Rahul Kumar Singh, Anupam Ravi, Chiara Gastaldi, Pavan Sukhdev

Air pollution is a major cause of morbidity and mortality. Since air pollution tends to concentrate around the
emission point, its precise geographical assessment is particularly important. With the present work, we propose
a new method to assess the impacts of any company’s emissions on human health and the economy. We address
the challenge of discovering, measuring, and managing the risks associated with externalities from air emissions.
The methodology is accessible via the online tool for companies (Impact Valuation Engine). Our method allows
spatially explicit analysis of the local impacts for each individual asset of the company; the outputs are specific
at a resolution of 0.5° × 0.5°. For financial institutions, we provide the aggregated impacts embedded in their
investment portfolios. Our analysis can help financial institutions reduce the overall footprint of their portfolios,
meet sustainable investment targets, and comply with current regulations such as Sustainable Finance Disclosure
Regulation and European Union Taxonomy.