FactSet Research Systems Inc.

10/08/2024 | Press release | Distributed by Public on 10/08/2024 06:02

FactSet Introduces Carbon Diagnostics Powered by Emmi

FactSet Introduces Carbon Diagnostics Powered by Emmi

October 8, 2024

NORWALK, Conn., October 3, 2024 - October 8, 2024 -- FactSet, a global financial digital platform and enterprise solutions provider, today announced FactSet Carbon Diagnostics Powered by Emmi, which provides institutional investors and asset owners with scalable and transparent carbon risk data and quantitative analysis sourced from Emmi, a carbon risk management company. FactSet clients will now be able to manage transition risk, fulfill climate reporting requirements, and determine the impact of carbon constraints to drive portfolio performance and move towards a compliant, low-carbon business strategy.

Emmi provides timely carbon risk data and analytics via FactSet's unified investment platform, allowing FactSet clients to assess the carbon footprint of the firms they hold in their portfolios and enhance their decision-making through in-depth carbon risk assessments and climate exposure metrics. Access to these deeper insights enable clients to generate customized and regulatory-compliant reports, conduct comprehensive stress-testing and market research, and design well-balanced portfolios to make informed investment decisions.

"FactSet continues to make strategic investments that enhance and elevate our clients' workflows," said Eric Weitzman, Senior Vice President and Senior Director of Entity Intelligence at FactSet. "FactSet Carbon Diagnostics Powered by Emmi makes assessing climate risk simple, timely, and actionable, empowering our clients with a readily available carbon emissions toolkit that complies with sustainability requirements and identifies potential risks to achieving sustainability goals."

FactSet clients receive personalized insights dependent on their unique climate needs and pricing scenarios generated by Emmi's advanced machine learning and financial portfolio algorithm. These resources are seamlessly integrated into FactSet's Workstation, Portfolio Analytics suite, Standard Datafeeds, and APIs.

Emmi's robust datasets cover public fixed income holdings, and can derive carbon metrics on unlisted private equity as well as infrastructure, real estate, and private debt.

"This agreement is truly a milestone in Emmi's growth journey," said Michael Lebbon, CEO and Co-Founder at Emmi. "Collaborating with FactSet's investment platforms puts our innovative climate risk data and analytics at the fingertips of buyside professionals across the globe to help drive their climate-related investments while accelerating businesses to a low carbon future."

With a continued focus on climate-related financial disclosures, FactSet remains committed to expanding its data capabilities and delivering quantitative solutions designed to help clients mitigate carbon risk and comply with standardized reporting needs.

For more information on FactSet's solutions for asset managers and asset owners, please visit: https://www.factset.com/marketplace/catalog/product/factset-carbon-diagnostics-powered-by-emmi-public

About FactSet

FactSet (NYSE:FDS | NASDAQ:FDS) helps the financial community to see more, think bigger, and work better. Our digital platform and enterprise solutions deliver financial data, analytics, and open technology to nearly 8,200 global clients, including over 216,000 individual users. Clients across the buy-side and sell-side as well as wealth managers, private equity firms, and corporations achieve more every day with our comprehensive and connected content, flexible next-generation workflow solutions, and client-centric specialized support. As a member of the S&P 500, we are committed to sustainable growth and have been recognized amongst the Best Places to Work in 2023 by Glassdoor as a Glassdoor Employees' Choice Award winner. Learn more at www.factset.com and follow us on X and LinkedIn.

About Emmi

Emmi provides financed emissions data and climate risk analysis across all major public and private asset classes. These support climate-related reporting, and analysis that feeds into investment management processes. We use proprietary machine-learning models and algorithms to do this. Our tools translate emissions into financial implications, based on climate and pricing scenarios. This gives our clients actionable insights about their carbon exposure. This diagnostics 'toolkit' is backed by our team of climate and finance experts. Emmi believes that a low carbon economy is possible, and that properly incentivizing and mobilizing capital, by incorporating the cost of carbon into every decision, is the fastest and most cost-effective way to reach Net Zero and beyond. Learn more at www.emmi.io.

FactSet

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