Implied temperature rise (ITR)

    ESG & Governance

    An estimate, in degrees Celsius, of the global warming that would result if the whole economy emitted like a given company or portfolio.

    ITR compares a company's emissions path and targets with a carbon budget and turns the gap into a temperature figure. It is forward-looking and easy to communicate, but results depend heavily on each provider's assumptions, and two providers can give very different figures for the same portfolio.

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