Four Twenty Seven
From Wikipedia, the free encyclopedia
| Industry | Climate risk data firm |
|---|---|
| Genre | Data |
| Founded | October 2012 |
| Founder | Emilie Mazzacurati |
| Defunct | 2020 |
| Headquarters | , United States |
Key people | Emilie Mazzacurati, Founder and CEO Colin Shaw, COO Frank Freitas CDO |
| Website | 427mt |
Four Twenty Seven, Inc. (427) was a California-based data research, analysis and advisory firm that measured the physical and societal risks of climate change. The company was headquartered in Berkeley.
In 2019, Moody's Corporation purchased a majority share in Four Twenty Seven. The firm officially became a part of Moody's ESG Solutions Group in 2020, after which the "Four Twenty Seven" brand name was officially retired.[1][2]
In October 2012, Emilie Mazzacurati established Four Twenty Seven, Inc. in the wake of Hurricane Sandy.[3] Mazzacurati realized that "with the right tools and guidance" including "science-driven risk analytics", business could play a "critical role" in "building resistance" to the hazards caused by climate change. Hurricane Sandy had "demonstrated that the lack of planning for climate impacts could bring even the most powerful financial institutions to their knees". By 2019, Mazzacurati was the Chief Executive Officer (CEO).
Mazzacurati chose the name "Four Twenty Seven" after the CARB's then-goal of lowering annual greenhouse-gas emissions to the equivalent of 427 metric tons of carbon dioxide by 2020.[3]