Clarity AI, a sustainability technology platform, and CDP, a non-profit which runs a global environmental disclosure system, have today announced a new data partnership.
The venture will focus on jointly developing and bringing to market new products for financial institutions to measure and act on their environmental impact.
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).
CDP’s fund rating Climetrics, a free-to-search database of global ETFs and funds rated on their environmental performance, will also be calculated by Clarity AI.
Patricia Pina, head of product research and innovation at Clarity AI, said: “CDP brings deep expertise in collecting and cleaning raw climate data, and we are thrilled to work together to ensure our clients are receiving the best signposts on their paths to net zero.”