BNP Paribas AM turns to machine learning for carbon emissions

AI may help fund manager count emissions that companies fail to report

BNP Paribas Asset Management is using machine learning to estimate carbon emissions for companies that do not report their carbon footprint.

Raul Leote de Carvalho, deputy head of the quant research group at BNP Paribas Asset Management, says its modelling of carbon emissions will provide estimates for some 10,000 companies. The model’s approach was inspired by a paper from researchers at the University of Otago in New Zealand, that explained how machine learning can be used to improve the