Carbon Footprint - RELATIVE_CARBON_FOOTPRINT metric renamed in favour of FINANCED_EMISSIONS_INTENSITY
February 19th, 2025
Summary (What?)
We are replacing the metrics RELATIVE_CARBON_FOOTPRINT_SCOPE_1_2 and RELATIVE_CARBON_FOOTPRINT_SCOPE_3 by 2 new metrics that will have the same values and meaning, it will be just a renaming of the metrics so the metrics offered have a more meaninful name
| Deprecated metric | Alternative metric |
|---|---|
RELATIVE_CARBON_FOOTPRINT_SCOPE_1_2 | FINANCED_EMISSIONS_INTENSITY_SCOPE_1_2 |
RELATIVE_CARBON_FOOTPRINT_SCOPE_3 | FINANCED_EMISSIONS_INTENSITY_SCOPE_3 |
Business impact (Why?)
We are updating and streamlining the Carbon Footprint product to enhance clarity, consistency, and maintainability. These changes involve renaming certain metrics and deprecating others to ensure alignment across products and services. By simplifying the metric structure and standardizing their availability, we aim to improve usability and reduce complexity, providing a more seamless and reliable experience.
Modules and Endpoints impacted (Where?)
List of endpoints by module impacted by this release:
| Carbon Footprint | Endpoints | Action |
|---|---|---|
| Carbon Footprint (by portfolio) | GET /clarity/v1/public/portfolios/{{portfolioId}}/climate/carbon-footprint | Change |
| Carbon Footprint (by fund) | GET /clarity/v1/public/funds/{fundId}/climate/carbon-footprint | Change |
| Carbon Footprint (securities universe) | POST /clarity/v1/public/securities/climate/carbon-footprint/metric-by-id/async | Change |
| Carbon Footprint (organizations universe) | POST /clarity/v1/public/organizations/climate/carbon-footprint/metric-by-id/async | Change |
| Carbon Footprint (funds universe) | POST /clarity/v1/public/funds/climate/carbon-footprint/metric-by-id/async | Change |
Enhancements (How?)
- Carbon Footprint by portfolio endpoint: the metrics
RELATIVE_CARBON_FOOTPRINT_SCOPE_1_2andRELATIVE_CARBON_FOOTPRINT_SCOPE_3will be replaced byFINANCED_EMISSIONS_INTENSITY_SCOPE_1_2andFINANCED_EMISSIONS_INTENSITY_SCOPE_3 - Carbon Footprint by fund endpoint: the metrics
RELATIVE_CARBON_FOOTPRINT_SCOPE_1_2andRELATIVE_CARBON_FOOTPRINT_SCOPE_3will be replaced byFINANCED_EMISSIONS_INTENSITY_SCOPE_1_2andFINANCED_EMISSIONS_INTENSITY_SCOPE_3 - Carbon Footprint securities universe async endpoint: the metrics
RELATIVE_CARBON_FOOTPRINT_SCOPE_1_2andRELATIVE_CARBON_FOOTPRINT_SCOPE_3will be replaced byFINANCED_EMISSIONS_INTENSITY_SCOPE_1_2andFINANCED_EMISSIONS_INTENSITY_SCOPE_3 - Carbon Footprint organizations universe async endpoint: the metrics
RELATIVE_CARBON_FOOTPRINT_SCOPE_1_2andRELATIVE_CARBON_FOOTPRINT_SCOPE_3will be replaced byFINANCED_EMISSIONS_INTENSITY_SCOPE_1_2andFINANCED_EMISSIONS_INTENSITY_SCOPE_3 - Carbon Footprint funds universe async endpoint: the metrics
RELATIVE_CARBON_FOOTPRINT_SCOPE_1_2andRELATIVE_CARBON_FOOTPRINT_SCOPE_3will be replaced byFINANCED_EMISSIONS_INTENSITY_SCOPE_1_2andFINANCED_EMISSIONS_INTENSITY_SCOPE_3
Go-live date (When?)
ETA:
12/Feb/2024
COMPLETEDGreen
Transition timeline (When?)
| Event | Description | Date |
|---|---|---|
| Announcement | Link to any communication or email sent | 12/Feb/2025 |
| End of Support | No more support provided for the metrics RELATIVE_CARBON_FOOTPRINT_SCOPE_1_2 and RELATIVE_CARBON_FOOTPRINT_SCOPE_3 at any endpoint | 12/Feb/2025 |
| Decommissioning | Decommissioning of the metrics RELATIVE_CARBON_FOOTPRINT_SCOPE_1_2 and RELATIVE_CARBON_FOOTPRINT_SCOPE_3 at every endpoint | 27/Mar/2025 |
