4 group. In fact, when we want to cover a new sector such as pharmaceuticals, we rely on the dozens or even hundreds of assignments we've carried out for our consulting division. These missions not only enable us to develop sectoral expertise and master the challenges of each sector but also to create emission factors for modelling purposes. The latest emission factor created is, for example, the emission factor for a women's perfume from a luxury brand.

What is the cost for your data offering?

Our subscription costs are discussed according to our client's needs.