PRESS RELEASE
Paris, March 4, 2025
- Mirova Research Center and Sweep, an online platform for managing carbon and ESG data, are partnering to launch a Call for Expression of Interest aimed at creating an index to measure the contribution of companies to global carbon neutrality.
- The Corporate Climate Contribution Indicator (CCCI) will enable a holistic assessment of companies’ decarbonization efforts and their progress toward achieving net-zero emissions by 2050.
- The CCCI’s methodology will be presented at the 30th Conference of the Parties (COP30) in Bélem, Brazil, in November 2025
Why a Corporate Climate Contribution Index?
Companies play a crucial role in the fight against climate change, as they influence not only their own emissions but also those within their value chains. Although thousands of companies have adopted Net Zero targets, commitments vary across sectors, and current assessment frameworks often focus solely on operational emissions. The CCCI aims to evaluate these contributions comprehensively, considering three main levers:
- Direct Decarbonization: Reduction of greenhouse gas (GHG) emissions across all operations and the value chain, aligning with science-based targets consistent with a 1.5°C warming scenario.
- Indirect Decarbonization: Assessment of emissions reductions enabled by a company’s products and services, quantified through avoided or negative emissions.
- Climate Financing: Financial contributions to carbon reduction and capture projects outside the value chain, including the purchase of high-quality carbon credits.
Mirova Research Center and Sweep acknowledge that the relative impact of each lever on a company’s climate contribution varies based on numerous factors, including geography and sector. Therefore, the CCCI will provide a dynamic tool to evaluate these essential levers for action. For instance, a company that supplies critical components for battery production—essential for the decarbonization of transport—should be valued for this contribution, not just for its own decarbonization efforts. As for financial institutions, they are expected to demonstrate their ability to finance the transition to a low-carbon economy and to increase carbon sequestration through nature-based solutions.
Benefits for Companies and Investors, Supporting the Transition
For companies, the ICCE will provide an assessment tool that will allow them to determine whether or not they are at the right level of contribution to Net Zero in light of their role in society. For investors, the index will provide a solid foundation for evaluating the climate performance of companies, helping to detect instances of greenwashing and establish clear sector benchmarks. By integrating these elements into their analyses, investors will be better equipped to guide their decarbonization strategies and maximize the impact of their shareholder engagement policies.
Manuel Coeslier, Co-Head of Mirova Research Center: “The CCCI will represent a significant advancement in our approach to shareholder engagement by enabling us to engage in dialogue on the key action levers based on a transparent methodology. This index can also serve as a compass for investment strategies to enhance their performance — and potentially their climate impact.”
Renaud Bettin, VP of Climate Action, Sweep: “The CCCI aims to bring together all of the essential methodological building blocks of climate action which are available today. By putting forward a positive narrative, based on science and applicable to all sectors, this index will make it possible to highlight the societal role of businesses, and restore the reputation of Corporate Social Responsibility which has been so maligned in recent times.
The Call for Expression of Interest aims to mobilize the most effective global actors in climate action. Applications can be submitted until April 4,2025. The methodology will be developed transparently and will remain free and accessible to all. It will be presented at the 30th Conference on Climate Change (COP 30), which will take place in November 2025 in Belém, Brazil.
¹ The Intergovernmental Panel on Climate Change (IPCC) defines “net-zero” (or net zero emissions) as the level at which global anthropogenic greenhouse gas emissions (generated by human activities) are completely balanced by anthropogenic removals.
Click here to read the Call for Expression of Interest
This press release is provided for informational purposes only and does not constitute financial or investment advice. The information presented reflects the opinion/situation of Sweep and Mirova as of the date of this document and is subject to change without notice.
