The Hidden Climate Cost of Your Portfolio

Episode 32 of Climate Economics with Fexingo dives into a blind spot for most investors: the carbon footprint embedded in equity and bond portfolios. Lucas and Luna explore how the 'financed emissions' of banks and asset managers dwarf their direct operational emissions, using JPMorgan Chase's 2025 climate report as a case study. They unpack why Scope 3 category 15 emissions—those attributable to lending and underwriting—are the real story, and how the SEC's new climate disclosure rules are forcing fund managers to calculate and report these numbers. The hosts discuss a recent study showing that the average 401(k) portfolio has a carbon intensity equivalent to driving 12,000 miles per year per $10,000 invested. They also examine why divestment alone may not reduce real-world emissions, and why engagement and green bond allocations might be more effective. A must-listen for anyone who owns a diversified portfolio and wants to understand its climate impact. #ClimateEconomics #FinancedEmissions #PortfolioCarbonFootprint #JPMorganChase #SECClimateRules #Scope3Emissions #SustainableInvesting #CarbonAccounting #GreenBonds #Divestment #Engagement #NetZeroPortfolio #ESG #AssetManagement #ClimateRisk #Business #FexingoBusiness #BusinessPodcast Keep every episode free: buymeacoffee.com/fexingo