Moody’s Acquires Climate Data Risk Firm

Phil Hall

Jul 25, 2019

New York Attorney General Letitia James and New York Superintendent of Financial Services Linda Lacewell have announced a $3.75 million settlement against Columbia, S.C.-based Vision Property Management LLC

Moody’s Corp. has acquired a majority stake in Four Twenty Seven Inc., a provider of data, intelligence and analysis related to physical climate risks. The financial terms of the acquisition were not disclosed.

Four Twenty Seven scores physical risks associated with climate-related factors and other environmental issues, including heat stress, water stress, extreme precipitation, hurricanes and typhoons, and sea level rise. Its data covers more than 2,000 listed companies, one million global corporate facilities, 320 REITs, 3,000 U.S. counties and 196 countries, and this information is used by asset owners and managers, banks, corporations and government agencies in regard to analyzing the potential climate risk they hold in their portfolios and activities.

Four Twenty Seven will continue to be headquartered in Berkeley, Calif., and operate under its existing brand as an affiliate of Moody’s Investors Service.

“Four Twenty Seven has built a strong platform for quantifying climate-related exposures and producing actionable risk metrics, which are essential to understanding and informing climate risk and resilience measures,” said Myriam Durand, global head of assessments at Moody’s Investors Service. “Moody’s is committed to offering global, transparent standards for assessing environmental risk, and the acquisition of Four Twenty Seven advances our objective of
integrating climate analytics into our offerings.”

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Jul 25, 2019

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