{"id":12606,"date":"2025-01-21T12:07:13","date_gmt":"2025-01-21T04:07:13","guid":{"rendered":"https:\/\/blog.roboadvisor.com.tw\/?p=12606"},"modified":"2025-01-21T12:07:13","modified_gmt":"2025-01-21T04:07:13","slug":"%e6%99%a8%e6%98%9f%e6%8a%95%e8%b3%87%e7%b5%84%e5%90%88%e7%a2%b3%e6%8e%92%e6%94%be%e6%8c%87%e6%a8%99%ef%bc%88morningstar-portfolio-carbon-metrics%ef%bc%89%e6%98%af%e4%bb%80%e9%ba%bc%ef%bc%9f","status":"publish","type":"post","link":"https:\/\/blog.roboadvisor.com.tw\/?p=12606","title":{"rendered":"\u6668\u661f\u6295\u8cc7\u7d44\u5408\u78b3\u6392\u653e\u6307\u6a19\uff08Morningstar Portfolio Carbon Metrics\uff09\u662f\u4ec0\u9ebc\uff1f"},"content":{"rendered":"\n<p>\u96a8\u8457\u6c23\u5019\u8b8a\u9077\u8b70\u984c\u7684\u52a0\u5287\uff0c\u6295\u8cc7\u8005\u9762\u81e8\u8d8a\u4f86\u8d8a\u591a\u8207\u6c23\u5019\u76f8\u95dc\u7684\u6311\u6230\u3002\u6295\u8cc7\u7d44\u5408\u78b3\u6392\u653e\u6307\u6a19\uff08Morningstar\u7684Portfolio Carbon Metrics\uff09\u63d0\u4f9b\u6295\u8cc7\u8005\u4e00\u500b\u7cbe\u78ba\u7684\u65b9\u5f0f\uff0c\u8a55\u4f30\u4e26\u7ba1\u7406\u6295\u8cc7\u7d44\u5408\u4e2d\u7684\u78b3\u98a8\u96aa\uff08Carbon Risk\uff09\u8207\u66b4\u9732\uff08Involvement\uff09\u3002<\/p>\n\n\n\n<p>\u672c\u7bc7\u5c07\u6df1\u5165\u89e3\u6790\u5176\u6838\u5fc3\u529f\u80fd\u3001\u6700\u65b0\u6539\u9032\u8207\u5be6\u7528\u516c\u5f0f\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\u6668\u661f\u6295\u8cc7\u7d44\u5408\u78b3\u6392\u653e\u6307\u6a19\uff08Morningstar Portfolio Carbon Metrics\uff09\u662f\u4ec0\u9ebc\uff1f<\/h2>\n\n\n\n<p>\u6668\u661f\u6295\u8cc7\u7d44\u5408\u78b3\u6392\u653e\u6307\u6a19\uff08Morningstar Portfolio Carbon Metrics\uff09 \u662f\u57fa\u65bc Sustainalytics \u516c\u53f8\u78b3\u98a8\u96aa\u7814\u7a76\u7684\u8cc7\u7522\u52a0\u6b0a\u6295\u8cc7\u7d44\u5408\u8a08\u7b97\u3002<\/p>\n\n\n\n<p>\u4f4e\u78b3\u6a19\u8a8c\u2122 \u5fbd\u7ae0\u986f\u793a\u6295\u8cc7\u7d44\u5408\u4e2d\u7684\u516c\u53f8\u6574\u9ad4\u4e0a\u8207\u5411\u4f4e\u78b3\u7d93\u6fdf\u7684\u8f49\u578b\u4fdd\u6301\u4e00\u81f4\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"589\" height=\"402\" src=\"https:\/\/blog.roboadvisor.com.tw\/wp-content\/uploads\/2025\/01\/image-6.png\" alt=\"\" class=\"wp-image-12607\" style=\"width:382px;height:auto\" srcset=\"https:\/\/blog.roboadvisor.com.tw\/wp-content\/uploads\/2025\/01\/image-6.png 589w, https:\/\/blog.roboadvisor.com.tw\/wp-content\/uploads\/2025\/01\/image-6-300x205.png 300w\" sizes=\"auto, (max-width: 589px) 100vw, 589px\" \/><\/figure>\n\n\n\n<p>\u70ba\u4e86\u7372\u5f97\u4f4e\u78b3\u7a31\u865f\uff0c\u57fa\u91d1\u7684\u6b77\u53f2\u78b3\u98a8\u96aa\u8a55\u5206\u5fc5\u9808\u4f4e\u65bc 10\uff0c\u4e14\u6240\u6d89\u53ca\u7684\u6295\u8cc7\u7d44\u5408\u7684\u6b77\u53f2\u5316\u77f3\u71c3\u6599\u767e\u5206\u6bd4\u5fc5\u9808\u4f4e\u65bc 