A very important initiative was announced by TPI and the LSE Grantham Research Institute. It could deliver part of the solution to the need for ESG data, which is at the top of the concerns for the financial industry at the moment (as far as Climate Change issues are concerned).

Their ambitious plan is to “establish a multi-million pound funded TPI Global Climate Transition Centre, to be based at the Grantham Research Institute on Climate Change and the Environment.

The Centre will provide free and publicly available in-depth data on how 10,000 companies are aligning with a net zero pathway, significantly scaling existing coverage across global equity markets. It will dramatically increase the independent assessments of companies from 400 today, to 10,000.

The Centre, which is intended to be opened in early 2022, will also scrutinise corporate and sovereign bond issuers – a vital part of the climate transition and provide world class research at this vital time.”

Link to the official announcement: https://www.transitionpathwayinitiative.org/publications/89.pdf?type=Publication

Link to the LSE announcement page: https://www.lse.ac.uk/News/Latest-news-from-LSE/2021/j-October-21/New-TPI-Global-Climate-Transition-Centre-to-be-based-at-Grantham-Research-Institute

Link to the Grantham Research Institute: https://www.lse.ac.uk/granthaminstitute/

Link to the Transition Pathway Initiative website: https://www.transitionpathwayinitiative.org/