“Investors, including institutional investors and pension funds, expect more information than they did in the past,” Gorte said.
Investors need to know if they are accomplishing what they want to accomplish, which is to reduce greenhouse gas emissions, said Behar. If they are investing in commodities that are reported as having zero emissions, when they in fact do have greenhouse gas emissions, the investors are being misled, he explained.
“Investors could be hurt twice,” added Dusty Horwitt, senior counsel for the partnership and author of the report. They are not helping reduce greenhouse gas emissions, and “there is a financial risk if the company does not perform as advertised.”