OS-Climate in The News

OpenEarth and Linux Foundation’s OS-Climate partner to expand climate data commons for the Paris Agreement

26 September 2022

OS-Climate (OS-C) is excited to announce that OpenEarth Foundation has joined as a member. Learn more about our joint plans to enable data harmonization and nested accounting of climate data for subnational actors.

OS-Climate and Riskthinking.AI Announce Partnership on Climate Risk Data

24 September 2022

OS-Climate and Riskthinking.AI announce partnership on Climate Risk Data.  The partnership will make Riskthinking.AI’s comprehensive climate and economic data sets available for stochastic modelling of Physical Risk & Resilience and Transition Analysis.

U-Reg partners with Linux Foundation’s OS-Climate to simplify ESG reporting through equivalences, streamlining ESG information exchange.

2 August 2022

U-Reg partners with OS-Climate’s ESG reporting stream to develop a cross- jurisdictional common ESG disclosure platform. U-Reg is delighted to announce the launch of a collaborative project with OS-Climate to offer a solution that tackles the complexity of taxonomy and disclosure-aligned reporting by leveraging on a powerful open-source community and on technological expertise. While financial institutions and corporates have a higher impetus today to comply with ESG reporting .requirements, the overall landscape of taxonomy-aligned disclosures remains fragmented across industries and geographies. Overlapping data points create unnecessary complexity whilst reporting is time-consuming and costly. Data processors, such as financial institutions, also find it difficult to automate ESG data analytics.

Red Hat & OS-Climate featured in S&P Global’s Market Intelligence 451 Research

20 JULY 2022

OS-Climate is taking on a noble mission to help aggregate the best available data, modeling and data science to catalyze the transition to a more sustainable world, and Red Hat’s leadership in open source technologies, community building and ethos make it an ideal partner for OS-C. Red Hat is applying novel approaches to managing data as code, as well as operational models such as Operate First, where open-source developers bring projects to a production cloud during development, and shift focus from software availability to operating services.

OS-Climate Launches Climate Planning Tools for Companies, Investors

20 JULY 2022

Non-profit OS-Climate on Wednesday launched the first in a series of free tools to drive climate-friendly decision making by companies, financial institutions and governments. BNP Paribas, Allianz, Ortec Finance, Airbus among those leading development.

OS-Climate Unleashes the Power of Open Source to Develop Data and Tools Required to Meet Paris Accord Climate Goals

20 JULY 2022

Starting today, financial institutions, corporations, NGOs, regulators, and academics can access the code behind the first three tools on the Linux Foundation’s OS-Climate platform. OS-Climate is building a non-profit, transparently governed public utility of climate data and analytics using Open Source best practices.

TRUMAN SEMANS INTERVIEW AT CLIMATE INNOVATION FORUM 2022

Climate Policy Initiative (CPI) Joins OS-Climate

12 MAY 2022

Climate Policy Initiative (CPI) is pleased to announce it has joined OS-Climate, an Open Source collaboration community whose goal is to aggregate the best available data, modeling, and computing and data science in order to accelerate the global financial system’s transition to more sustainable investing and economies. CPI, a leading provider of climate finance tracking and analysis, has produced the Global Landscape of Climate Finance for more than a decade.

TRUMAN SEMANS INTERVIEW AT NEW YORK STOCK EXCHANGE

5 TRENDS TO WATCH IN CLIMATE-ALIGNED FINANCE IN 2022

19 JAN 2022

Elizabeth Harnett & Shravan Bhat of RMI’s Center for Climate Aligned Finance “Expect exciting efforts to improve the availability and quality of data, such as upcoming SEC rulemaking and tools such as OS-Climate.”

BNY Mellon Joins Linux Foundation to Drive Open-Source Climate Data and Analytics Solutions

11 NOV 2021

Today, OS-Climate announced that BNY Mellon has joined its fast-growing community of Fortune 500 businesses and financial services firms that are jointly building a public platform of open data and open-source decision-making tools for accelerating the global transition to Net Zero.

Linux Foundation’s Open Source Climate Welcomes Airbus, EY and Red Hat

11 NOV 2021

The Linux Foundation’s OS-Climate has announced that Airbus and EY have joined its cross-industry coalition seeking to accelerate the global transition to net zero through open data and open source decision-making tools for companies, investors, banks, and regulators.

GLEIF, OS-Climate & Amazon Drive Broader and Faster Development of Climate-Aligned Financial Applications 

03 NOV 2021

A collaboration between the Global Legal Entity Identifier Foundation (GLEIF), OS-Climate, and Amazon has resulted in GLEIF’s real-time open Legal Entity Identifier (LEI) datasets being made publicly available for the first time in the cloud.

