onValues has in the past months intensified its support of clients wanting to align their portfolios with the Paris Agreement’s objective of limiting global warming to 1.5°C. We welcome the fact that investors’ focus is slowly but surely moving away from a backward-looking risk management to a more forward-looking consideration of both risks and opportunities involved in aligning own operations, products and supply-chains with a low-carbon future. We particularly encourage clients to use methodologies recommended by the Science Based Targets initiative, which provides a science-based framework to assess how the projected emissions of a company, its carbon strategies and targets translate into an implied temperature rise (ITR). We recognise the fact that ITR methodologies (and underlying data) are still far from perfect, but are confident that they will ultimately prevail because investors need simple metrics in order to effectively engage with portfolio companies.