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For investors, green companies still hard to find with new emissions reporting rules

Investors looking to weed out climate laggards from portfolios will struggle to accurately compare companies, according to Reuters. Jimmy Jia, researcher at the Oxford Smith School of Enterprise and the Environment, said as well as differences in defining what should be counted under existing GHGP guidelines, companies may use different calculation processes or present data in different ways.

"Investors need to understand if a difference is due to an operational difference, or because the entities applied different accounting methodologies," he said.