SYSTEM AND METHOD FOR PROVIDING ENVIRONMENTAL RATING
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United States of America Patent
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Issued Date -
Feb 22, 2024
app pub date -
Dec 30, 2020
filing date -
Dec 30, 2020
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Abstract
According to various embodiments, a system for providing an environmental rating to an entity is disclosed. The system includes one or more processors configured to determine a point in time (PIT) rating. The PIT rating is determined by: receiving an entity-specific unremediated emissions amount for a predetermined period of time; receiving an entity-specific scaling measure for the predetermined period of time; receiving external cost values for each entity-specific unremediated emission; determining an aggregate external cost for the entity based on the entity-specific unremediated emission amount and each associated external cost value; determining an indicative rating ratio based on the aggregate external cost for the entity and the entity-specific scaling measure; comparing the indicative rating ratio to categories in a ratio rating table and select a rating defined by an interval into which the indicative rating ratio falls; and outputting the selected rating.
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