S&P Global Market Intelligence and Oliver Wyman Launch Climate Credit Analytics

NEW YORK, June 10, 2021 /PRNewswire/ — S&P Global Market Intelligence and Oliver Wyman at present introduced the launch of Climate Credit Analytics to assist firms consider and assess the influence of local weather threat. The new mannequin suite consists of protection of greater than 700,000 private and non-private firms throughout all non-financial sectors of the worldwide economic system and contains carbon intensive sector particular fashions, akin to airways, automotive manufacturing, metals & mining, oil & gasoline and energy era.

Developed by way of a collaboration between S&P Global Market Intelligence and Oliver Wyman, Climate Credit Analytics helps monetary establishments and firms assess how a transition to a low-carbon economic system will influence the creditworthiness of their counterparties and investments. The resolution interprets local weather situations into scenario-adjusted financials and scores on the firm stage by combining S&P Global Market Intelligence’s superior Credit Analytics threat fashions and distinctive industry-specific datasets with Oliver Wyman’s industry-leading local weather state of affairs and stress testing experience. 

UBS would be the first European-headquartered financial institution to be leveraging Climate Credit Analytics for transition threat evaluation. “We are pleased to collaborate with Oliver Wyman and S&P on this initiative. Partnerships such as this one that bring together the best of capabilities across data, methodologies, and analytics are critical for furthering our understanding of climate-related financial risk. Working collaboratively with the industry and expert organizations on climate risk topics is a key part of Our Climate Strategy,” says Liselotte Arni, UBS Portfolio Underwriter for Sustainability and Climate Risk.

“As businesses continue to assess transition risks, our newly launched models with specialized modeling of high carbon-emitting sectors will provide market participants a holistic approach to assess the potential financial impact of climate related scenarios on their portfolios,” stated Whit McGraw, Managing Director and Global Head of Credit Risk Solutions at S&P Global Market Intelligence. “Our collaboration with Oliver Wyman integrates the experience and capabilities of two world class gamers with a deep legacy in local weather threat administration, credit score threat modeling, and stress testing and we’re trying ahead to utilizing these fashions to help the market continue its transition to a low-carbon economic system.”

“We’re excited to be launching Climate Credit Analytics with S&P Global Market Intelligence. The model suite will meet a key need of our clients to understand the impact of climate change on financial exposures, including for climate stress testing and TCFD reporting,” stated Ilya Khaykin, Partner and Head of Climate Risk for the Americas at Oliver Wyman. “Building our analytics with S&P Global’s extensive datasets results in a solution that generates deep insights on climate risk that will strengthen as more data becomes available.”

The Climate Credit Analytics mannequin suite will make the most of the next datasets from S&P Global:

  • Financials and industry-specific information from S&P Global Market Intelligence, together with oil & gasoline, coal manufacturing, airline passenger volumes, electrical energy capability;
  • Sophisticated quantitative credit score scoring methodologies from Credit Analytics, S&P Global Market Intelligence’s flagship credit score and counterparty threat resolution;
  • Company-level greenhouse gasoline (GHG) emissions and environmental influence information from S&P Global Trucost.

The Climate Credit Analytics fashions will frequently be refined and tailored to the newest disclosure requirements and different market developments. For further info on Climate Credit Analytics, please go to S&P Global Market Intelligence.

About S&P Global Market Intelligence
At S&P Global Market Intelligence, we perceive the significance of correct, deep and insightful info. We combine monetary and {industry} information, analysis and information into instruments that assist monitor efficiency, generate alpha, establish funding concepts, carry out valuations and assess credit score threat. Investment professionals, authorities businesses, firms and universities all over the world use this important intelligence to make enterprise and monetary selections with conviction.

S&P Global Market Intelligence is a division of S&P Global (NYSE: SPGI), the world’s foremost supplier of credit score rankings, benchmarks and analytics within the international capital and commodity markets, providing ESG options, deep information and insights on crucial enterprise elements. S&P Global has been offering important intelligence that unlocks alternative, fosters progress and accelerates progress for greater than 160 years. For extra info, go to www.spglobal.com/marketintelligence.

About Oliver Wyman
Oliver Wyman is a worldwide chief in administration consulting. With places of work in 60 cities throughout 29 international locations, Oliver Wyman combines deep {industry} data with specialised experience in technique, operations, threat administration, and group transformation. The agency has greater than 5,000 professionals all over the world who work with purchasers to optimize their enterprise, enhance their operations and threat profile, and speed up their organizational efficiency to grab probably the most enticing alternatives.

Oliver Wyman is a enterprise of Marsh McLennan [NYSE: MMC]. For extra info, go to www.oliverwyman.com. Follow Oliver Wyman on Twitter @OliverWyman.

Media Contacts
Amanda Oey
S&P Global Market Intelligence
P. +1 (212) 438-1904
E. [email protected]

Francine Minadeo
Oliver Wyman
P. +1 (212) 345-6417
E. [email protected]

SOURCE S&P Global Market Intelligence

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