Clarity.AI

Clarity AI was founded in 2017 by Rebeca Minguela, based on the observation that as environmental, social, and governance (ESG) considerations became an increasingly important factor in investment decision-making and corporate risk management, the underlying data available to assess a company's actual sustainability performance was often fragmented, inconsistent across different data providers, and based on relatively coarse, backward-looking disclosures rather than more granular, real-time analysis, making it difficult for investors and companies to get a genuinely rigorous, data-driven picture of sustainability risk and impact. Clarity AI's platform uses machine learning and large-scale data processing to analyze a very large number of underlying data points, spanning corporate disclosures, satellite imagery, news and alternative data sources, and other inputs, to generate sustainability ratings, risk assessments, and impact metrics that investors can use in portfolio construction, risk management, and regulatory reporting, and that companies can use to benchmark and improve their own sustainability performance and disclosures. The company has positioned its data-driven, more granular methodology as a differentiator relative to some more traditional ESG rating providers, whose methodologies have faced criticism at times for relying heavily on self-reported corporate disclosures and producing ratings that some critics argue don't always correlate well with a company's genuine environmental or social impact. Clarity AI's customers include asset managers, banks, and corporations navigating an increasingly complex and fast-evolving global landscape of sustainability-related financial regulation, including disclosure requirements in the European Union and other jurisdictions that have significantly increased demand for rigorous, auditable ESG data and analytics. The company has raised substantial venture funding from investors including SoftBank Vision Fund 2 and BlackRock, reaching a valuation exceeding a billion dollars, competing with other ESG data and ratings providers including MSCI, Sustainalytics, and Refinitiv in a category that has grown alongside, but also periodically faced political and regulatory pushback around, the broader rise of ESG investing.

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