MSCI publishes Implied Temperature Rise data for over 2,900 companies

Tool allows comparison of companies projected emissions against climate targets

Data provider MSCI has launched its Implied Temperature Rise tool today, allowing investors to access the temperature alignment of over 2,900 companies, portfolios and funds with global climate targets.

Announced last month, the Implied Temperature Rise is calculated by "comparing companies' projected emissions with their allocation of the global remaining carbon budget", a figure that sets the upper limit on allowable carbon emissions to keep the planet below the temperature targets of 2°C and 1.5°C. The tool allows investors to search a company's name or ticker to access its Implied Temperature Rise, decarbonisation target (through MSCI's Target Scorecard) and its MSCI ESG Rating, which has been available since 2019. MSCI added that it "will continue to conduct proactive outreach t...