---
date: '2021-05-31T13:22:06'
li-id: 6805121199056678912
li-url: https://www.linkedin.com/posts/jean-marc-jancovici_carbon4-finance-wins-the-eagle-alpha-esg-activity-6805121199056678912-zA-P
title: CHANGE_ME 770
---

With its database Carbon Impact Analytics, Carbon 4 Finance just won a hackathon organized by Eagle Alpha, that gathered 150 competitors. 

The very good news, in the present case, is that an analysis including scope 3 emissions for all the companies we assess (Carbon Impact Analytics) was considered "more relevant" by the jury. Carbon 4 Finance has long considered that not taking scope 3 into account was misleading regarding transition risks. 
 
By a funny coincidence, this trophy was awarded at the same moment that the ruling of a Dutch court against Shell, stating that this company was accountable for its scope 3 emissions (https://lnkd.in/dg3EQDx ).

It confirms the importance of calculating this scope 3 (which is feasible with the appropriate methods) when it is not reported by the company.