Home > Swiss Climate Score Compliant Climate Engagement for the 2023 Season 

Swiss Climate Score Compliant Climate Engagement for the 2023 Season 

Jun 7, 2023

Inrate’s engagement pool, the “Responsible Shareholder Group (RSG)”, defined
seven main topics for the engagement season 2023. For each topic, Inrate defined milestones and KPIs to track progress on companies’ performance. For the climate topic “Scope 3”, the RSG decided to increase the requirement for reaching the maximum evaluation on the KPI “targets and follow-up”. From the 2023 season on, companies only reach the milestone on targets, if they commit to a GHG emission reduction target which has been verified as “net-zero” by the “Science-Based Targets Initiative (SBTi)”. This includes Scope 1,2 and 3 emissions. 

With the modification, Inrate newly considers Scope 1 and Scope 2 emission targets, and thus meets the Swiss Climate Score’s criterion for an “engagement strategy that is intended to be compatible with the 2050 net zero target”.
For more information on our engagement activities, please read our Engagement Report 2022: You can find information on the main topic’s milestones and progress on pages 10-18. 

More information on the main topics: Here  

If you are interested in learning more about our engagement offering, do not hesitate to reach out to Tilman Jundt, Head of Engagement: tilman.jundt@inrate.wpenginepowered.com.

If you are interested in attending our Engagement webinar this summer, please sign up to receive an official invitation.

The webinar will take place on August 29th.

Financial market infrastructure provider SIX announced today the launch of a new climate data offering, aimed at supporting investors in reporting and monitoring of climate factors, and in climate-related investment and risk decision making.

The climate data sets, from various data providers in a range of industries, will provide clients with modelled and reported emissions data, covering over 33,000 companies globally, and bringing together multiple data sets on regulatory, historical and forward-looking climate impacts from providers including MSCI and Inrate. SIX also announced that it has recently entered into an agreement with environmental disclosure platform CDP to offer access to its global Greenhouse Gas (GHG) Emissions Dataset across various industries.

According to SIX, the new data sets come as investors increasingly require ESG and climate data to monitor investment decisions and to meet growing regulatory disclosure requirements, including the EU’s SFDR and the U.S.’ upcoming SEC Climate Disclosure Rules.

Martina Macpherson, Head ESG Product Strategy and Management, Financial Information, SIX, said:

“Understanding, measuring and managing climate risk and opportunities, as well as the impact that these can have on investment decisions, is a critical area of focus for market participants and policy makers alike. As more climate risk monitoring and reporting is required globally, the cost of compliance is increasing – both in operations and in terms of specialist ESG resources. SIX works with established providers of basic and specific ESG and climate data in the market.”