Climate

Your warming potential is based on MSCI's Implied Temperature Rise metric, ITR. This indicator reflects a novel approach as recommended by international standard bodies. Globalance considers it to be a "beta-version" with remaining deficiencies. We are calling for robust credibililty-tests to be introduced to callibrate assessments by corporation's track-record of achieved emission reductions. In principle, ITR assesses a company's or portfolio's alignment with the Paris Agreement. MSCI's metric is based on companies' current emissions and reduction targets.