Skip to main content

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.
 
Moody’s Corp. has acquired a majority stake in Four Twenty Seven Inc., a provider of data, intelligence and analysis related to physical climate risksFour 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.”

 
More from
Tech
MAXEX Secures Strategic Investment Thanks To J.P. Morgan

MAXEX announced a secured strategic investment from J.P. Morgan and existing investors.

Tech
Jun 22, 2021
Planet Home Lending's Aneeza Haleem To Appear On The Mortgage Leadership Outlook

Aneeza Haleem, vice president of technology for Planet Home Lending, LLC, will be the next guest on NMPTV's special Tech Stack Heroes edition of the Mortgage Leadership Outlook.

Tech
Jun 22, 2021
Lodasoft Integrates With Black Knight's Optimal Blue PPE

Lodasoft announced its integration with Black Knight’s Optimal Blue PPE to revolutionize loan origination and task automation.

Tech
Jun 21, 2021
FinTech Student Program Provided By UWindsor & Rocket Innovation Studios

University of Windsor partners with Rocket Innovation Studios to foster a pipeline of highly trained professionals who will help advance finance technology.

Tech
Jun 21, 2021
Fraud Detection Transitions To Digital Lending

Mortgage lenders faced $20 billion in mortgage lending fraud exposure last year, according to research from Point Predictive.

Tech
Jun 16, 2021
Radian Expands Integration With Mortgage Cadence

Radian Group Inc. expanded its integration with Mortgage Cadence to include Radian's title and settlement services with the Mortgage Cadence Platform.

Tech
Jun 16, 2021