Entelligent partners with Promethos Capital to deliver climate risk analysis
Entelligent, a science-based climate risk analytics company, has established a new partnership with leading ethical investment manager, Promethos Capital (Promethos) to provide forward-looking climate data analysis.
The partnership will span the United States, Europe and Australia and would bring assets in line with the Paris Climate Accord.
Promethos, a majority women-owned institutional investment firm based in Boston, MA, will use Entelligent’s patented Smart Climate technology as it bolsters its range of ‘intentional investing’ products, including climate resilience and gender equality-based strategies.
Entelligent’s technology applies forward-looking climate scenario modelling to project the impact of climate change on publicly traded capital markets and improve the risk-adjusted returns of institutional investment products. The company was the first to be granted a patent for scenario analysis in climate-related risk assessments for the selection of securities in financial products.
Thomas Stoner, Chief Executive Officer at Entelligent, says: “We’re excited to be partnering with Promethos Capital as they strengthen their offering of climate-aligned portfolios. Our Smart Climate technology will play a vital role in ensuring that these strategies are resilient to the growing risks presented by climate change and consistent with a net-zero future. Promethos’ decision to partner with us is testament to the strength of our science-driven offering and we look forward to working together over the coming months in this vital area.”
Ivka Kalus, Chief Investment Officer at Promethos Capital, says: “The purpose of both our organisations, to provide high integrity and ESG strategies to investors around the globe, are perfectly aligned, and this partnership will bring new opportunities for investors as we combine Entelligent’s science-driven expertise with our leading ‘intentional investment’ offering. Entelligent was a natural fit for our values and will provide us with the unique capability of forward-looking risk analysis, a crucial feature that will strengthen our ethical global equity offering. As we continue to expand our platform and product suite in line with our core principles, Entelligent’s support will be vital in ensuring that our products are optimised for future climate risk in order to deliver the best possible returns to investors around the world.”