Upright launches data model to quantify financial effects of companies’ sustainability risks and opportunities

Why does the world need this data?

Boardrooms speak money. Sustainability teams speak sustainability. Starting today, we're bridging that gap with Upright's impact data engine.

Today, Upright is launching our new product that quantifies the financial effects of companies’ sustainability-related risks and opportunities across their income statements, balance sheets, and cash flow statements.

For the first time, companies and their investors can put a price tag on ALL relevant sustainability risks and opportunities categorised in line with the ESRS (European Sustainability Reporting Standards):

• Environmental (e.g. climate, biodiversity)
• Social (e.g. workforce conditions, consumer safety)
• Governance (e.g. corruption, transparency)

How did Upright produce this data?

Everything we do is enabled by our 7+ years of development in impact measurement leveraging open science and large language model technologies. The core feature of Upright’s proprietary data engine is assessing companies’ impacts and resulting risks and opportunities based on the products and services they sell, drawing impact and product information from 300M+ scientific articles, public databases, and company-disclosed data.

The new financial effects quantification model is built on Upright’s data-driven CSRD double materiality assessment, which is already trusted by 100+ companies and investors, including Orkla, Pictet, European Investment Bank, and Swarovski.

Now, in addition to assessing double materiality, it can also translate companies’ sustainability risks and opportunities stemming from companies’ impacts and dependencies e.g. on natural resources into concrete financial terms across income statements, balance sheets, and cash flow statements.

To date, Upright has conducted data-driven CSRD double materiality assessments, including financial statement effects quantifications, for 50,000 companies – a dataset we will increasingly open to the public later in the spring of 2025.

Who is Upright’s financial effects data for?

For sustainability professionals:

• Meet upcoming CSRD requirements for quantifying the financial effects of sustainability-related risks and opportunities, in effect one year after the first round of CSRD reporting
• Demonstrate the tangible business value of sustainability-related initiatives

For CFOs and business leaders:

• Understand bottom-line implications of sustainability risks and opportunities
• Integrate sustainability factors into financial planning and strategy

For institutional investors:

• Manage portfolio-level risks from sustainability matters more effectively for maximum value creation
• Identify sustainability-related opportunities for individual companies and on portfolio-level

Get involved?

In line with our open-access data policy, we’re today publishing financial effects data on the 35 largest companies in Europe. Start exploring here:

• Inditex, world's largest fast fashion group
• Volkswagen, Europe's largest company by revenue
• TotalEnergies, one of the seven "supermajor" oil companies