Log in
Show password
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 
  1. Homepage
  2. Equities
  3. United States
  4. Nyse
  5. MSCI Inc.
  6. News
  7. Summary
    MSCI   US55354G1004


SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

COP26 warning: World's listed companies to cause a temperature rise of 3░C

10/12/2021 | 06:12am EST


COP26 warning: World's listed companies to

cause a temperature rise of 3°C

  • As direct emissions continue to rise, the quarterly MSCI Net-Zero Tracker reveals publicly listed companies will burn through their 1.5°C emissions budget within five years of COP26
    • MSCI releases the top 10 publicly listed companies with the largest
      footprint of Scope 1, 2 and 3 emissions

NEW YORK - October 12, 2021 - The Paris Agreement climate targets are increasingly out of reach as the world's publicly listed companies will cause global temperatures to rise by 3°C, according to the latest MSCI Net-ZeroTracker.

With less than 10% of public companies aligned with a 1.5°C temperature rise threshold, the global carbon budget to limit global warming to 1.5°C will be exhausted by November 2026. This timeframe has moved forward by five months in just 90 days since the launchof the Net-Zero Tracker in July.

Henry Fernandez, Chairman and Chief Executive Officer, MSCI, comments: "The findings of the MSCI Net-ZeroTracker should dramatically increase the world's sense of urgency to reduce greenhouse gas emissions. As the extreme weather events of 2021 have reminded us, climate change is not a 'potential' problem 30 or 40 years down the road. It is a clear and present danger to our way of life right now. What we do over the next half-decade- and especially at COP26 in Glasgow - could make the difference between avoiding or experiencing the worst climate impacts. We urge firm action rather than words at COP26 to divert the world from an imminent crisis and chart a path toward a sustainable future."

Emissions set to rise by 6.7% in 2021

The rapidly shrinking timeframe is being driven by the significant rise in greenhouse gas emissions from public companies as global economic activity rebounds.

The Net-Zero Tracker, a quarterly gauge of climate change progress across a global universe of 9,300 public companies based on the MSCI All Country World Investable Market Index (ACWI IMI), finds that company emissions are set to rise by 6.7% this year.

No sector or region is safe

The Net-Zero Tracker also finds that less than half of listed companies are aligned with a 2°C temperature rise. No sector or region is aligned with the 2°C target. Even low emitting industries such as health care, information technology and financial services have outliers consuming a disproportionate share of their industry's remaining budget (Figure 1).

From a regional perspective, although companies in developed economies are projected to become more carbon-efficient this century, every region is still emitting in excess. The problem is most extreme in Emerging Markets (EM) EMEA, where the implied temperature rise of listed companies is 4.8°C, followed by EM Americas and EM Asia, which are set to rise by 3.8°C and 3.4°C, respectively (Figure 2). To address this, companies need to cut their absolute carbon emissions by 10% a year on average.

However, from 2016 to 2020, less than a quarter of the world's publicly listed companies managed this feat.

Major gaps in disclosure of emissions - the laggards revealed

As investors and policymakers seek new levels of transparency on emissions, the latest Net-Zero Tracker shows:

  • Saudi Arabian Oil Company, Gazprom PAO and Coal India Limited are the top three listed companies with the largest carbon footprint (Figure 3)
  • Shaanxi Coal Industry Company Ltd is the largest emitter to not disclose any of its greenhouse gas emissions (Figure 4)
  • GlaxoSmithKline plc, H&M Hennes & Mauritz and Électricité de France S.A. are listed in the top 10 companies that have published the most thorough emissions-reduction targets (Figure 5)
  • Gazprom PAO, A.P. Møller - Mærsk A/S and Toyota Industries Corporation reported additional scopes in the previous quarter and are now reporting all company emissions across most of the relevant categories (i.e., Scope 1, 2 and 3) (Figure 6)

Remy Briand, Global Head of ESG and Climate at MSCI, adds: "While it is encouraging that some of the world's largest listed companies are taking important steps by broadening their emissions reporting and setting decarbonization targets, the Net-Zero Tracker shows that major gaps still remain as many are failing to disclose this crucial information. Climate disclosures are critical for investors to help them assess the carbon intensity of companies, to model climate-related financial risk and the impact on the performance of portfolios, and to allocate capital accordingly. Without accurate disclosures, the chances of companies and investors reaching net-zero is a distant reality. We call on policymakers and financial regulators at COP26 to make climate-related disclosures based on international standards mandatory."