7%\u3002\u7522\u751f\u57fa\u65bc\u540c\u696d\u7684\u767e\u5206\u4f4d\u6392\u540d\u7684\u78b3\u6307\u6a19\u5c07\u53d7\u5230\u6700\u4f4e\u8986\u84cb\u7387\u8981\u6c42\u7684\u8a08\u7b97\u3002\u5c0d\u65bc\u53d7\u6b64\u8981\u6c42\u7d04\u675f\u7684\u6307\u6a19\uff0c\u6295\u8cc7\u7d44\u5408\u5fc5\u9808\u81f3\u5c11\u6db5\u84cb 67% \u7684\u5408\u683c\u6295\u8cc7\u7d44\u5408\u624d\u80fd\u9032\u884c\u8a08\u7b97\u3002\u6240\u6709\u5176\u4ed6\u78b3\u6307\u6a19\u90fd\u5c07\u6839\u64da\u73fe\u6709\u6578\u64da\u9032\u884c\u8a08\u7b97\uff0c\u4e0d\u9069\u7528\u6700\u4f4e\u8986\u84cb\u6a19\u6e96\u3002\u6668\u661f\u6295\u8cc7\u7d44\u5408\u4e2d\u7684\u6240\u6709\u78b3\u6307\u6a19\u5747\u6309\u6708\u8a08\u7b97\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">\u6838\u5fc3\u529f\u80fd<\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><\/td><td class=\"has-text-align-left\" data-align=\"left\">\u5b9a\u7fa9<\/td><td>\u61c9\u7528<\/td><\/tr><tr><td>\u6295\u8cc7\u7d44\u5408\u78b3\u98a8\u96aa\uff08Portfolio Carbon Risk\uff09<\/td><td class=\"has-text-align-left\" data-align=\"left\">\u57fa\u65bcSustainalytics\u7684\u516c\u53f8\u78b3\u98a8\u96aa\u8a55\u5206\uff08Carbon Risk Rating\uff09\uff0c\u8a08\u7b97\u6295\u8cc7\u7d44\u5408\u9762\u81e8\u7684\u5e73\u5747\u8f49\u578b\u98a8\u96aa\uff08Transition Risk\uff09\u3002<\/td><td>\u5e6b\u52a9\u6295\u8cc7\u8005\u8b58\u5225\u9ad8\u98a8\u96aa\u9818\u57df\uff0c\u4e26\u5c0b\u6c42\u964d\u4f4e\u98a8\u96aa\u7684\u65b9\u6cd5\u3002<\/td><\/tr><tr><td>\u6295\u8cc7\u7d44\u5408\u5316\u77f3\u71c3\u6599\u8207\u78b3\u89e3\u6c7a\u65b9\u6848\u53c3\u8207\u5ea6\uff08Portfolio Fossil Fuel &amp; Carbon Solutions Involvement\uff09<\/td><td class=\"has-text-align-left\" data-align=\"left\">\u8a55\u4f30\u6295\u8cc7\u7d44\u5408\u4e2d\u6d89\u53ca\u5316\u77f3\u71c3\u6599\uff08Fossil Fuels\uff09\u6216\u78b3\u6e1b\u6392\u89e3\u6c7a\u65b9\u6848\uff08Carbon Solutions\uff09\u76f8\u95dc\u696d\u52d9\u7684\u6bd4\u4f8b\u3002<\/td><td>\u6295\u8cc7\u8005\u53ef\u4ee5\u6839\u64da\u9019\u4e9b\u6578\u64da\u91cd\u65b0\u5206\u914d\u8cc7\u7522\uff0c\u6e1b\u5c11\u5316\u77f3\u71c3\u6599\u66b4\u9732\uff0c\u589e\u52a0\u53ef\u518d\u751f\u80fd\u6e90\u6295\u8cc7\u3002<\/td><\/tr><tr><td>\u6295\u8cc7\u7d44\u5408\u78b3\u6392\u653e\uff08Portfolio Carbon Emissions\uff09<\/td><td class=\"has-text-align-left\" data-align=\"left\">\u5206\u6790\u6295\u8cc7\u7d44\u5408\u7684\u78b3\u6548\u7387\uff08Carbon Efficiency\uff09\uff0c\u6db5\u84cb\u7bc4\u75871\uff08Scope 1\uff09\u3001\u7bc4\u75872\uff08Scope 2\uff09\u8207\u7bc4\u75873\uff08Scope 3\uff09\u7684\u78b3\u6392\u653e\u6578\u64da\u3002<\/td><td>\u5c07\u6295\u8cc7\u7d44\u5408\u7684\u7e3d\u6392\u653e\u91cf\u6309\u6bcf\u767e\u842c\u7f8e\u5143\u6295\u8cc7\u91d1\u984d\u9032\u884c\u6a19\u6e96\u5316\u7684\u7d50\u679c\uff0c\u4fbf\u65bc\u6a6b\u5411\u6bd4\u8f03\u3002<\/td><\/tr><tr><td>\u4f4e\u78b3\u6a19\u7c64\uff08Low