To install click the Add extension button. That's it.

The source code for the WIKI 2 extension is being checked by specialists of the Mozilla Foundation, Google, and Apple. You could also do it yourself at any point in time.

4,5
Kelly Slayton
Congratulations on this excellent venture… what a great idea!
Alexander Grigorievskiy
I use WIKI 2 every day and almost forgot how the original Wikipedia looks like.
Live Statistics
English Articles
Improved in 24 Hours
Added in 24 Hours
What we do. Every page goes through several hundred of perfecting techniques; in live mode. Quite the same Wikipedia. Just better.
.
Leo
Newton
Brights
Milds

Four Twenty Seven

From Wikipedia, the free encyclopedia

Four Twenty Seven, Inc.
IndustryClimate risk data firm
GenreData
FoundedOctober 2012; 11 years ago (2012-10)
FounderEmilie Mazzacurati
Defunct2020
Headquarters,
United States
Key people
Emilie Mazzacurati, Founder and CEO
Colin Shaw, COO
Frank Freitas CDO
Website427mt.com

Four Twenty Seven, Inc. (427) was a California-based data research, analysis and advisory firm that measured the physical and societal risks of climate change. The company was headquartered in Berkeley.

In 2019, Moody's Corporation purchased a majority share in Four Twenty Seven. The firm officially became a part of Moody’s ESG Solutions Group in 2020, after which the "Four Twenty Seven" brand name was officially retired.[1][2]

Background

In October 2012, Emilie Mazzacurati established Four Twenty Seven, Inc. in the wake of Hurricane Sandy.[3] Mazzacurati realized that "with the right tools and guidance" including "science-driven risk analytics", business could play a "critical role" in "building resistance" to the hazards caused by climate change. Hurricane Sandy had "demonstrated that the lack of planning for climate impacts could bring even the most the powerful financial institutions to their knees". By 2019, Mazzacurati was the Chief Executive Officer (CEO).

Mazzacurati chose the name "Four Twenty Seven" after the CARB's then-goal of lowering annual greenhouse-gas emissions to the equivalent of 427 metric tons of carbon dioxide by 2020.[3]

Services

Four Twenty Seven measured "the physical risks of climate change" including hazards such as "extreme rainfall, hurricanes, heat stress and sea level rise." The data tracked climate impact on 2,000 companies and 196 countries worldwide, including 761 cities and more than 3,000 counties in the United States.[4]

Acquisition

On July 24, 2019, Moody's announced that they had acquired a controlling share in Four Twenty Seven, adding that the investment "solidifies [Moody's] commitment to promoting transparent and globally consistent standards for evaluating environmental, social, and governance risks and opportunities."[5] A July 25, 2019 article in The New York Times said that this acquisition was the "latest indication that global warming can threaten the creditworthiness of governments and companies" globally.[4] Environmental Finance said that Moody's controlling share of Four Twenty Seven was part of "the wave of consolidation in the environmental, social and governance (ESG) sector".[6]

After the acquisition, Mazzacurati assumed the role of Global Head of Climate Solutions at Moody's ESG Solutions.[7]

References

  1. ^ "Our Publications - Four Twenty Seven". Retrieved 2022-04-16.
  2. ^ "Four Twenty Seven, Inc. at LinkedIn". Retrieved 2022-04-16.
  3. ^ a b "Sunny Days - Firms that analyse climate risks are the latest hot property". The Economist. The Economist Newspaper Limited. 2019-11-23. Retrieved 2022-04-16.
  4. ^ a b Flavelle, Christopher (2019-07-25). "Moody's Buys Climate Data Firm, Signaling New Scrutiny of Climate Risks". The New York Times. ISSN 0362-4331. Retrieved 2019-07-25.
  5. ^ Barnett, Chip (2019-07-24). "Moody's takes a majority stake in climate risk firm Four Twenty Seven". The Bond Buyer. Arizent. Retrieved 2022-04-16. 'Four Twenty Seven will keep its own name and become an affiliate of Moody's Investors Service. It will continue to be headquartered in Berkeley, California. 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, Moody's global head of assessments. '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.'
  6. ^ "Moody's snaps up climate risk data firm". Environmental Finance. 2019-07-24. Retrieved 2019-07-25.
  7. ^ "Emilie Mazzacurati at Linkedin". Retrieved 2022-04-16.
This page was last edited on 25 January 2024, at 18:38
Basis of this page is in Wikipedia. Text is available under the CC BY-SA 3.0 Unported License. Non-text media are available under their specified licenses. Wikipedia® is a registered trademark of the Wikimedia Foundation, Inc. WIKI 2 is an independent company and has no affiliation with Wikimedia Foundation.