Scientific Beta

Insurance Journal: "A group called Scientific Beta is warning against design flaws in European Commission proposals on climate benchmarks and sustainability disclosures, a draft regulation that makes the weights of stocks in the new climate indices depend more on their stock market performance than on their ecological performance. (...) The group criticized the “lack of a serious study and the significant flaws” in the draft regulation in a letter dated May 4 addressed to the EU in response to a call for feedback."

Insurance Journal 08/05/2020

"(...) A group called Scientific Beta is warning against design flaws in European Commission proposals on climate benchmarks and sustainability disclosures, a draft regulation that makes the weights of stocks in the new climate indices depend more on their stock market performance than on their ecological performance. (...) The group criticized the “lack of a serious study and the significant flaws” in the draft regulation in a letter dated May 4 addressed to the EU in response to a call for feedback. The group worried about the substitution of enterprise value for revenues in the definition of carbon intensity, which it argues introduces capital market biases – real estate development, software, and online retailing will be particularly favored – and instability into carbon metric measurement. (...)"