
“I am aware that those less familiar with the footnotes in corporate sustainability/integrated reports or Bloomberg’s data field ES074 maybe surprised how few companies we can independently confirm to have reported 100.0% of their Scope 1 GHG emissions. Yet, to provide asset owners any chance of aligning their portfolios with 2° scenarios and responding thoroughly to TCFD, it is paramount that the vast majority of corporations listed on equity or bond markets take complete and public accountability of their Scope 1 GHG emissions instead of reporting some number that is probably the majority but far from complete.”
Professor Andreas G. F. Hoepner
Member of the EU's Technical Expert Group on Sustainable Finance
(in personal capacity)