About MSCI Inc.

MSCI is a leading provider of critical decision support tools and services for the global investment community. With over 50 years of expertise in research, data, and technology, we power better investment decisions by enabling clients to understand and analyze key drivers of risk and return and confidently build more effective portfolios. We create industry-leadingresearch-enhanced solutions that clients use to gain insight into and improve transparency across the investment process.

Notes to Editors

*Gigaton is equal to a billion tons

Figure 1

Figure 2

Figure 3

Figure 4

Figure 5

Figure 6

Media Inquiries


Sam Wang

+1 212 804 5244

Melanie Blanco

+1 212 981 1049

Laura Hudson

+44 (0) 207 336 9653

MSCI Global Client Services

EMEA Client Service

+ 44 20 7618.2222

Americas Client Service

+1 888 588 4567 (toll free)

Asia Pacific Client Service

+ 852 2844 9333

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements relate to future events or performance and involve risks that may cause actual results or performance differ materially and you should not place undue reliance on them. Risks that could affect results or performance are in MSCI's Annual Report on Form 10-Kfor the most recent fiscal year ended on December 31 that is filed with the SEC. MSCI does notundertake to update any forward-looking statements. No information herein constitutes investment advice or should be relied on as such. MSCI grants no right or license to use its products or services without an appropriate license. MSCI MAKES NO EXPRESS OR IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE OR OTHERWISE WITH RESPECT TO THE INFORMATION HEREIN AND DISCLAIMS ALL LIABILITY TO THE MAXIMUM EXTENT PERMITTED BY LAW.


MSCI Inc. published this content on 12 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 October 2021 10:11:05 UTC.

ę Publicnow 2021
All news about MSCI INC.
11/30SAYONA MINING LTD (ASX : SYA) Drilling Results Advance Authier Project
11/22UK equity funds lead the way on ESG performance
11/15Archer Signs Agreement with MSCI to Provide Clients with Tax Optimization Solution
11/11MSCI Equity Indexes November 2021 Index Review
11/10MSCI INC. : Ex-dividend day for
11/09INSIDER SELL : Msci
11/08MSCI Published a Management Presentation for Investors
11/04MSCI November Semi-Annual Index Review Announcement Scheduled for November 11, 2021
11/03Index Providers Move Away From LIBOR
10/28UBS Adjusts Price Target for MSCI Inc to $759 From $648, Maintains Buy Rating
More news
Analyst Recommendations on MSCI INC.
More recommendations
Financials (USD)
Sales 2021 2 032 M - -
Net income 2021 731 M - -
Net Debt 2021 2 889 M - -
P/E ratio 2021 68,9x
Yield 2021 0,60%
Capitalization 49 752 M 49 752 M -
EV / Sales 2021 25,9x
EV / Sales 2022 22,7x
Nbr of Employees 4 237
Free-Float 60,1%
Duration : Period :
MSCI Inc. Technical Analysis Chart | MSCI | US55354G1004 | MarketScreener
Technical analysis trends MSCI INC.
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 11
Last Close Price 603,45 $
Average target price 655,78 $
Spread / Average Target 8,67%
EPS Revisions
Managers and Directors
Henry A. Fernandez Chairman & Chief Executive Officer
Carroll Douglas Baer Pettit President & Chief Operating Officer
Andrew C. Wiechmann Chief Financial Officer
Jigar Thakkar Chief Technology Officer & Head-Engineering
Linda H. Riefler Independent Director
Sector and Competitors
1st jan.Capi. (M$)
MSCI INC.35.14%49 752
S&P GLOBAL INC.36.60%109 796
RELX PLC30.77%59 771
EQUIFAX INC.46.49%34 465
WOLTERS KLUWER42.54%28 948