Information

Tender reference number	CFT-1730
Title	Data Provider for Climate Risk Data for EIB Counterparties
Description	The Group Risk and Compliance Directorate of the EIB (GR&C) seeks a provider of climate data at counterparty level (covering corporates, financial institutions, municipalities, regions, public entities, etc.).The climate data will assess counterparties’ present and future carbon footprint and exposure to transition risks through various sets of indicators (revenue segmentation per sector of activity, EU Taxonomy, emissions, temperature alignment etc.).It will also focus on quantifying physical risks such as acute (heatwaves, wildfires, drought, floods etc.) and chronic risks (changing temperature, heat stress, water stress, sea level rise etc.) based on a set of climate scenarios and a company’s asset locations.In terms of geography, the data should cover both EU (the largest part of EIB counterparts) and non-EU counterparties and in terms of size it should cover the widest possible spectrum of companies from large, listed ones to private companies and SMEs.
Contract type	Services
Procedure type	Open procedure
Status	Closed
Published on TED
Submission Method	Electronic
Tenders may be submitted	All lots
Maximum number of lots	2
Information about a public contract, a framework agreement or a dynamic purchasing system (DPS)	Framework agreement
Address of the buyer profile: (URL)
Estimated total value	960,000.00 EUR
Main CPV	79400000

Conditions for participation

Suitability to pursue the professional activity, including requirements relating to enrolment on professional or trade registers
Economic and financial standing - List and brief description of selection criteria	Selection criteria as stated in the procurement documents
Economic and financial standing- Minimum level(s) of standards possibly required	Selection criteria as stated in the procurement documents
Technical and professional ability - List and brief description of selection criteria	Selection criteria as stated in the procurement documents
Technical and professional ability - Minimum level(s) of standards possibly required	Selection criteria as stated in the procurement documents

Milestones

TED publication date	26/07/2023 00:00
Question deadline	22/09/2023 23:59 UTC+02:00
Answer deadline	N/A
Time limit for receipt of tenders	06/10/2023 15:00
Conditions for opening tenders (date)	09/10/2023 11:00

Lots

Lot number	Title	Description
Lot 1	Transition Risk Data	The Screening Tool relies on large amount of counterparty data, which are mostly based on annual report/sustainability report extractions done by the model users.GR&C is seeking an external data provider (hereinafter also referred to as ‘Service Provider’) for certain climate risk data in order to simplify the data collection process and increase the comparability of data (standardised data).Although it will not be part of the selection criteria, if the selected provider includes environmental risk data in their datasets (bundles) together with the climate risk data, the Bank reserves the right to use this data on the same principles mentioned below and at no additional cost for the Bank.This climate risk data (hereafter defined as ‘Climate Data’) as listed in Annex B will be used to populate parts of the Screening Tool. The Screening Tool will be updated regularly for existing counterparties and on a rolling basis for new counterparties.The outsourced climate data will be processed and used for the purpose of calculating climate risk scores, which will form the base for internal and external reporting (on an aggregated basis). Envisaged additional purposes include portfolio and capital management strategies, stress testing exercises, integration of climate risk assessments into internal credit rating models, risk appetite framework, credit policies/approval and downstream processes (e.g., capital allocation).Access to the service provider platform (and raw data downloads) will be restricted to an agreed number of users. On the other hand, there will be processed climate data included in the Screening Tool, which would be visible to a larger number of users in the Bank.Climate risk scores from the data provider will also be used to benchmark/compare the EIB Screening Tool final scores (before integrating other climate data from the provider into the Screening Tool).
Lot 2	Physical Risk Data	The Screening Tool relies on large amount of counterparty data, which are mostly based on annual report/sustainability report extractions done by the model users.GR&C is seeking an external data provider (hereinafter also referred to as ‘Service Provider’) for certain climate risk data in order to simplify the data collection process and increase the comparability of data (standardised data).Although it will not be part of the selection criteria, if the selected provider includes environmental risk data in their datasets (bundles) together with the climate risk data, the Bank reserves the right to use this data on the same principles mentioned below and at no additional cost for the Bank.This climate risk data (hereafter defined as ‘Climate Data’) as listed in Annex B will be used to populate parts of the Screening Tool. The Screening Tool will be updated regularly for existing counterparties and on a rolling basis for new counterparties.The outsourced climate data will be processed and used for the purpose of calculating climate risk scores, which will form the base for internal and external reporting (on an aggregated basis). Envisaged additional purposes include portfolio and capital management strategies, stress testing exercises, integration of climate risk assessments into internal credit rating models, risk appetite framework, credit policies/approval and downstream processes (e.g., capital allocation).Access to the service provider platform (and raw data downloads) will be restricted to an agreed number of users. On the other hand, there will be processed climate data included in the Screening Tool, which would be visible to a larger number of users in the Bank.Climate risk scores from the data provider will also be used to benchmark/compare the EIB Screening Tool final scores (before integrating other climate data from the provider into the Screening Tool).

Notices

Reference	Notice type	Publication date
2023/S 180-564832	Corrigendum	19/09/2023 00:00
2023/S 142-453780	Contract notice	26/07/2023 00:00