Implied Temperature Rise from MSCI ESG Research is an intuitive, forward-looking metric, expressed in degrees Celsius, designed to show the temperature alignment of companies, portfolios and funds with global temperature goals. Investors can use Implied Temperature Rise to set decarbonization targets and support engagement on climate risk. The ITR measure, which is also designed to support reporting for the Task Force on Climate-related Financial Disclosures (TCFD), is part of a platform of analytical tools from MSCI ESG Research for institutional investors to navigate the transition to net-zero at every stage.