Bloomberg's Carbon Risk Valuation Tool Receives Environmental Leader Product & Project Award

Mar 27, 2014 11:30 AM ET

As an organization, Bloomberg recognizes that to create true and enduring sustainable legacy they need their efforts to have both an internal and external impact. To have a more meaningful external impact, Bloomberg has created their Carbon Risk Valuation Tool which recently received the Environmental Leader Product & Project Award.

Read the blog from Bloomberg’s CEO and President Dan Doctoroff.

Bloomberg’s Carbon Risk Valuation Tool, growing out of the concept of a “stranded assets”, helps companies and investors better quantify the financial risk from exposure to high-carbon assets. Although the tool is still in beta, the award signifies that Bloomberg’s efforts on this issue could prove beneficial for their customers, the global financial markets and the broader public good.

Bloomberg, the global business and financial information and news leader, gives influential decision makers a critical edge by connecting them to a dynamic network of information, people and ideas. The company’s strength – delivering data, news and analytics through innovative technology, quickly and accurately – is at the core of the Bloomberg Professional service, which provides real time financial information to more than 315,000 subscribers globally.  For more information, visit www.bloomberg.com.