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PGIM Investments: Untapped decarbonisation opportunities are finally within reach
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Most carbon solutions strategies focus on operational emissions via scopes 1, 2 and 3 of the greenhouse gas protocol, overlooking avoided emissions, or scope 4, in the process. Jennison Associates, PGIM’s fundamental equity manager, sees scope 4 as an essential contributor to carbon reduction that opens access to a greatly expanded opportunity set to investors willing to recognise it.

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