Mirova and Sweep Announce Selection of I Care and Winrock International for Corporate Climate Contribution Index Initiative
- Mirova Research Center and Sweep are pleased to announce the selection of I Care by BearingPoint and Winrock International to develop the Corporate Climate Contribution Index (CCCI)[1], following a recent call for expressions of interest.
- This initiative aims to develop an index that provides investors and the public with a more nuanced understanding of which companies are leaders in how they contribute to global greenhouse gas (GHG) emissions cutting efforts, by weighing various indicators of effort and achievement. The index would build on and be compatible with existing climate leadership frameworks.
I Care, based in Europe and part of BearingPoint, is known for its expertise in assessing climate solutions’ impact and building corporate transition plans. Winrock International, headquartered in Little Rock, Arkansas, USA, is globally recognized for its technical expertise in developing carbon accounting and quantification methodologies, as well as advising companies on how to effectively cut emissions and align with voluntary and regulatory standards.
The CCCI will be backed by a methodology that scores corporate climate contribution efforts primarily across three levers: Direct Decarbonization, Indirect Decarbonization through climate solutions, and Climate Financing. This holistic approach will enable companies to align their behavior to prioritize actions that matter most to achieving global net zero.
For investors, the CCCI will serve as a solid foundation for assessing another facet of corporate climate performance and will enable stakeholders to gain confidence in their communications. By integrating this index into their analyses, investors will be better positioned to guide their decarbonization strategies and maximize the impact and value of their engagement policies.
In a complex environment where many financial actors are retreating from their commitments to sustainable finance, Mirova is doubling down on its mission to finance the transition. The Corporate Climate Contribution Index is a key part of a broader strategy to enhance engagement policies and accelerate the transition of companies towards sustainable practices. By partnering with I Care and Winrock International, we aim to create a tool that not only assesses corporate contributions to net-zero goals but also fosters greater accountability and drives impactful climate action across industries.
Data is the foundation for building resiliency. It prepares businesses and investors alike for the coming low-carbon economy by facilitating precise analysis, rigorous audits, a solid reputation and transparent reporting. By collaborating with Mirova, ICare and Winrock on the Corporate Climate Contribution Index, Sweep aims to help build the foundations of a future business landscape where responsible practices are integrated into corporate and investor growth strategy as standard.
Climate contribution of companies cannot be assessed with a “one size fits all” indicator, this is why we see CCCI initiative as a real opportunity to define a “meta-indicator” that enables to grab the specificities of the levers of each company, based on its sector and its position in the sector value chain. Building on the dynamic initiated with Mirova on the Avoided Emissions Platform, we aim at co-defining, with Winrock, Sweep, Mirova and the eight corporate companies that support this initiative, this additional layer of analysis that will help investors and companies to seize the holistic contribution of companies to the fight against climate change.
Winrock sees the CCCI as filling a critical niche in the climate standard landscape by helping public stakeholders of all types, but especially investors, understand who the most responsible climate leaders are delivering real-world impact. Having a validated science-based target is not enough for investors to compare companies with one another. The CCCI could be the mechanism that allows investors and other stakeholders to see greater differentiation among companies.
The index is designed to be accessible and transparent, ensuring that all stakeholders can benefit from its insights. The consortium includes eight large capitalization companies from various sectors to ensure the applicability of the methodology, which will be unveiled at the 30th Conference of the Parties on Climate Change (COP30) in November 2025 in Belém, Brazil.
1 The Corporate Climate Contribution Index (CCCI) should not be confused with the Coal to Clean Credit Initiative (CCCI): A project led by The Rockefeller Foundation aimed at accelerating the phase-out of coal-fired power plants and incentivizing the replacement with clean energy in emerging economies.
The information presented reflects the opinion/situation of the stakeholders as of the date of this document and is subject to change without notice.
