EU’s new carbon-scoring metric bedevils investors

Buy-side risk survey 2021: Evic could have harmful consequences for green investing

Click here to download the full survey results.

The devil – in carbon-scoring, as in so much else – is in the detail. What might look like an arcane, even insignificant tweak to the evaluation of carbon scores by European Union policy-makers, could have an outsized effect on carbon metrics, influencing billions of dollars of future investments.

Investors, however, aren’t buying it. Experts say the EU’s policy switch to using enterprise value as the denominator in calculating carbon emissions