A sustainable investment rating organization and a product distribution firm have created a platform to rate companies’ compliance with the goals the companies have set under the Paris Climate Accords, the two firms announced today.
The Sustainable Development Investments Asset Owner Platform and Qontigo, its distribution partner, which has offices in New York City and other locations, launched the SDI Innovation Outlook, a database that reviews companies’ patents to determine how well they are meeting the United Nations Sustainable Development Goals.
The platform, launched in 2020, helps investors and financial advisors learn how well or poorly companies are meeting their U.N. goals. The new agreement with Qontigo allows large volumes of data to be incorporated into the process, which enables investors and advisors to manage portfolios and monitor companies’ progress, the two firms said. Currently, the dataset provides reports with detailed company profiles for more than 2,200 firms.
“We evaluate millions of patents across the globe by using large-scale network analysis and proprietary statistical models. The analysis incorporates the quality and importance of individual patents, takes historical trends into account and provides granular insights for specific themes and technologies,” said James Leaton, research director at the the sustainable development firm.