Delivering confidence and trust for emerging regulatory and compliance obligations
Whether it’s physical climate or nature risk, Earth Knowledge Twin planetary change data and our advisory services assist companies locate, identify and assess risks and inform mitigation and adaption strategies.
Climate & nature analytics for reporting
Climate and nature regulations are generating a new wave of compliance obligations for corporations. In fact, the speed and volume of regulations is incredibly complex. To reduce complexity, Earth Knowledge combines climate and nature analytics into one simple, easy to understand data platform. Regardless of the geography or regulatory requirements, Earth Knowledge will address your compliance needs.
Earth Knowledge Twin provides outputs compatible with:
- Taskforce on Climate-related Financial Disclosures/International Sustainability Standards Board (TCFD/ISSB)
- Taskforce on Nature-related Financial Disclosures (TNFD)
- Corporate Sustainability Reporting Directive (CSRD)
- European Sustainability Reporting Standards (ESRS)
- California Climate Risk Reporting (S.B. 261)
- Australian Treasury Laws Amendment (2024)
Earth Knowledge Science Council
Earth Knowledge Leadership & Science Council thought leadership includes being co-authors of;
- Intergovernmental Panel on Climate Change (IPCC),
- Intergovernmental Panel on Biodiversity & Ecosystem Services (IPBES),
- U.S. National Climate Assessments (NCA),
- IPBES Business & Biodiversity Report,
- Reports with WWF and World Bank, Microsoft and EY.
Built for the future
Earth Knowledge designed our data architecture with an eye on a key central premise: regulations will continue to increase in scope and number. As a data partner, our Earth Knowledge Twin is built for long-term growth to meet future regulations.
Our Integrated Planetary Intelligence® has the capacity to address all of the European Sustainability Reporting Standards (ESRS) E1-5, with E1 & E4 immediately transactable via our standard Nasdaq Data Link and/or Azure marketplace solutions.
Bob Litterman, Founding Partner of Kepos Capital & former Head of Quantitative Resources Group, Goldman Sachs
“Earth Knowledge with their Integrated Planetary Intelligence® is the link for business to this amazing data and analytic engine with the latest models and global platform for calculating the financial risks from climate and other environmental impacts. For example, using these models both government and business can evaluate risks and opportunities including where nature-based solutions make the most sense – putting values on carbon, nature, and the opportunity cost of not using the land for agriculture.”
Our climate & nature partners
Customer Spotlight - Eaton Corporation
Regulatory Response: TCFD (2023)
Overview:
Eaton (ETN), a leading sustainable energy solutions provider and one of Fortune’s Most Admired Companies, is committed to understanding the realities of climate and nature impacts. As part of its commitment to environmental stewardship and responsible business practices, and climate financial risk mitigation, Eaton aligns its sustainability strategy with the recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD). The TCFD framework helps companies assess and disclose climate-related risks and opportunities to investors, stakeholders, and regulators. To mitigate Eaton's climate risks and provide a thorough TCFD report with the most authoritative science-based information, Eaton selected Earth Knowledge and its Digital Twin to gather precise data, analyze climate impacts, and make informed strategic decisions.
Case Study Scenario:
- Data Collection and Integration: Eaton started by Earth Knowledge intersecting its global assets with the Digital Twin. Through a simple and collaborative process, Eaton provided the Earth Knowledge data science team with a list of its assets. To most accurately represent likely future conditions both SSP126 and SSP585 (“business as usual”) were considered.
- Climate Risk and Opportunity Assessment: After the intersection of its global assets with the Digital Twin and into the Earth Knowledge Foresight tool, Eaton gained insights into potential risks and opportunities associated with climate and nature change. They can now analyze how various climate scenarios might impact their energy projects and operations over different time frames (short, medium, and long-term future scenarios).
- Project Feasibility and Investment Decisions: Earth Knowledge Foresight can help Eaton to evaluate its physical asset risks as well as potentially the feasibility of upcoming renewable energy projects under different climate scenarios. They can now assess how global changes, extreme events, or resource availability might impact project returns, timelines, and operational efficiency. This information supports better investment decisions and risk management strategies.
- Resilience and Adaptation Strategies: With Earth Knowledge Foresight and Insight Services, Eaton can more effectively formulate robust climate adaptation and resilience strategies. These strategies include implementing technological improvements, diversifying energy sources, designing climate-resilient infrastructure, and enhancing supply chain resilience to withstand potential climate and nature-related disruptions.
- Investor Communication and TCFD Reporting: Armed with accurate climate data and projections, Eaton prepared a comprehensive TCFD report. This report transparently communicated their climate-related risks and opportunities, climate resilience strategies, emission reduction efforts, and progress toward their climate goals to investors, stakeholders, and regulators. The report showcases Eaton’s proactive approach to assessing climate and nature related risks and their commitment to sustainability.
Earth Knowledge in action:
- Authoritative Risk Assessment and Reporting: Earth Knowledge provided Eaton with analysis based on authoritative science and advanced future climate and nature modeling via Earth Knowledge Twin, with a comprehensive view of their assets under two future climate scenarios.
- Informed Decision-Making: Earth Knowledge provided Eaton with data-driven insights that set the stage for reducing uncertainty and guiding effective decision making.
- Risk Mitigation: By identifying and addressing potential climate risks using Earth Knowledge data and information, Eaton enhances its resilience and minimizes potential financial impacts.
- Enhanced Stakeholder Confidence: Clear and defensible TCFD reporting demonstrates Eaton’s commitment to sustainability, building trust among investors and stakeholders.
- Competitive Advantage: Leveraging projected climate data and analytics sets Eaton apart as a forward-thinking, sustainable energy provider in the market.
- Alignment with Global Climate Initiatives: Eaton’s TCFD reports demonstrate their alignment with international climate goals, fostering positive relationships with regulatory bodies and environmentally conscious investors.