ESG Book and Zfolio Join Forces to Enhance Financed Emissions Calculation

ESG Book, a leading provider of sustainability data on public and private companies, has teamed up with Zfolio, a premier platform specializing in managing financed emissions, to streamline the calculation process for financial institutions. This collaboration combines ESG Book's extensive data resources with Zfolio's advanced technology, enabling clients to automate emissions calculations more effectively.

Key features of the partnership include data integration, where Zfolio will utilize ESG Book’s comprehensive sustainability data, encompassing emissions information for over 40,000 companies worldwide and covering Scope 1, 2, and 3 emissions. Clients will also benefit from automated calculations, allowing for the management of large portfolios by connecting equities and bonds to relevant company data through more than 45 million identifiers.

Zfolio's platform will compute financed emissions across various asset classes, including real estate, infrastructure, project finance, and vehicle loans, using country-specific emission factors and data from over four million private companies.

As financial institutions face growing pressure to address climate risks in their investment and lending practices, this partnership addresses the increasing demand for accurate and efficient climate risk assessments.