'This is a big deal': Moody's snaps up share in climate risk data firm Four Twenty Seven

Michael Holder
clock
Moody's acquisition could have a crucial impact on how financial markets view climate risk
Image:

Moody's acquisition could have a crucial impact on how financial markets view climate risk

Credit ratings giant said it wants to 'advance global standards for assessing environmental and climate risk factors'

Credit ratings giant Moody's has snapped up a majority stake in climate risk data firm Four Twenty Seven Inc. as part of its drive to "advance global standards for assessing environmental and climate risk...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech developments
  • Stay in the know with our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Tap into our extensive archive of exclusive articles, news, analysis and guides
  • Choose from 3 paid membership levels or start a 7-day no strings trial

Join now Try 7 day trial

 

Already a BusinessGreen
member?

Login

More on Investment

Credit: iStock

Royal Mail, Co-op and Marks & Spencer pension schemes target net zero

British household names commit to halving emissions in their pension portfolios by 2030

Martin Richmond
clock 26 May 2022 • 2 min read
Rooftops in Jordanhill, West Glasgow | Credit: iStock

The UK's net zero target is under threat because there's no plan to pay for it

Building decarbonisation is critical to delivering a net zero Britain, but neither the Treasury nor Scottish government have set out a vision for how a mass green homes retrofit programme could be funded, writes Glasgow Caledonian University’s Keith Baker...

Keith Baker, Glasgow Caledonian University
clock 26 May 2022 • 4 min read
Credit:

HSBC responsible investing head's climate speech was misinformed, misguided and deeply irresponsible

Former UK climate chief Christiana Figueres describes Stuart Kirk's speech last week as 'one of the most irresponsible public statements we have heard in years'

Christiana Figueres
clock 26 May 2022 • 3 min read