Key Impact Points:

• Strategic collaboration combines ESG Book’s sustainability data with Zfolio’s platform to automate financed emissions calculations.
• Clients can quickly calculate financed emissions across large portfolios, aligned with global regulatory standards.
• Partnership addresses growing demand for accurate climate risk assessment in investment and lending decisions.

ESG Book, a leading provider of sustainability-related data on public and private companies, has announced a strategic partnership with Zfolio, the premier platform for managing financed emissions. This collaboration aims to simplify and enhance the process of calculating financed emissions for financial institutions.

Why it matters:

Financial institutions are under increasing pressure to manage climate risks and opportunities in their investment and lending decisions. Accurately assessing, monitoring, and reporting on climate-related financial risks—particularly financed emissions—has become complex and costly. This partnership offers a streamlined solution.

Details:

• Data Integration: Zfolio leverages ESG Book’s extensive sustainability data, which includes reported and estimated emissions for over 40,000 companies worldwide, covering Scope 1, Scope 2, and Scope 3 emissions.
• Automated Calculations: The collaboration enables clients to automate portfolio emissions calculations, matching equities and bonds to specific company data using over 45 million common identifiers.
• Comprehensive Coverage: Zfolio’s platform also calculates financed emissions for asset classes such as real estate, infrastructure, project finance, and vehicle loans. The system includes country-specific emission factors and data on over four million private companies.

What they’re saying:

Maria Mähl, Head of US Client Solutions at ESG Book, stated: “Given the complexities of calculating financed emissions, financial institutions are increasingly turning to advanced tools that can achieve greater accuracy and efficiency in meeting climate transition goals. Through our new partnership with Zfolio, we are excited to offer clients the market’s leading solution to address their portfolio emissions needs.”

Peter Howard, Founder and CEO of Zfolio, commented: “Combining the quality and breadth of ESG Book data with Zfolio’s technology means asset managers of any size can get the most accurate financed emissions calculations easily and efficiently from a single source across all asset classes. No other platform in the market has that capability.”

The bottom line:

This partnership empowers financial institutions to obtain full financed emissions calculations on large portfolios with just a few clicks, delivering results aligned with the latest global regulatory standards and including detailed emissions breakdowns. It addresses the growing need for accurate climate-related financial risk assessment and supports institutions in meeting their climate transition goals.