Overview
EcoMap is a not-for-profit project founded by leading academics and industry professionals to democratize access to climate risk data. The platform transforms complex company emissions data into actionable financial climate risk insights for approximately 20,000 companies across 86 countries and 381 industries worldwide. By converting environmental impacts into monetary terms, EcoMap provides a common language for businesses, investors, regulators, and policymakers to address environmental externalities within standard financial frameworks.
Mission and focus areas
EcoMap focuses on making environmental data intuitive and freely accessible to everyone. Its primary focus is the “financial translation” of climate data, specifically sourcing company-reported environmental emissions and converting them to financial terms using methodologies aligned with the International Foundation for Valuing Impacts (IFVI). This bottom-up analysis aims to reveal the hidden liabilities on corporate balance sheets, such as the gap between reported EBITDA and climate-adjusted EBITDA, which represents a significant blind spot in modern financial analysis.
Structure and governance
EcoMap was established as a pro-bono data platform developed in partnership with the MSCI Institute and the Sustainability Institute (IFVI), and in collaboration with the NHH Norwegian School of Economics. It leverages raw environmental data provided by MSCI Solutions LLC. The project is led by a team of academics and industry professionals and operates free from commercial influence to provide independent and public scrutiny of decarbonization progress.
Programs and offerings
The platform offers free, multi-level financial climate risk analyses. Current offerings include the EcoMap data platform where users can search for individual companies to view environmental cost statements, industry-wide macro analyses across 21 NACE Section level economic activities, and geographical impact data. While the platform currently focuses on Scope 1, 2, and 3 greenhouse gas emissions, it is expanding to include other metrics such as water pollution, water consumption, land use, and waste.
