1.2.0 (09 / 2023)

Release notes for release 1.2.0.

Release notes 09/2023

Release number: 1.2.0 Release date: 27th September, 2023 Notes updated: 5th December, 2023 Current state: Stable

The most significant improvements to the Upright model compared to the previous release 1.1.0 are listed below. More information on releases can be found on page Release cycle.

Net impact

• Value chain links between different energy industry products (e.g. renovation, operation, maintenance, modernization, and construction of energy power plants) have been improved. As a result, negative environmental impacts created in the construction and operation phase are now better shown in other energy products’ impact scores

• Impact differences between leasing, rental and ownership have been researched, and products related to rental and leasing of industrial equipment, electronics, furniture, clothing and vehicles have been systematized. This has resulted in various score changes for rental and leasing products

• Retail and consumer goods’ value chains have been improved and systematized to better reflect the impacts accumulating from the production and distribution phase. This has increased the negative environmental and health impacts allocated to consumer goods and retail of consumer goods

• Retail’s contribution to societal infrastructure in the form of supplying critical goods and ensuring their availability to end-users has been reassessed and is now better internalized in the retailers’ impact profiles

• Improved value chain information has been introduced to restaurant and café services. This has increased the negative environmental impacts allocated to restaurant meals containing meat and increased the negative waste impacts of all restaurant services

• An issue causing part of company products being ignored in impact calculation has been addressed. For less than 2% of companies in Upright coverage one or multiple products were ignored in the result calculation. The issue occurred for some time in release latest 1.1.0 and has been addressed

UN SDG alignment

• UN SDG alignment data now includes the pure revenue shares for each alignment level (strong, moderate, and weak). These simply reflect the share of revenue from products that are weakly, moderately, or strongly aligned

  • On the Upright Platform, the pure revenue shares are available within the UN SDG Alignment section. They can be viewed by selecting ‘Pure revenue shares’ in the dropdown titled "View mode"

  • The pure revenue shares are also available via the Upright API. In previous releases, pure revenue shares were only available for strong alignment. Note that previous releases included a field called "SDG8_alignment_moderate", but this did not reflect a pure revenue share

• "Total alignment" has been re-titled as "Summary percentage", to better represent its nature of a weighted average of pure revenue shares from different alignment levels

• Product mappings have been improved to catch the alignment and misalignment of individual products in a more detailed manner. Development work has been focusing on infrastructure, materials and other natural resource-intensive products and it affects primarily alignments towards SDGs 9, 11, and 12

• An issue causing part of company products being ignored in SDG alignment calculation has been addressed. For less than 2% of companies in Upright coverage one or multiple products were ignored in the result calculation. The issue occurred for some time in release latest 1.1.0 and has been addressed

EU taxonomy & SFDR Principal adverse impacts

• New EU taxonomy and EU SFDR PAI GHG indicator company disclosures have been extracted from company reports published during Q2/2023 and Q3/2023 and made available on the platform and via API

• An issue causing some of company-disclosed EU taxonomy data to be missing has been addressed. The issue occurred in release latest 1.1.0 between June 14th and August 19th

• A table containing PAI values for fund and portfolio constituents has been added under the EU SFDR PAIs lens of funds and portfolios on the Upright platform

• An issue causing part of company products being ignored in EU taxonomy and SFDR PAI estimate calculation has been addressed. For less than 2% of companies in Upright coverage one or multiple products were ignored in the result calculation. The issue occurred for some time in release latest 1.1.0 and has been addressed