Blog - Planetrics releases new PlanetView update (Q2-2022)

Planetrics releases new PlanetView update (Q2-2022)

Planetrics is pleased to announce the launch of a new quarterly release of PlanetView®. The Q2 2022 release includes a number of new features including the addition of new scenarios, an additional temperature alignment metric, and the inclusion of wildfire in its physical risk model.

New features in PlanetView

IPR Scenarios

Planetrics has added the two scenarios published by the IPR in 2021 to its scenario analysis capabilities: the Forecast Policy Response (FPS) and Required Policy Response (RPS) (Link). The FPS is a climate scenario designed to reflect ‘real world’ climate policies, offering a high conviction forecast of likely policy developments, whereas the RPS is a more stringent scenario incorporating additional policies required to limit temperature rise to 1.5°C.

These additional scenarios complement the NGFS scenarios already available on PlanetView, which are constructed based on a top-down consideration of economically optimal climate policies to achieve specific temperature goals.

Additional temperature score methodology

Planetrics has added a new temperature scoring methodology to its suite of company and portfolio temperature alignment metrics. This new methodology is based on the cumulative amount of greenhouse gases that a company is expected to emit between now and 2050. Each company is assigned a ‘carbon budget’ of emissions between now and 2050 that is consistent with keeping warming to below 2°C at a global level. Companies that exceed their emissions budget (‘overshoot’) over the period to 2050 will attract a higher implied temperature score than companies that stay within it.

This new approach is in addition to the temperature score already available in PlanetView that assesses point-in-time emissions intensity in 2050 against a sector-region temperature warming relationship. The greater choice of temperature alignment metrics reflects the variety of different approaches available for calculating temperature alignment, and gives PlanetView’s clients greater choice and flexibility in measuring and reporting their portfolio temperature alignment.


Wildfire hazard modelling is now incorporated in PlanetView physical risk results, in addition to other physical hazards already modelled. Wildfires are a key physical risk that are expected to be affected by a changing climate, with numerous events in recent years highlighting the risks posed by increases in fire intensity and frequency. Planetrics wildfire modelling uses historical satellite data on areas burned by wildfire as well as downscaled historical climate data.

Other updates

Alongside these three key changes, the model and the interactive web-based interface for PlanetView have been improved in several ways. Users can now evaluate the impact of companies’ climate targets on their temperature alignment scores, for example; and the analysis pages of the interface have been redesigned to make navigation even simpler. As with every quarterly update, underlying financial and emissions data has been updated wherever possible.

Upcoming features in future releases

Planetrics is constantly under development, with a quarterly rhythm for new features and data. Upcoming releases will include further enhancements to the modelling of physical risk, greater coverage of companies’ climate targets, and the ability for users to customize views in the user interface

Contact us

To learn more about how Planetrics can assist your financial institution in climate related analysis and reporting please contact Tommi Oksanen

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