Carbon emissions data are critically important to investors’ increasingly important role in helping combat climate change. Research by Vitali Kalesnik and his coauthors finds no evidence that forward-looking carbon scores or estimated carbon emissions provide sufficient data to be effective in promoting sustainable practices. Further, they find that the estimated data (often composing more than 50% of the data on carbon emissions) lack accuracy and rely primarily on only industry and size information. Compared to reported data, estimated data lead to a significant loss of efficacy in investor actions on climate mitigation. This research supports the call for the mandatory reporting of climate-related information.
Link for “Green Data or Greenwashing” paper
04.03.2021
| Vitali Kalesnik, Ph.D | Video