IIT Guwahati, IIM Bombay Teams Make Breakthrough in Pricing Carbon Risk

The researchers carried out an extensive data analysis of over 200 of the largest listed companies in the American market.

Researchers from the Indian Institute of Technology, Guwahati (IIT-G), and IIM Bangalore have established in a new mathematical analysis a relationship between the carbon footprint of companies and the potential risks of investing in these firms.

For the study, the researchers carried out an extensive data analysis of over 200 of the largest listed companies in the American market. They also considered direct Greenhouse Gase (GHG) emissions of the companies and purchased GHG emissions (in power consumption or heat).

Source : ians