Traditional carbon accounting models are missing the mark on Scope 3 emissions estimation by up to 2,480%, according to analysis by climate intelligence firm Carbon Responsible. This has implications for asset valuation, regulatory and fiduciary compliance, asset selection and SBTi target validation, the firm said. Carbon Responsible’s study compared Environmentally Extended Input Output (EEIO) estimates to Ada, its AI-powered emissions…
Carbon accounting models overestimate Scope 3 emissions by up to 2,480%
Traditional carbon accounting models are missing the mark on Scope 3 emissions estimation by up to 2,480%, according to analysis by climate intelligence firm Carbon Responsible. This has implications for asset valuation, regulatory and fiduciary compliance, asset selection and SBTi target validation, the firm said. Carbon Responsible’s study compared Environmentally Extended Input Output (EEIO) estimates to Ada, its AI-powered emissions…
Parmenion adds five funds to ESG portfolios
Parmenion Investment Management has added five funds to its ESG portfolios. Among the changes, Parmenion has added the Schroder Global Sustainable Value fund to its Sustainable Growth product, while Sparinvest Ethical Global Value has been initiated into the firm’s Ethical Growth solution. The funds both invest in companies that are ESG leaders with a deep value bias, which Parmenion noted…
Women over 55 most likely to miss work due to mental health
Women aged 55 and over are most affected by mental health-related absenteeism in the UK, research has found this Mental Health Awareness Week. The study by online therapy service Man Confidence shines a spotlight on emotional wellbeing in the workplace. See also: CCLA’s Browne on mental health: Awareness is increasing but the gap is widening Experts from Man Confidence analysed…