Largest External Review Provider in Number of Deals of 2022

Awarded to: 
CICERO Shades of Green, now a part of S&P Global

CICERO Shades of Green, now a part of S&P Global, provides independent, research-based second party opinions (SPOs) of green financing frameworks as well as climate risk and impact reporting reviews of companies. At the heart of all our SPOs is the multi-award-winning Shades of Green methodology, which assigns shadings to investments and activities to reflect the extent to which they contribute to the transition to a low carbon and climate resilient future. In 2022 it supplied external review of 563 deals, making it the largest player in this space by number.

“CICERO Shades of Green, now a part of S&P Global is honoured to receive this award for Largest External Review Provider by Number of Deals in 2022. Our independent second party opinions provide transparency that supports financing for the climate transition.”

- Christa Clapp, Director, Sustainable Finance