Investors With $9.5 Trillion Seek Mandatory ‘Scope 3’ Disclosures

An influential coalition of pension funds and insurance companies holding a combined $9.5 trillion of assets called on regulators to mandate corporate disclosures of so-called Scope 3 emissions. The Net-Zero Asset Owner Alliance said in a report published on Wednesday that requiring disclosures of carbon pollution produced by companies’ customers and supply chains would increase data credibility and comparability. Regulators also should provide guidance to address data and methodology problems that have thwarted the finance sector’s efforts to grapple with their value chain emissions, the group said. Scope 3 emissions...