ESG funds could be left holding major emitters as Big Tech faces up to Scope 3, warns investor

Tech companies will replace energy producers on CA100+ as indirect emissions are factored into broader disclosure rules and analysis, says KBI portfolio manager

Big tech holdings will soon be identified as some of the world’s biggest carbon emitters as Scope 3 emissions begin to be factored into assessments, a senior portfolio manager at KBI Global Investors has warned. 

The sector has become popular with green investors because of the lo…

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