Investors can access innovative science-based climate metrics in °C together with further financial, economic and alternative datasets from Nasdaq Data Link.
Frankfurt am Main, July 20, 2023 – Investors and financial professionals can now access a snapshot of their portfolio’s climate impact with results at single security and portfolio level provided as tangible degree Celsius (Centigrade) values, thereby allowing a direct comparison to the 1.5 °C goal of the 2015 Paris Climate Agreement (Paris Alignment). The unique alignment metrics provided by right° are available through Nasdaq Data Link, a premier content provider of financial, economic and alternative data.
“We are focused on taking a science-based approach to provide climate alignment data to support the redirection of capital toward a sustainable transition,” said Hannah Helmke, CEO and co-founder of right°. “We’re excited to help clients better assess the decoupling of carbon emissions within their portfolio through data available via Nasdaq Data Link.”
right° is a Frankfurt-based climate tech company founded in 2016 and is a pioneer of temperature alignment or Implied Temperature Rise (ITR) metrics. right° developed the XDC Model (X-Degree Compatibility), a science-based economic climate impact model that calculates the contribution of a company, building or financial portfolio to climate change. It answers the question: How much global warming could we expect if the entire world exhibited the same climate performance as the entity under consideration? Decision-makers from the business, finance, and real estate use XDC to measure, manage and communicate the climate impact of their activities.
Nasdaq Data Link is a comprehensive data platform providing users with access to a wide range of market intelligence. With over 250 unique real-time and historical market data, financial, economic, alternative and ESG data products, Nasdaq Data Link empowers over 800,000 users within the investment community. The platform offers multiple delivery options, including real-time streaming and REST APIs enabling seamless integration of data into users’ own systems and a suite of analysis tools helping investors unlock alpha.
More information at https://data.nasdaq.com/databases/RGT/overview