Clarity AI, a sustainability technology platform, and CDP, the non-profit that manages the worldwide environmental disclosure system, have launched a new partnership aimed at developing and bringing to market new methods for assisting financial institutions in analysing and acting on their environmental impact.
CDP data will be used in Clarity AI’s Net Zero platform, which assists financial institutions in maintaining and reporting their Net Zero alignment in accordance with the industry-backed Net Zero Investment Framework (NZIF). Clarity AI will also produce CDP’s fund rating Climetrics, a free-to-search database of worldwide ETFs and funds assessed on their environmental performance.
“CDP brings deep expertise in collecting and cleaning raw climate data, and we are thrilled to work together to ensure our clients are receiving the best signposts on their paths to Net Zero,” said Patricia Pina, Head of Product Research & Innovation at Clarity AI.
Laurent Babikian, Global Director Data Products and Distribution at CDP said, “As CDP holds the world’s largest self-reported environmental dataset, this partnership will ensure Clarity AI clients have access to the most comparable, science-based and comprehensive environmental data available. When greenwashing in ESG must be tackled with robust data, we look forward to working with Clarity AI to ensure their clients have the best possible products for building Net Zero portfolios and rapidly align their investment flows with the 1.5°C goal of the Paris agreement and our planet’s limits.”