Carbon Designation\u2122\uff09<\/td><td class=\"has-text-align-left\" data-align=\"left\">\u6a19\u8a18\u4f4e\u78b3\u98a8\u96aa\uff08\u4f4e\u65bc10\u5206\uff09\u4e14\u5316\u77f3\u71c3\u6599\u66b4\u9732\uff08Fossil Fuel Exposure\uff09\u4f4e\u65bc7%\u7684\u6295\u8cc7\u7d44\u5408\u3002<\/td><td>\u5feb\u901f\u8b58\u5225\u7da0\u8272\u6295\u8cc7\u7684\u6a19\u7c64\uff0c\u9069\u5408\u5e0c\u671b\u5f70\u986fESG\uff08\u74b0\u5883\u3001\u793e\u6703\u3001\u6cbb\u7406\uff09\u627f\u8afe\u7684\u6295\u8cc7\u8005\u3002<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>\u88dc\u5145\u6295\u8cc7\u7d44\u5408\u78b3\u6392\u653e\uff08Portfolio Carbon Emissions\uff09\u90e8\u5206\uff0c\u6307\u6a19\u4e2d\u6709\u6295\u8cc7\u7d44\u5408\u78b3\u8db3\u8de1\u516c\u5f0f\uff08Portfolio Carbon Footprint\uff09\u5c07\u6295\u8cc7\u7d44\u5408\u7684\u7e3d\u6392\u653e\u91cf\u6309\u6bcf\u767e\u842c\u7f8e\u5143\u6295\u8cc7\u91d1\u984d\u9032\u884c\u6a19\u6e96\u5316\u7684\u7d50\u679c\uff0c\u4fbf\u65bc\u6a6b\u5411\u6bd4\u8f03\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"678\" height=\"43\" src=\"https:\/\/blog.roboadvisor.com.tw\/wp-content\/uploads\/2025\/01\/image-7.png\" alt=\"\" class=\"wp-image-12610\" srcset=\"https:\/\/blog.roboadvisor.com.tw\/wp-content\/uploads\/2025\/01\/image-7.png 678w, https:\/\/blog.roboadvisor.com.tw\/wp-content\/uploads\/2025\/01\/image-7-300x19.png 300w\" sizes=\"auto, (max-width: 678px) 100vw, 678px\" \/><\/figure>\n\n\n\n<p>2023\u5e74\u7684\u5206\u6210\u56db\u584a\u6539\u9032\uff1a<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>\u66f4\u9ad8\u983b\u7387\u7684\u66f4\u65b0\uff08Higher Frequency Updates\uff09<\/strong>\uff1a\u5f9e\u6bcf\u5b63\u66f4\u65b0\u6539\u70ba\u6bcf\u6708\u66f4\u65b0\uff0c\u78ba\u4fdd\u6578\u64da\u7684\u6642\u6548\u6027\uff08Timeliness\uff09\uff0c\u5c24\u5176\u9069\u7528\u65bc\u9ad8\u6d41\u52d5\u6027\u57fa\u91d1\u548c\u5feb\u901f\u8b8a\u5316\u7684\u5e02\u5834\u74b0\u5883\u3002<\/li>\n\n\n\n<li><strong>\u65b0\u589e\u78b3\u6392\u653e\u7bc4\u7587\uff08Expanded Carbon Emissions Scope\uff09<\/strong>\uff1a\u9664\u7bc4\u75871\uff08Direct Emissions\uff09\u8207\u7bc4\u75872\uff08Indirect Emissions\uff09\u5916\uff0c\u73fe\u5df2\u7d0d\u5165\u7bc4\u75873\uff08Supply Chain Emissions\uff09\u6578\u64da\u3002<\/li>\n\n\n\n<li><strong>\u66f4\u7d30\u5316\u7684\u5316\u77f3\u71c3\u6599\u6578\u64da\uff08Granular Fossil Fuel Data\uff09<\/strong>\uff1a\u65b0\u589e\u516c\u53f8\u6536\u5165\u5360\u6bd4\u7684\u5206\u985e\uff0c\u5c07\u66b4\u9732\u6bd4\u4f8b\u5206\u70ba0.01%-4.9%\u30015.0%-9.9%\u7b49\u4e94\u500b\u6a94\u6b21\uff0c\u63d0\u4f9b\u66f4\u591a\u6c7a\u7b56\u4f9d\u64da\u3002<\/li>\n\n\n\n<li><strong>\u6539\u9032\u6392\u540d\u65b9\u5f0f\uff08Improved Ranking