Scientific Beta

ETF Stream: "Frédéric Ducoulombier, ESG director at Scientific Beta, commented: “PAB activity exclusions de facto exclude the coal and oil and gas sectors along with the majority of electricity producers. While the number of oil and gas companies boldly transitioning is extremely limited, the exclusion of the industry does little to encourage transition leadership in this key sector."

ETF Stream 12/04/2021

"(...) Frédéric Ducoulombier, ESG director at Scientific Beta, commented: “PAB activity exclusions de facto exclude the coal and oil and gas sectors along with the majority of electricity producers. While the number of oil and gas companies boldly transitioning is extremely limited, the exclusion of the industry does little to encourage transition leadership in this key sector. “A wider-ranging compatibility issue is created by the sharp, benchmark-relative, portfolio-level reductions in ‘carbon intensity’ that promote portfolio decarbonisation at onset through divestment of high carbon intensity assets rather than continued investment and incentivising of transition.” (...)"