A complete picture of how carbon pricing impacts companies
SparkChange analytics quantify how carbon pricing drives costs, revenues and profits of 40,000+ corporates worldwide.
Our unique bottom-up approach enables unrivalled insights into the strengths and weaknesses of individual companies.
Aggregating across companies generates robust and actionable insights for sector, portfolio and equity index analysis.

Why SparkChange
A granular model of Transition Risk.
TCFD, SFDR and many other regulations rely on a company’s carbon footprint to quantify carbon price exposure.
Yet, the carbon footprint ignores crucial business and policy drivers of carbon price exposure:
Global firm operations
Fragmented carbon regulation
Corporate strategy
Competitive dynamics
Our team of carbon experts has created an unrivalled data model that brings together proprietary, regulatory and third-party datasets from 30+ different sources.
Built for Finance Professionals
Carbon Market Intelligence - your way
Carbon markets are complex, and their impacts on regulated companies are non-trivial.
We partner with leaders in the finance industry to build focused products around use cases that matter.
Fuelled by the same underlying SparkChange data, each product is created to fit in the workflow of a different team:
carbonAlpha
Identifying companies that win/lose in a high carbon price future
Funding Managers and Investment Analysts
carbonStress
Assess carbon price risk exposure of a loan portfolio in line with stress test frameworks
Stress Test and Market Risk Teams
carbonCorporate
Surface carbon price related themes at clients, and create solution strategies based on peer analysis
Deal & Sustainability Advisory Teams
Case Studies
Carbon Price Exposure Insights in action
Sales & Advisory
A sustainable banking team gains an edge by introducing carbon pricing as a new narrative in its conversations.
Market Risk
A bank’s risk team elevates its models to assess market risk, and delivers against stress test requirements in a compliant way.
Asset Manager
An asset manager measures its portfolios carbon price exposure, and adds an overlay hedge to achieve carbon price neutrality.
Commodity Sales
A sales team at a carbon trading desk sources new trading partners and provides deep benchmark analysis to win business.