Sustainability data platform Measurabl and the CRREM Foundation have launched a dataset to track company-level climate transition risk across the US$1.7trn (€1.48trn) FTSE EPRA Nareit Developed Index, a global benchmark for real estate investment trusts (REITs).
Measurabl has integrated company-level CRREM alignment data into its ESGx suite, which provides asset and company-level carbon and energy metrics across the benchmark.
The dataset provides a company-level view of transition risk, helping investors monitor when companies might fall outside decarbonisation pathways.
Andrea Palmer, CEO of the CRREM Foundation, said: “CRREM was designed to help investors assess transition risk systematically across diversified portfolios, but applying it consistently across REITs and public companies has been a challenge.
“What investors need is a clear, consistent, comparable way to assess how companies perform against science-based transition pathways. This is even more needed in public markets where buy-side investors trade within clearly defined opportunity sets.”
Aislinn McCarry, head of EMEA at Measurabl, said: “Listed real estate investors need a consistent way to understand when companies may fall out of alignment with climate transition pathways – and what that could mean for future cost, risk and valuation.
“ESGx Securities translates complex, asset-level performance into a clear, comparable company-level signal, helping investors benchmark exposure, inform underwriting and engagement strategies and integrate transition risk into investment decision-making with greater confidence.”
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