To say that it’s the big question, the only real question for the long-term future, would be, in a way, an understatement. Climate change is happening, and it’s tremendously frightening for everyone. There are no silver bullets, no get out of jail free cards, and no exemptions for dealing with what’s happening to the planet.If you go back and read my blog posts from February or March, we had a lot on the convergence of AI and climate policy.
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“Towards the end of the century, the planet is going to warm by 2.7 degrees,” he said. “According to … scientists, this is well beyond several climate tipping points. And so we need something more than just policies to bring sustainability to work. One particular way that people have thought about is basically integrating sustainability into financial markets.
“We were actually so sure about this, that we went to the very same researchers that were trashing ESG rating companies, and we proposed a collaboration with them. And that is actually what we did last fall here at MIT, where we were studying the co2 emissions that companies disclose, and the information that is available out there. What we found was that companies that went through a third party assurance process were reporting almost 10% higher emissions than their peers.