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Contacts
SWEEP
Justine Saint Lanne Beth, APCO Worldwide, jsaintlannebeth@apcoworldwide.com
MIROVA
France – Steele & Holt, mirova@steeleandholt.com +33 630 754 407
UK – Quill PR, mirova@quillpr.com +44 7932 530 251
ABOUT SWEEP
Sweep helps businesses track and act on their carbon and ESG data, so they can become Forever Companies.The data-driven platform makes it easy to understand, manage, and report carbon emissions and ESG metrics. Powerful collaboration features and user-focused design empower staff and entire value chains to grow a sustainable business. And with all the data in one place, its advanced analytics offer comprehensive insights and deliver auditable reports aligned with the latest sustainability regulations and frameworks. Sweep is B Corp certified and a member of the World Bank’s Carbon Pricing Leadership Coalition, France Invest, and The International Emissions Trading Association. It was selected to join FrenchTech Next 120/40 program and was named “Europe’s fastest growing scale up by Financial Times’ Sifted. For more information, visit sweep.net
ABOUT MIROVA RESEARCH CENTER
The Mirova Research Center (MRC) is the research center of excellence initiated by Mirova, a global asset management company dedicated to sustainable investing, in order to contribute to academic research on responsible finance. MRC aims to financially support long-term research projects, facilitate exchanges between the academic world and the financial industry, and propose innovative investment solutions. MRC’s objective is to fund research on particularly innovative topics with a strong societal impact that are not sufficiently addressed in existing academic literature through three main axes: impact indicators for a just transition, contribution of investors to sustainable development goals, AI & technological innovation for sustainable finance.
ABOUT MIROVA
Mirova is a global asset management company dedicated to sustainable investing and an affiliate of Natixis Investment Managers. At the forefront of sustainable finance for over a decade, Mirova has been developing innovative investment solutions across all asset classes, aiming to combine long term value creation with positive environmental and social impact. Headquartered in Paris, Mirova offers a broad range of equity, fixed income, multi-asset, energy transition infrastructure, natural capital and private equity solutions designed for institutional investors, distribution platforms and retail investors in Europe, North America, and Asia-Pacific. Mirova and its affiliates had €32 billion in assets under management as of December 31, 2024. Mirova is a mission-driven company, labeled B Corp*.
*Les références à un classement, un label, un prix et/ou à une notation ne préjugent pas des résultats futurs de ces derniers/du fonds ou du gestionnaire
Portfolio Management Company – French Public Limited liability company
RCS Paris No.394 648 216 – AMF Accreditation No. GP 02-014
59, Avenue Pierre Mendès-France – 75013 – Paris
Mirova is an affiliate of Natixis Investment Managers.
Website – LinkedIn
ABOUT NATIXIS INVESTMENT MANAGERS
Natixis Investment Managers’ multi-affiliate approach connects clients to the independent thinking and focused expertise of more than 15 active managers. Ranked among the world’s largest asset managers1 with more than $1.3 trillion assets under management2 (€1.3 trillion), Natixis Investment Managers delivers a diverse range of solutions across asset classes, styles, and vehicles, including innovative environmental, social, and governance (ESG) strategies and products dedicated to advancing sustainable finance. The firm partners with clients in order to understand their unique needs and provide insights and investment solutions tailored to their long-term goals. Headquartered in Paris and Boston, Natixis Investment Managers is part of the Global Financial Services division of Groupe BPCE, the second-largest banking group in France through the Banque Populaire and Caisse d’Epargne retail networks. Not all offerings are available in all jurisdictions. For additional information, please visit Natixis Investment Managers’ website at im.natixis.com | LinkedIn: linkedin.com/company/natixis-investment-managers. Natixis Investment Managers’ distribution and service groups include Natixis Distribution, LLC, a limited purpose broker-dealer and the distributor of various US registered investment companies for which advisory services are provided by affiliated firms of Natixis Investment Managers, Natixis Investment Managers S.A. (Luxembourg), Natixis Investment Managers International (France), and their affiliated distribution and service entities in Europe and Asia.
1 Survey respondents ranked by Investment & Pensions Europe/Top 500 Asset Managers 2024 ranked Natixis Investment Managers as the 19th largest asset manager in the world based on assets under management as of December 31, 2023.
2 Assets under management (AUM) of current affiliated entities measured as of December 31, 2024, are $1,363.7 billion (€1,316.9 billion). AUM, as reported, may include notional assets, assets serviced, gross assets, assets of minority-owned affiliated entities and other types of nonregulatory AUM managed or serviced by firms affiliated with Natixis Investment Managers.
