Jupiter's ClimateScore Alignment with EU Taxonomy

This technical report discusses Jupiter's ClimateScore Global and its alignment with the European Union Taxonomy Regulation, which mandates disclosures of physical and transition climate risks for companies starting January 2022. The document outlines how ClimateScore Global provides a comprehensive assessment of climate risks, enabling businesses to evaluate potential impacts on their asset portfolios. It details the methodologies employed, including the use of high-resolution climate projections and the integration of scenarios from the IPCC's sixth report. The report also specifies the requirements set by the EU Taxonomy regarding climate risk assessments, including the identification of climate hazards, and how Jupiter's metrics address these requirements. Additionally, it explains the various climate scenarios modeled by Jupiter and the rationale behind the selection of specific metrics to quantify climate risks. The document further emphasizes the importance of thorough disclosures and adaptation solutions to enhance resilience against climate change.