E Issue Reporting for Short Positions

M c i conducted 20 plus consultations across us, europe and asia with a variety of market participants to gather their views on how short positions are currently being reported. Acid owners predominantly expressed the view that e s g and climate reporting should focus on transparency and real world metrics. Alternative investent manages such as hedge funds felt that shorting poor e issue performers should therefore result in some credit at the aggregate portfolio level. Holding short positions doesn't cancel out your investment in a company with a problematic externality like high carbon intensities or clus dimunitions.