The perfect climate risk metric does not exist
Buy-side risk survey 2021: Even the keenest searches fail to find a reliable system of climate disclosure
Click here to download the full survey results.
It couldn’t have been any simpler. Fulcrum Asset Management wanted to count the carbon emitted by its business, which consists of two office buildings – one in New York and one in London. The hedge fund asked several firms to provide it with an answer. They came back with “quite different outcomes”, says Nabeel Abdoula, the fund’s deputy chief investment officer, because they used different methodologies, assumptions and warming scenarios.
Fulcru
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