Today, we expanded our partnership with CDP, the foundational global data provider for the #NZDPU. The partnership ensures that, for the first time ever, a core set of climate data – which includes more than 10,000 companies representing over 50% of global market cap – will be publicly available for free. This partnership, necessary for meeting the goals of the Paris Agreement, marks a significant step in making climate information more widely available for public benefit. CDP and the Net-Zero Data Public Utility (NZDPU) will also work together to streamline reporting, avoid duplication, and increase access to consistent, comparable corporate climate data globally. Read the full release here https://lnkd.in/eVRHJ9Gg Quote via Mary Schapiro #climate #climatedata #netzero #CDP #NZDPU
Net-Zero Data Public Utility (NZDPU)
Climate Data and Analytics
A unified, global, open climate transition-related data repository. Proof of concept launched at COP28.
About us
A lack of accessible, high-quality and comparable climate data remains one of the most significant barriers to achieving a global net-zero economy. Launched by French President Emmanuel Macron and United Nations (UN) Secretary-General’s Special Envoy on Climate Ambition and Solutions Michael R. Bloomberg in June 2022, the Climate Data Steering Committee (CDSC) recommended the creation of the Net-Zero Data Public Utility (NZDPU), a unified, global, open climate transition-related data repository. The mission of the NZDPU is to provide a central source of company-level climate transition-related data that is transparent and openly accessible to all. The release of the NZDPU proof of concept took place at COP28 in December 2023 and was a major milestone towards achieving this vision. Supported by CDP, the proof of concept provides an initial set of companies’ Scope 1, Scope 2, and Scope 3 GHG emissions and emissions reduction targets. Once development is completed, the NZDPU is intended to ultimately be integrated with the United Nations Framework Convention on Climate Change (UNFCCC)’s Global Climate Action Portal.
- Website
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https://www.nzdpu.com/
External link for Net-Zero Data Public Utility (NZDPU)
- Industry
- Climate Data and Analytics
- Company size
- 11-50 employees
- Founded
- 2022
Updates
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Ready for #COP29? Don't miss the below launch event at the OECD's COP29 Virtual Pavilion featuring Jolien Noels of the OECD - OCDE, Yann Marin of the Network for Greening the Financial System (NGFS), Henry Rialdi of Otoritas Jasa Keuangan, Vera Rodenhoff of the Federal Ministry for Economic Affairs and Climate Action, Tom Tayler of Aviva Investors, and the Net-Zero Data Public Utility (NZDPU)'s own Simone Kramer. Sign up today: https://brnw.ch/21wOgcX
Achieving net-zero emissions and climate resilience requires aligning finance with climate goals, as called for in the Paris Agreement. The new OECD Review on Aligning Finance with Climate Goals brings together best-available evidence to identify actions policymakers and financial sector stakeholders can take to support efforts to redirect finance toward aligned activities. It also sets out good practices to prevent greenwashing. Key findings include: ➡️ Data and methods to assess alignment are improving, but continued efforts are needed to address large blind spots and prevent greenwashing. ➡️ Finance flows and stocks in activities contributing to climate change mitigation goals still make up only a very small share of total finance and remain lower than in activities that undermine these goals. ➡️ Climate-related financial sector policies and actions are increasing, with over 80 countries adopting financial sector policies that integrate climate considerations, but evidence of their impacts is limited. Discover all the facts, insights and recommendations for improved actions: https://brnw.ch/21wOgcY Join us for the virtual launch event at the OECD’s Virtual Pavilion for #COP29 on Thursday 7 November from 13:15 to 14:45 CET: https://brnw.ch/21wOgcX | #OECDatCOP29
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Net-Zero Data Public Utility (NZDPU) reposted this
Thank you to David Harris and Jane Goodland from LSEG (London Stock Exchange Group) for inviting me to join this insightful conversation with Simone Kramer on transition finance and data. We explored the importance of transition plans in enabling the scaling of transition finance, and how good quality, standardized, and accessible data is essential to everything that we do Sharing links to the Glasgow Financial Alliance for Net Zero (GFANZ) resources mentioned during the chat below: Case Studies on Transition Finance and Decarbonization Contribution Methodologies (September 2024): https://lnkd.in/gmWWsdXy Scaling Transition Finance and Real-economy Decarbonization (December 2023): https://lnkd.in/gzsKJwjJ Financing the Managed Phaseout of Coal-Fired Power Plants in Asia Pacific (December 2023): https://lnkd.in/gwTrJRws Index Guidance to Support Real-Economy Decarbonization (for consultation): https://lnkd.in/g4FhJ7pG All other resources: https://lnkd.in/gxEYF89s #transitionfinance #netzero #netzerotransitionplans
Sustainable Finance Leader | Group Head of Sustainability LSEG (London Stock Exchange Group) | 50 Most Influential in Sustainable Finance ‘23
You can now watch our COP29 webinar on demand: COP29: Bridging Ambition and Action. Hear from leading industry experts about what COP29 might bring and key developments in transition finance, climate disclosure and practical strategies to bridge the investment gap. Watch now: COP29: Bridging Ambition and Action https://lseg.group/40gady0 #sustainablegrowth #sustainablefinance #transitionfinance #sustainabilityleadership David Harris Jaakko Kooroshy Shari Friedman Katie Dolan Nick Mabey Stephanie Chow-Ashton Simone Kramer Shrey Kohli Stephanie Maier Aishwarya Gogoi Sylvain Chateau John Walker-Robertson Aled Jones Roshima Vithanage
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Don't miss this on-demand webinar featuring David Harris of LSEG (London Stock Exchange Group), Stephanie Chow-Ashton of Glasgow Financial Alliance for Net Zero (GFANZ), and our own Simone Kramer chatting about climate transition finance and data. Many thanks to #LSEG for the opportunity!
