IPE: "Scientific Beta believes it is possible to design indices within the EU climate benchmarks framework that “have meaning” from a climate-impact point of view, and is setting out to do so. Its ESG director, Frédéric Ducoulombier, has some suggestions for what investors should look out for when assessing EU climate benchmark offerings, if they are out to maximise their contribution to emissions reductions."
IPE, September 2020
"(...) The index provider Scientific Beta has been very critical of several aspects of the EU climate benchmarks. It essentially argues that the final rules will allow index providers to develop indices that meet the EU climate benchmark criteria and yet are meaningless in terms of encouraging companies to reduce their emissions. According to the firm, it and investors using such benchmarks could be accused of participating in greenwashing. However, Scientific Beta believes it is possible to design indices within the EU climate benchmarks framework that “have meaning” from a climate-impact point of view, and is setting out to do so. Its ESG director, Frédéric Ducoulombier, has some suggestions for what investors should look out for when assessing EU climate benchmark offerings, if they are out to maximise their contribution to emissions reductions. (...)"
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