Measuring Scope 3 emissions is challenging due to their complexity. Confluence Analytics has developed an innovative pricing approach that incorporates emissions in portfolio construction, offering a direct and profitable path to net zero investing. Their ESG signals focus on identifying relationships between residual returns and changes in ESG and carbon data.
Read more here: https://owlesg.com/2023/04/21/the-case-for-ignoring-scope-3-emissions/