Carmakers’ Lifetime Emissions 50% Higher Than Reported
Credit to Author: Transport & Environment (T&E)| Date: Thu, 29 Sep 2022 19:30:40 +0000
Car manufacturers are misleading investors by significantly underestimating the total distance travelled and fuel consumption of cars, as mandatory Scope 3 emissions reporting represent a ‘ticking carbon bomb’ for asset managers. Carmakers’ global emissions are on average 50% higher than what they report with Hyundai-Kia and BMW under-reporting emissions by as much as 115% and 80% respectively, […]
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