EDHEC Business School unveils its new initiative: Scientific Climate Ratings (an EDHEC Venture)
June 2025 - Incubated within the EDHEC ecosystem and born out of the work of the EDHEC Climate Institute, this independent venture is the first European forward-looking rating agency dedicated to assessing the financial materiality of climate risks (transition and physical).
Scientific Climate Ratings (an EDHEC Venture) (SCR) is part of the strategic plan ‘Generations 2050’ of EDHEC Business School and its ecosystem of applied research in finance and climate finance.
Based on the work of the EDHEC Climate Institute, which explores the financial impacts of climate change, SCR also draws on fundamental research conducted by related initiatives such as SIPA Metrics and the EDHEC Infrastructure & Private Assets Research Institute. This venture is also based on the ClimaTech research project, led by the EDHEC Climate Institute, which is now the world's most comprehensive database on adaptation and mitigation strategies.
This integrated ecosystem offers a unique combination of academic excellence, proprietary data and industrial collaborations, in compliance with key international regulatory frameworks.
- Learn more about Scientific Climate Ratings (an EDHEC Venture)
- Read the official press release of SCR's launch
- Browse the EDHEC Vox interview with the CEO of this initiative – « After months of preparation, at a crucial time, we are embarking on an intense journey with knowledge and tools that are unique in the sector »
- Read the news published on the EDHEC Climate Institute website « EDHEC Launches Scientific Climate Ratings to Quantify Financial Impact of Climate Risk »
The ambition of Scientific Climate Ratings (an EDHEC Venture) is to facilitate capital allocation decisions aligned with the actual exposure of assets to long-term climate risks. To this end, SCR offers an innovative and highly readable climate rating system ranging from A to G, based on two complementary components:
- Potential Climate Exposure Ratings (PCER): these ratings assess the current exposure of assets to future risks, based on existing climate policies and emission trajectories.
- Effective Climate Risk Ratings (ECRR): these quantify the financial impact of climate risks through probabilistic scenarios, explicitly integrating physical and transition risks into asset valuation models.
Much of SCR's work, the tools it has developed and its ratings are available to everyone online. More detailed data and in-depth expertise are also available to a wide range of B2B players around the world – institutional investors, infrastructure managers, public institutions, listed companies, etc. – to help them better understand the financial implications of climate change.
‘With over 6,000 infrastructure assets in 25 countries, and expansion into listed equities by 2026, our mission is to bring clarity, comparability and accountability to climate risk exposure. It's not just a rating, it's a roadmap for a resilient financial future.’
Rémy Estran-Fraioli, CEO, Scientific Climate Ratings (an EDHEC Venture)
