Our sole purpose is to bring data and information to the public on the companies that can decarbonise the planet, allowing investors to put capital into truly impactful solutions.
We want to show that great climate change impact can be generated by the products and services offered by these companies, the “climate champions”.
Clima’s vision is to help investors understand which companies offer solutions that reduce greenhouse gases by avoiding emissions or by sequestering carbon dioxide already in the atmosphere.
We make our approach available to all investors.
By quantifying the consolidated potential CO2 avoidance of companies, we showcase the relevance and importance of focusing on avoidance as a key metric.
We hope that more capital will flow into these companies, allowing for faster growth of their solutions, which will help drive the world towards meeting emissions targets set out in the Paris Agreement.
If it gets measured, it gets managed. We need better ways to track all sources of improvement on reduction and avoidance of CO2 emissions.
Greenwashing, taxonomy confusion
& emissions only focus
No agreement on ESG methodologies
Companies are being rated according to non-standardised ESG methodologies –there are hundreds of different approaches to rate companies according to environmental, social and governance factors. We applaud the idea of holding companies accountable for higher sustainable standards, but it will take a long time for consensus to be created around the different rating systems.
A lot of focus is put on the companies that aim to reduce their CO2 emissions – investment vehicles focusing on the companies doing “less harm”. More and more companies are reporting on Scope 1 and Scope 2 emissions. We think doing less harm is just one element of the solution.
Doing less harm, only
“Impact”, “Green”, “SDGs”, “ESG” investment products without clear goals
Retail investors struggle to invest for purpose. Those that prefer to invest via ETFs only have access to ETFs based on the multiple and disperse ESG scores, or ETFs that are based on “low carbon” emission portfolios of companies reducing their carbon footprint, doing less harm.
We share everything with you. Open source.
We used the list of most substantive solutions to the issue of climate change produced by more than 200 scholars, scientists, policymakers, business leaders, and activists at Project Drawdown as a guideline. We triangulated their mapping of climate change solutions with the recommended list of economic activities and technical screening criteria prepared by the Technical Experts Group at the European Commission, supported by the Principles for Responsible Investment, PRI, of which we are a signatory.
Rules Based | Data Driven | Vetting Process | Scorecards
Presenting the Climate Champions: almost 200 companies in 29 different segments
At Clima we developed a rules-based methodology that is data driven. We have applied this approach and vetted hundreds of securities to assess if they merited to be classified as “climate champions”. We estimated the quantitative impact of each company based on CO2 avoidance figures calculated by us and summarized the qualitative impact in a scorecard.DISCOVER The iClimate Champions
Because we cannot wait
The UN states we need to halve greenhouse gas emission levels by 2030 for a 50% chance of limiting global warming to 1.5o C. Time is not on our side.
Much has been done by governments, agencies, financial institutions, universities, researchers, and data providers. We do believe much more disclosure, regulation and legally binding taxonomy will be further developed. But it will take a few years.
Our scorecard, vetting process and raw CO2 avoidance figures shed the light upon the “climate champions”. Together, this universe of companies will also contribute towards tackling important Sustainable Development Goals. We can do this, now.
Democratising access to truly impactful green investments is a strong commitment we make.
We will continuously work on improving our methodology and tools. We also want to provide more financial data and information on the climate champion companies to you, our users.