NeoImpact provided TCFD consultation for a leading climate solutions tech provider
Objective of the study
Our client sought assistance in strengthening their climate database, aiming to reduce the time required for climate-related disclosure analysis, in accordance with the Task Force on Climate-related Financial Disclosures (TCFD)
NeoImpact’s Approach
We designed a comprehensive approach to meet the specific client requirements:
- Evaluated climate-related disclosures from publicly listed companies by analysing various data sources, media publications, and conducting timeframe evaluations
- Assessed and refined the client’s machine learning models, collaborating with their climate strategists to establish benchmark models for climate leaders
- Pinned down opportunities for more efficient data compilation and developed a powerful mechanism to trace high quality, accurate data across the climate database
Methodology
Engaging a team of ESG experts and sector specialists, we integrated secondary research and climate data collection. In-depth data was gathered and validated across multiple industries and regions. Automation tools were implemented to expedite the data validation process, and a multi-layered quality assurance approach ensured data accuracy and consistency.
Outcome
- Our team of ESG experts added significant value by delivering an all-inclusive climate consulting services, encompassing data validation and detailed analysis
- We maintained an outstanding 99%+ accuracy rate in data validation and exceeded productivity expectations by 45% month-over-month
- Within 12 months, the project expanded our client’s reach considerably, with an impressive growth in their subscription base
