Fitch Solution’s country, political and industry insights-focused data and analytics provider BMI announced the launch of a new expanded ESG Country and Physical Climate Risk service aimed at helping investors and companies to quantify the impact of ESG issues on economies and industries, with the use of alternative data.
According to BMI, its expanded ESG Country service incorporates granular ESG data that allows users to quantify, monitor and model ESG risk exposure, across key metrics including pollution, climate and nature, human rights, gender and health, political rights, crime and conflict risk.
The service also uses geospatial data to support physical climate risk assessments, enabling users to assess the impact of major climate-driven hazards and disasters on populations and asset types, with impact intensity and climate pathway scenarios to 2050, according to BMI.
BMI said that the ESG Country index covers more than 140 markets, and includes geospatial data for six major natural disasters and ten asset and industry types.
Lyndsey Anderson, Head of BMI, said:
“Increasing climate hazards are leading to ever greater financial losses, operational delays and asset depreciation. We are confident that our physical climate risk impact analysis and data will empower clients to better pinpoint climate risk hotspots and vulnerable assets, which in turn will support their resilience and adaptation strategies.”
