London Stock Exchange Group’s New Climate-Index Bet Puts FTSE Russell in the AI Data Race
FTSE Russell, part of London Stock Exchange Group plc, has reached a provisional deal with Planetrics to build climate-scenario indices and analytics—part of LSEG’s broader effort to boost the value of its data and models. FTSE Russell said both companies aim to roll out new indices before year-end. The deal is coming into focus as LSEG aims to convince investors its data unit stands to benefit—not get squeezed—by AI and changing client needs. Back in April, the company reported a 9.8% jump in first-quarter total income excluding recoveries, measured on an organic constant-currency basis. For 2026, LSEG is steering revenue growth expectations toward the higher end of its 6.5% to 7.5% target.