Evenlode: Greenhouse gas emissions down as company reporting data improves

Fall per £10,000 invested

clock • 1 min read
Charlie Freitag of Evenlode Investment
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Charlie Freitag of Evenlode Investment

Emissions per £10,000 invested have fallen by 10% for the Evenlode Income Fund, fuelled by better quality data and more companies taking action to reduce their carbon footprint.

The Evenlode Global Income fund has seen its emissions per £10,000 invested fall by 3%, when compared with an equivalent fund tracking the MSCI World Index. But while 96% of investee companies have improved in their reporting of Scope 1 and Scope 2 emissions, only a minority report on Scope 3 emissions. Charlie Freitag, stewardship analyst at Evenlode Investment, said that most companies carbon footprints are in their supply chain and products and services, which are covered by Scope 3. "By including Scope 3 in the emissions analysis for its funds, Evenlode was able to get a much b...

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