Sustainability technology provider Clarity AI and non-profit CDP have announced a new partnership to develop an environmental data platform. The collaboration will focus on the development and execution of new products for financial institutions to measure and act on their environmental impact. Through the partnership, CDP data will be used in Clarity AI’s Net Zero tool, which supports financial institutions in managing and reporting their net zero alignment, in line with the industry-backed Net Zero Investment Framework (NZIF). Clarity AI will also calculate CDP’s fund rating Climetrics – a free-to-search database of global ETFs and funds rated on their environmental performance. Laurent Babikian, Global Director Data Products and Distribution at CDP, said: “As CDP holds the world’s largest self-reported environmental dataset, this partnership will ensure Clarity AI clients have access to the most comparable, science-based and comprehensive environmental data available. We look forward to working with Clarity AI to ensure their clients have the best possible products for building net-zero portfolios and rapidly align their investment flows with the 1.5°C goal of the Paris agreement and our planet’s limits.”
