Impact of corporate climate change mitigation actions on the cost of capital (IMAGE)
Caption
Researchers at Kyushu University found that reducing CO2 emissions and following TCFD guidelines can lower the cost of equity for companies where climate change is a major concern. However, this effect was not seen in industries like education, where climate change is less critical. No clear evidence links environmental commitments or Scope 3 emissions disclosure (indirect emissions from the value chain) to reduced cost of capital.
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Kyushu University
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