The 21st Century will be increasingly defined by emerging and changing environmental risks and opportunities. Environmental risks are fundamental drivers of company and financial risk exposure for debt issuers. Asset level data build on disclosure regimes by providing physical and nonphysical asset level information tied to company ownership. The potential of asset level data to inform new analysis of environmental risk exposure is significant, including for the assessment of credit risk. These high-resolution data have the potential to improve the identification and analysis of environmental risk for analysts, investors, and other stakeholders.