BNP Paribas AM turns to machine learning for carbon emissions
The asset manager is using machine learning to estimate carbon footprints for companies that do not report emissions.
BNP Paribas Asset Management is using machine learning to estimate carbon emissions for companies that do not report their carbon footprint.
Raul Leote de Carvalho, deputy head of the quant research group at BNP Paribas Asset Management, says its modeling of carbon emissions will provide estimates for some 10,000 companies. The model’s approach was inspired by a paper authored by researchers at the University of Otago in New Zealand, detailing how machine learning can be used to improve the
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