In 2015, the United Nations agreed to do everything in their power to limit global warming to 1.5°C. As a result, many companies have focused their efforts on a “net zero” label. An important step. But in our view, not enough to truly and permanently curb global CO2 emissions.
That’s why we founded right. based on science (right° for short) in 2016 – with a strictly scientific approach and a clear goal: Our software and metrics are designed to help companies seize the challenging targets arising from the Paris Climate Agreement as an opportunity to decouple economic success and CO2 emissions.
A simple °C number as a decisive KPI
The most important KPI for the future of companies and portfolios will be the temperature they have in relation to the 1.5 °C of Paris. That is what we firmly believe.
With the X-Degree Compatibility (XDC) Model, we have developed a scientifically sound methodology that can reduce complex climate impacts of companies, buildings, and financial portfolios (private and listed equity, bonds, government bonds) to a simple degree Celsius number.
This “temperature alignment” approach, which we pioneered, has already been adopted in many sectors. We believe:
The new standard will be °C.