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Want to access company restatements across jurisdictions, years, sectors, and sources? Navigate to https://lnkd.in/eFAR86zZ to learn and explore.
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Don't miss this webinar featuring David Harris of LSEG (London Stock Exchange Group), Stephanie Chow-Ashton of Glasgow Financial Alliance for Net Zero (GFANZ), and the Net-Zero Data Public Utility (NZDPU)'s own Simone Kramer. Sign up today: https://lnkd.in/eY27MjbY
As part of our COP29 webinar, David Harris will be moderating a discussion with Stephanie Chow-Ashton and Simone Kramer focused on climate transition finance and data. Learn more about our COP29 webinar sessions and speakers and register now: https://lseg.group/3NCbXdH
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During #NYCW, the Net-Zero Data Public Utility (NZDPU), XBRL International, Inc., and ClimateWorks Foundation co-hosted a roundtable that brought together standard setters, financial institutions, data service providers, and #NGOs to discuss the challenges and opportunities for increasing accessibility and discoverability of companies' reported climate data - bringing this data from the "dark" (i.e., #data that is not #digital, that is hard to consume, and hard to discover) into the “light.” Participants explored the development of digital taxonomies for tagging climate data and the ways of accelerating companies’ use of such taxonomies across jurisdictions, which can significantly enhance the accurate extraction and collection of data directly from company reporting. To ground the conversation, the #NZDPU presented out its climate data disclosure landscaping research – detailing the projected scaling of mandatory climate data disclosures globally, and how much of this data will be "dark" vs. "light." Watch this space for the full research post!
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In case you missed it, last week we announced an expanded partnership with CDP, the foundational global data provider for the #NZDPU. The partnership with #CDP ensures that, for the first time ever, a core set of climate transition-related data – which includes more than 10,000 companies representing over 50% of global market cap – will be publicly available for free on the Net-Zero Data Public Utility (NZDPU). Many thanks to David Schwimmer of LSEG (London Stock Exchange Group), Jean-Paul Servais of FSMA and International Organization of Securities Commissions - IOSCO, and Sherry Madera of #CDP for their discussion at the Bloomberg Global Business Forum on what a significant step this is in making climate transition-related data more widely available for public benefit. Read the full release here https://lnkd.in/eVRHJ9Gg
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Net-Zero Data Public Utility (NZDPU) reposted this
Head of Sustainable Finance Strategic Initiatives & Partnerships, London Stock Exchange Group
Big congratulations to #NZDPU and #CDP on their expanded partnership that will take the quantitative corporate emissions and climate targets (with a detailed and granular structure) to the next level with up to 10,000 companies covered and available for free to the market. More details here: https://lnkd.in/eJvWhS_3 Photo below from the panel discussing today's big announcement with David Schwimmer Jean-Paul Servais and Sherry Madera. Well done to everyone involved Simone Kramer Ben Macdonald. Gabriel Presler Daniel Cremin Thomas Yagel Richard Cantor Michael Hugman Tamsin Ballard James Salo Chris Perceval Claire Elsdon Jaakko Kooroshy Jack Simmons Félix Fouret Jane Goodland
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Net-Zero Data Public Utility (NZDPU) reposted this
Today, CDP announced the next step in our partnership with Net-Zero Data Public Utility (NZDPU), which will see CDP become the Utility’s foundational data provider. Core climate data from over 10,000 companies representing 50% of global market capitalization, who disclose through CDP, will become accessible for public good as the NZDPU moves from proof of concept to production. 👇Our CEO Sherry Madera, explains the importance of today’s announcement below. #WriteOnceUseMany
Author | Sustainable Finance | Asia | Government Affairs | Policy | FinTech & Data | Financial Regulation; Chair at The Future of Sustainable Data Alliance (FoSDA)
Just two days into #ClimateWeekNYC and I’m in awe of the momentum and progress. Collaboration is at the heart of driving the much-needed change in our sustainability ecosystem. I was proud today to announce the next stage in CDP’s partnership with the Net Zero Data Public Utility (NZDPU) and to share the stage with The President of the United States, Joe Biden, Mike Bloomberg, Mary Schapiro, Jean-Paul Servais and David Schwimmer to introduce it to the world. CDP is helping increase the value of reporting for businesses by empowering them to write once, for many uses. In recent months, we’ve progressed this by aligning with IFRS S2, by introducing a single questionnaire for companies, and now, by using our unmatched dataset to power the NZDPU. This means CDP’s core climate data from more than 10,000 companies will be available for public purposes through the NZDPU. A new use case, but no additional reporting for companies. There is absolutely no point in reporting if it ends up in a silo. It makes it hard for users to compare performance between markets, forcing businesses to report to several places at once. I’m proud of CDP and our incredible teams leading the charge to solve this problem. We are building an environmental data market with a write once, use many ethos at its core. We can only do this by working with our valued partners. Just last week, we announced our partnership with Brazil’s Security and Exchange Commission, which will see CDP provide IFRS S2-aligned data to support Brazilian companies’ mandatory reporting. If this is just day two, I’m even more excited for day three and day four. Bloomberg Philanthropies / Net-Zero Data Public Utility (NZDPU) / CDP
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