A consortium of asset managers, sustainability firms, and scientific experts has launched the Avoided Emissions Platform (AEP), a new tool designed to provide consistent and transparent data on avoided greenhouse gas emissions, often referred to as “scope 4” emissions. The initiative comes amid growing demand for reliable metrics to assess the climate impact of companies and guide investments aligned with global net-zero targets.
The platform currently models avoided emission factors for 65 climate solutions using an open-access methodology and has been developed with input from a scientific advisory committee. It aims to address the longstanding lack of standardised, quantified data that can support financial decision-making and redirect capital towards effective decarbonisation strategies.
The launch comes as estimates suggest that US$215 trillion in investment is needed to meet net-zero goals by 2050, underscoring the importance of harmonised metrics to evaluate and compare low-carbon alternatives.
Access to the AEP is available through licensing, and developers plan to expand the platform with additional solutions over time.
Stakeholders from across the financial, corporate, academic, and regulatory sectors are expected to benefit. The platform enables financial institutions to align portfolios with net-zero objectives; companies to communicate their climate contributions with greater credibility; and policymakers, consultants, and researchers to track emissions and inform decision-making.
Manuel Coeslier, Lead Expert on Climate and Environment at Mirova, said: “The financial sector plays a key role in driving the economy towards net zero emissions globally. Clear and comprehensive information on companies’ true contributions to this goal is essential… We are confident the Avoided Emissions Platform will soon establish itself as a global market platform.”
Lucian Peppelenbos, Climate & Biodiversity Strategist at Robeco, added: “This new database will help us credibly quantify [climate funds’] true contribution to climate mitigation. This addresses the high demand from our clients for more extensive impact measurement.”
Other contributors include Edmond de Rothschild Asset Management, Quantis, and I Care by BearingPoint, all of whom highlighted the platform’s role in increasing transparency and providing tools to measure the effectiveness of climate solutions in a consistent way.
Guillaume Neveux, Founder & Partner at I Care, said: “We are confident that this digital Avoided Emissions Platform… will make the difference by enabling the developers of climate solutions to quantify in a harmonised way their contribution to the climate transition.”
The AEP represents a collaborative response to the need for greater standardisation in sustainability reporting and is expected to play a role in shaping how climate impact is measured across sectors.