Open source climate data project adds EY and Airbus, builds out scenario analysis capabilities

02 NOV 2021

Ernst & Young (EY) and Airbus have joined as founding members of the open-source data platform OS-Climate, joining a roster of high-profile affiliates in the EU, US, and UK.

BNP PARIBAS, KPMG, THE NET-ZERO ASSET OWNER ALLIANCE (NZAOA), THE LONDON STOCK EXCHANGE GROUP, AND ORTEC FINANCE JOIN OS-CLIMATE

21 APR 2021

OS-Climate has more than doubled its membership in the last five months. Its new Members bring exceptional capability to build out the OS-Climate platform in the run-up to COP26.

FEDERATED HERMES JOIN THE OS-CLIMATE INITIATIVE

15 FEB 2021

Federated Hermes, widely regarded as among the top investment managers globally on ESG and climate, and with more than $600 billion is assets under management, has joined OS-Climate as a Founding Member. Finextra TV’s Richard Peers interviews Chief Investment Officer Eoin Murray and OS-C head Truman Semans.

GOLDMAN SACHS AND LINUX FOUNDATION PARTNER DEMOCRATIZE CLIMATE DATA VIA OS-CLIMATE PLATFORM

05 FEB 2021

Goldman Sachs joins a coalition of companies to become a founding board member of the OS-Climate platform.
“More widely available data, and collaboratively developed analytics, will help companies measure progress against decarbonization goals and investors assess the physical and transition risks to which the industry is exposed” says David Solomon, Goldman Sachs Group CEO

GOLDMAN SACHS JOINS OPEN SOURCE DATA CLIMATE INITIATIVE

04 FEB 2021

Goldman Sachs has joined OS-Climate, a cross-industry initiative hosted by the Linux Foundation that is seeking to shift global investment toward zero-carbon emissions through the development of comprehensive Open Source data sets and evaluation tools.

GOLDMAN SACHS JOINS LINUX FOUNDATION PUSH FOR OPEN SOURCE CLIMATE DATA

03 FEB 2021

“The world needs comprehensive data to meaningfully address climate change, and this diverse coalition is attacking a key shortcoming of so many efforts to make progress,” said Goldman Sachs Group CEO David Solomon.

Is open source the answer to the climate data problem?

28 SEP 2020

An open source project will be launched in Q4, which will be a breakthrough solution to tackle the climate-aligned investing and data challenges investors face, its backers have claimed. The tool, known as OS-Climate platform, was presented at Climate Week NYC on 25 September. Hosted by the soon-to-be-launched LF Climate Finance Foundation (LFCF), it will integrate data and analytical models.

FINEXTRA TV: US FS REGULATORS REACH UNANIMOUS DECISION (VIDEO)

24 SEP 2020

BLOOMBERG LIVE: THE BUSINESS CASE FOR CLIMATE ACTION – CLIMATE FINANCE DATA (VIDEO)

17 SEP 2020

Truman Semans, Chief Executive Officer, OS-Climate; Ana Privette Pinheiro, Senior Program Manager, Scientific Data, Amazon; Dr. Urs Bitterling, Head of Corporate Responsibility, Allianz SE; and David Cox, Head of Practice Incubation, Microsoft speak with Bloomberg’s Eric Roston at the Bloomberg Green virtual event about the importance of accurate climate finance data. (Source: Bloomberg)

BREAKINGVIEWS – U.S. CLIMATE REPORT’S OBVIOUSNESS IS ITS STRENGTH

09 SEP 2020

NEW YORK (Reuters Breakingviews) – Another report on the risks of climate change ought to be unnecessary as wildfires rage across America’s Pacific states. But that’s what appeared on Wednesday at the behest of the Commodity Futures Trading Commission. The document’s main strength is its obviousness.

THE OPEN SOURCE MOVEMENT TAKES ON CLIMATE DATA

03 SEP 2020

As GreenBiz co-founder and Executive Editor Joel Makower wrote earlier this week, many companies are moving to disclose “climate risk,” although far fewer are moving to actually minimize it. And as those tasked with preparing those reports can attest, the process of gathering the data for them is frustrating and complex, especially as the level of detail desired and required by investors becomes deeper.

LINUX FOUNDATION, FINANCE COMMUNITY PARTNER TO BUILD THE ‘KUBERNETES OF CLIMATE CHANGE’

03 SEP 2020

The New Stack, Libby Clark
If an open source project like Kubernetes can change the entire cloud computing industry within five years, then open source could change how the financial industry makes investment decisions around climate change as well — and do it fast.

