10% of energy companies disclose Scope 3 emissions from oil and gas projects to investors.

Clarity AI's study reveals that only a tenth of energy companies fully disclose Scope 3 emissions from oil and gas projects as investors. Scope 3 emissions, crucial for investors in the transitioning economy, involve indirect emissions from working with suppliers and selling products to clients. While energy companies argue responsibility lies with users, failing to report Scope 3 emissions could mislead investors. This issue could become problematic for energy companies if pro-transition investors take it seriously, as they have with other emissions.

August 05, 2024
7 Articles