Montreal-based Carbon Consult Group partners with Beyond Ratings

Carbon Consult Group, a provider of climate change and environmental advisory services, has partnered with Paris-based Beyond Ratings. The French financial services company delivers financial metrics that integrate environmental, social, and governance (ESG) factors.

Carbon Consult Group (CCG) supports public and private sector organizations with emissions reduction strategy, related compliance advisory, climate change adaptation planning, and sustainable finance. CCG’s sustainable finance offering helps clients account for climate change factors in their investments, including exposure to carbon constraint-related risk.

CCG's sustainable finance offering has been strengthened through its partnership with Beyond Ratings, which provides financial rating standards that incorporate environmental risk into the overall assessment, better adapting investment risk analysis to the new realities of the 21st century. Beyond Ratings’ data and research covers more than 175 countries and more than 10,000 stocks, and the company has assessed more than €370 billion in assets under management.

"On behalf of Beyond Ratings, I'm very pleased with this partnership, which allows us to better meet the needs of Canadian-based investors,” Sylvain Château, cofounder & COO of Beyond Ratings, said. “Together, we offer complementary solutions on climate issues, carbon footprint and more broadly on the integration of ESG criteria in a risk analysis and investment-making process, to highly diversified investors."

CCG’s deep consulting expertise in climate change will be augmented by Beyond Ratings’ powerful proprietary data, as well as its risk and financial performance analysis knowledge.

"At CCG we're extremely pleased to have entered in a partnership with Beyond Ratings, a pioneer in ESG sovereign debt analysis,” Jean Paquin, president and co-founder of CCG, said. “We believe this new alliance will allow us to provide a unique solution to the Canadian financial sector, which clearly is keen in integrating climate change risk analysis parameters in their strategic portfolio management strategy."

In other CCG news, the consulting firm was in November selected to help the Montreal suburb of Beaconsfield develop a climate change adaptation plan. Adaptation plans help communities avoid excessive climate change-linked costs in the medium- to long-term, while attempting to minimize impact to economic activity, and citizen health and safety.