Clarity AI, the leading global sustainability tech company, announced today during COP29 that it has become an associate member of the Institutional Investors Group on Climate Change (IIGCC). This membership underscores Clarity AI's commitment to driving the sustainable investment market forward, empowering investors to address climate risk within their portfolios, and contributing to the global transition to a low-carbon economy.
As part of its membership, Clarity AI looks forward to contributing its expertise in climate data needs and potential solutions to IIGCC's working groups, helping to shape future investor guidance on key climate issues.
“Joining IIGCC is a significant step for Clarity AI as we continue our mission to help investors navigate the complexities of sustainable investment,” said Lorenzo Saa, Chief Sustainability Officer at Clarity AI, in Baku. “We’re excited to learn and contribute our insights with IIGCC members to promote frameworks that support a net-zero, climate-resilient future.”
IIGCC’s mission focuses on bringing the investment community together to make significant progress towards a net zero and climate resilient future by 2030. IIGCC helps more than 400 investor members to navigate implementation of climate considerations in portfolios, advocate for a more supportive policy environment, and undertake effective stewardship and engagement with companies, and the wider market, to create practical solutions that can make a real difference in tackling climate change.
Clarity AI supports investors with data and analytics capabilities to make more informed, climate-resilient investment decisions, in alignment with industry and regulatory standards such as the Net Zero Investment Framework (NZIF) or the Sustainable Finance Disclosure Regulation (SFDR) Principal Adverse Impacts (PAI).
“Our collaborative approach across the ecosystem helps us anticipate and address market changes,” said Saa. “As a tech company, we have the flexibility and agility to respond to these changes and meet our clients’ unique needs, whether they are seeking to align wnith regulations, signal their progress to the market, assess the credibility of companies’ transition plans or create climate-resilient products”.
Clarity AI is an active member within various groups, including the Future of Sustainable Data Alliance, the PRI, GFANZ, and the Sustainable Investment and Finance Associations. These memberships reinforce the company’s commitment to shaping the future of sustainable finance and further embedding Clarity AI in the broader climate finance ecosystem.
