Iceberg Data Lab - Carbon Footprint
Data category
Environmental data
The data offers solutions for:
- Carbon footprinting
- Environmental impact analysis and insight
- Investment decisions and portfolio insight
- Reporting: Other Regulations
- Reporting: SFDR
- Reporting: TCFD
Who are the data users?
- Corporates
- Financial institutions
- Investors
Brief description of the data offering
IDL's Carbon Footprint is a climate approach that has been in development since 2017 and is operated by Iceberg Data Lab. It calculates the carbon footprint of each corporation through a bottom-up approach, allowing it to distinguish issuers based on the impact of their product flows throughout their value chain (Scope 3).
This dataset allows financial institutions (banks & asset managers) to calculate the carbon footprint of their portfolio and to integrate these data into their decision-making processes.
Where and how do you source your data?
IDL uses only public information to source data. Company information is updated once a year.
What is the cost for your data offering?
Pricing depends on coverage requirements, and can be provided upon request at Sales@icebergdatalab.com
What are the key attributes that differentiate the data you offer?
Iceberg Data Lab’s metrics are based on a robust scientific methodology constantly improved by a research team and reviewed by a scientific committee. As we do not have any business or advisory relationships with issuers, there will be no conflict of interests. Besides, the model is unified for climate and biodiversity to align with the regulator’s demands.
The model reports a full coverage of scopes 1, 2, 3, upstream and downstream. Covering all scopes is important as it can be misleading to only report on a companies’ direct emissions. For example, in some cases, scope 3 downstream can represent 90% of a companies’ total emissions. A data quality level is also reported to show the level of modelled and reported data.
We have an unbeatable granularity level covering all sectors and over 2,300 products and services. Additionally, we enable to appraise different products and services in the same sector and, therefore, identifying contributors to transition. Our model is also scalable to other environmental impact measures (i.e. waste, water, impact on human health) and can easily be derived to produce new indicators.
The Implied Temperature Rise and Carbon Footprint are calculated by the cumulated overshoot/undershoot from 2010 to 2050 of carbon emissions relative to the temperature trajectory that the company should follow to converge by 2050 (versus a sectoral average). The results are shown in both GHG emissions and temperature alignment for 1,5 °C and 2 °C.