DAILY ESG BRIEFING

03 SEP 2020

Responsible Investor, Gina Gambetta
The Interfaith Center on Corporate Responsibility and the Investor Alliance for Human Rights are among those backing a formal petition with US Customs and Border Patrol, urging it to ban cotton-made goods linked to the Xinjiang region of China. The move has been prompted by high-

LINUX FOUNDATION COMMITS TO ADDRESSING CLIMATE CHANGE WITH DATA & ANALYTICS

02 SEP 2020

The organization’s new Climate Finance Foundation will host an open source analytics platform to boost financing for climate solutions and aid decision makers.

CLIMATE RISK: AMAZON, ALLIANZ, MICROSOFT, AND S&P GLOBAL JOIN OPEN DATA INITIATIVE

02 SEP 2020

Linux Foundation Press Release
Linux Foundation spearheads new drive to harness AI and open source data to combat climate risk
A clutch of global corporates including Amazon, Allianz, Microsoft, and S&P Global are leading a new initiative to harness AI, open source analytics and open data to help better manage climate risks and take advantage of the opportunities offered by the net zero transition, the companies announced yesterday.

SHARING DATA TO HELP LAUNCH THE LINUX FOUNDATION CLIMATE FINANCE FOUNDATION

01 SEP 2020

Microsoft On the Issues (blog), Jennifer Yokoyama
Today, Microsoft is joining Allianz, Amazon and S&P Global in announcing plans to launch the Climate Finance Foundation, a new initiative led by the Linux Foundation to build the OS-Climate Platform. This initiative leverages open-source analytics and open data to empower the investment community, as well as NGOs, academia and others, to help better model companies’ exposure to climate change. Microsoft is committing to sharing its significant and relevant sustainability data to advance the financial modeling and understanding of climate change impact.

AMAZON AND MICROSOFT BACK THE LF CLIMATE FINANCE FOUNDATION

01 SEP 2020

SiliconAngle, Mike Wheatley
The Linux Foundation said today it’s stepping up its efforts to tackle climate change with the launch of the LF Climate Finance Foundation.
The initiative has been established to provide artificial intelligence-based, open source analytics and data to academia, banks, companies, insurers, investors, governments and nongovernmental organizations to help them address climate risk and opportunities, the Linux Foundation said. Its founding members include Allianz SE, Amazon.com Inc., Microsoft Corp. and S&P Global.

AMAZON, MICROSOFT FIGHT CLIMATE CHANGE WITH OPEN SOURCE

01 SEP 2020

SDxCentral, Jessica Lyons Hardcastle
Amazon and Microsoft are two of the founding members of the Linux Foundation’s latest initiative, which taps open source data and analytics to tackle climate risk.
The initiative is called the LF Climate Finance Foundation, and its members are building an open source platform to help investors, banks, governments, and other organizations use artificial-intelligence (AI) based analytics and data to make better climate-related investments.

PROPELLING COLLABORATION ON CLIMATE RISK WITH OPEN SOURCE DATA (VIDEO)

01 SEP 2020

Finextra TV, Richard Peers

NEW LF CLIMATE FINANCE FOUNDATION TO HOST OPEN SOURCE INITIATIVE TO ADDRESS CLIMATE RISK AND OPPORTUNITY IN FINANCIAL SECTOR

01 SEP 2020

The Linux Foundation (LF), the nonprofit organization enabling mass innovation through open source, today announced the intent to form the LF Climate Finance Foundation (LFCF), a new initiative with the goal of empowering investors, banks, insurers, companies, governments, NGOs and academia with AI-enhanced open source analytics and open data to address climate risk and opportunity. Allianz, Amazon, Microsoft and S&P Global have already committed to be founding members. The Climate Finance Foundation’s planning team includes representatives from the World Wide Fund for Nature (WWF), Ceres and the Sustainability Accounting Standards Board (SASB). investments.

SCIENCE BASED TARGETS INITIATIVE KICKS OFF CREATION OF TOOL TO ASSESS INVESTMENT PORTOFLIOS

16 JUNE 2020

Responsible Investor, Khalid Azizuddin
The Science Based Targets initiative (SBTi) has commissioned US and Dutch climate experts to build a tool to assess the Paris-alignment of investment portfolios.
A contract with a maximum value of $130,000 has been awarded to analytics provider Ortec Finance and US non-profit OS-C…

CFTC COMMISSIONER BEHNAM ANNOUNCES MEMBERS OF THE MARKET RISK ADVISORY COMMITTEE’S NEW CLIMATE-RELATED MARKET RISK SUBCOMMITTEE

19 NOVEMBER 2019

Washington, DC — U. S. Commodity Futures Trading Commission Commissioner Rostin Behnam today announced the members of the new Climate-Related Market Risk Subcommittee (Climate Subcommittee) of the CFTC’s Market Risk Advisory Committee (MRAC). Commissioner Behnam is the sponsor of the MRAC.dity Futures…