Corporate Environment Ratings to help you make informed decisions
When it comes to environmental impact, not all energy production is the same, neither is the steel production, oil production or for that matter any kind of production or economic activity. Each activity produces green house gases (GHG) like Carbon Dioxide, Sulfur Oxides, Methane etc. to name a few which impact our environment in a negative manner. The environmental impact has an economic cost on our society.
All electric utilities produce electricity for consumer use of industrial use. However, some utilities impose a smaller environmental cost on us while other impose a much larger cost for the same exact amount of electricity generated. Same is the case for steel production or cement production. How do we know which company or entity is creating what environment costs on our planet.
Nvyra publishes simple, easy to understand, environmental ratings that rank order companies on the basis of environmental cost imposed on the society per million dollar of revenue. This rating allows investors, regulators and policymakers to clearly understand and compare the environment costs by a commercial enterprise regardless of the industry. Using Nvra’s ratings one can compare an electric utility with a streel producer or an oil extraction company. Because our ratings make comparison easy not only within an industry but across industries, all stakeholders can use our ratings as the benchmark for investment, regulatory or policymaking purposes
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OUR MISSION
Bringing Transparency to Eco-Conscious Investing
At the heart of our is a commitment to transparency and clarity. Founded by an veteran in risk management with over 30-years of experience, our mission is to present our analysis in a transparent and clear to understand insights on the environmental cost of any economic activity, particularly by producers of goods, services and energy. Our simple to understand rating system allows investors to compare companies based on an industry accepted ratings system across industries and geographies. Our goal is to empower stakeholders – investors, regulators, policymakers, and others- to make decisions that are consistent, justifiable and based on standardized taxonomy.
OUR FOUNDER
PRAVEEN VARMA
Praveen Varma is the CEO and founder of Nyvra, Inc. With extensive experience as a Chief Risk Officer at various financial institutions and over a decade at Moody's in senior roles, Praveen's mission is to provide data-driven insights that help investors, regulators, and policymakers make informed decisions. His passion for this work stems from witnessing the global impact of environmental changes during his travels. Praveen holds a PhD in Finance and Econometrics from the University of Pittsburgh.
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Berkshire Hathaway Energy Company
Berkshire Hathaway Energy Company (BHE) is a consolidated subsidiary of Berkshire Hathaway involved primarily in the generation, transmission, and utility distribution of electricity and the transmission and utility distribution of natural gas through its eight primary subsidiaries.
PT Rating: B3
FWD Rating: B2
Black Hills Corporation
Black Hills Corporation is a South Dakota based U.S. energy holding company involved with the generation, transmission, and distribution of electricity and natural gas through its subsidiaries. Additionally, it is involved in the mining and sale of coal through Wyodak Resources Development Corporation, a wholly owned subsidiary.
PT Rating: B1
FWD Rating: B1
Consolidated Edison Inc.
Consolidated Edison, Inc. is a New York based U.S. energy holding company involved with the generation, transmission, and distribution of electricity, natural gas and steam through its subsidiaries.
PT Rating: Bbb2
FWD Rating: Bbb2
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OUR PROCESS
Transparent, Data-Driven Environmental Ratings
We follow a clear, five-step process to deliver accurate environmental ratings.
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Analyze Emissions: We gather and project relevant emissions data using public sources and entity-provided insights.
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Apply Social Costs: We calculate externalities by assigning monetary values to emissions using government or academic estimates.
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Measure Activity: We determine and project the entity's economic activity to provide context.
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Scale & Compare: We derive scaled externality measures and benchmark them against our rating framework.
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Review & Finalize: Our rating committee evaluates all findings to assign final environmental ratings.
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Environmental Impact Reports Straight to Your Inbox