French asset manager Mirova’s Research Centre and Sweep, an online platform for managing carbon and ESG data, have teamed up to drive the development of an index for measuring companies’ contributions to global carbon neutrality. The organisations have issued an expression of interest for others to collaborate on the creation of a Corporate Climate Contribution Index (CCCI), which will close on 4 April. The CCCI’s methodology is intended to be presented at November’s COP30 in Brazil. Mirova said that companies play a crucial role in the fight against climate change, as they influence not only their own emissions but also those within their value chains. “The index will represent a significant advancement in our approach to shareholder engagement by enabling us to engage in dialogue on the key action levers based on a transparent methodology,” said Manuel Coeslier, Co-Head of Mirova Research Centre. “This index can also serve as a compass for investment strategies to enhance their performance — and potentially their climate impact.” Renaud Bettin, Vice President of Climate Action at Sweep, added that by putting forward a positive narrative, based on science and applicable to all sectors, “this index will make it possible to highlight the societal role of businesses, and restore the reputation of corporate social responsibility which has been so maligned in recent times”.