Methodology\uff09<\/strong>\uff1a\u6392\u540d\u57fa\u65bc\u6295\u8cc7\u7d44\u5408\uff08Portfolio\uff09\u800c\u975e\u55ae\u4e00\u80a1\u7968\u985e\u5225\uff08Share Classes\uff09\uff0c\u6e1b\u5c11\u6578\u64da\u504f\u5dee\uff08Data Bias\uff09\u3002<\/li>\n<\/ol>\n\n\n\n<h2 class=\"wp-block-heading\">\u5e38\u898b\u554f\u984c\u8207\u89e3\u7b54\uff08FAQs\uff09<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">Q1. <strong>\u5982\u4f55\u5229\u7528\u78b3\u8db3\u8de1\u516c\u5f0f\uff1f<\/strong><\/h3>\n\n\n\n<p>\u61c9\u7528\u5834\u666f\u662f\u6bd4\u8f03\u4e0d\u540c\u6295\u8cc7\u7d44\u5408\u7684\u6392\u653e\u6548\u7387\uff08Emission Efficiency\uff09\u3002<\/p>\n\n\n\n<p>\u4f8b\u5982\uff0c\u6295\u8cc7100\u842c\u7f8e\u5143\u7684\u7d44\u5408A\u6392\u653e500\u516c\u5678\uff0c\u800c\u7d44\u5408B\u6392\u653e200\u516c\u5678\uff0c\u5247\u7d44\u5408B\u7684\u78b3\u8db3\u8de1\u66f4\u5c0f\uff0c\u74b0\u5883\u53cb\u597d\u5ea6\u66f4\u9ad8\u3002<\/p>\n\n\n\n<p><strong>\u8a08\u7b97\u793a\u4f8b\uff08Example Calculation\uff09<\/strong>\uff1a<\/p>\n\n\n\n<p>\u7d44\u5408A\u78b3\u8db3\u8de1\uff1a<\/p>\n\n\n\n<pre class=\"wp-block-code\"><code>500\uff0f1=500\u200b=500\uff08\u6bcf\u767e\u842c\u7f8e\u5143\u6392\u653e\u91cf\uff09<\/code><\/pre>\n\n\n\n<p>\u7d44\u5408B\u78b3\u8db3\u8de1\uff1a<\/p>\n\n\n\n<pre class=\"wp-block-code\"><code>200\uff0f1=200\u200b=200\u3002\uff08\u6bcf\u767e\u842c\u7f8e\u5143\u6392\u653e\u91cf\uff09<\/code><\/pre>\n\n\n\n<h4 class=\"wp-block-heading\">Q2. <strong>\u6295\u8cc7\u7d44\u5408\u4f4e\u78b3\u6a19\u7c64\u7684\u5f71\u97ff\uff1f<\/strong><\/h4>\n\n\n\n<p>\u7372\u5f97Low Carbon Designation\u2122\u7684\u57fa\u91d1\u53ef\u4ee5\u5438\u5f15\u66f4\u591aESG\u6295\u8cc7\u8005\uff0c\u4e26\u63d0\u5347\u5e02\u5834\u7af6\u722d\u529b\u3002<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">Q3. <strong>\u9019\u4e9b\u6578\u64da\u5982\u4f55\u652f\u6301\u76e3\u7ba1\u9700\u6c42\uff1f<\/strong><\/h4>\n\n\n\n<p>Morningstar\u63d0\u4f9b\u7b26\u5408\u6b50\u76dfSFDR\uff08Sustainable Finance Disclosure Regulation\uff09\u898f\u7bc4\u7684\u78b3\u6392\u653e\u6578\u64da\uff0c\u5354\u52a9\u6295\u8cc7\u8005\u61c9\u5c0d\u76e3\u7ba1\u6311\u6230\u3002<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n","protected":false},"excerpt":{"rendered":"<p>\u96a8\u8457\u6c23\u5019\u8b8a\u9077\u8b70\u984c\u7684\u52a0\u5287\uff0c\u6295\u8cc7\u8005\u9762\u81e8\u8d8a\u4f86\u8d8a\u591a\u8207\u6c23\u5019\u76f8\u95dc\u7684\u6311\u6230\u3002\u6295\u8cc7\u7d44\u5408\u78b3\u6392\u653e\u6307\u6a19\uff08Morningstar\u7684Por [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":12613,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[54],"class_list":["post-12606","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-esg","tag-esg"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"_links":{"self":[{"href":"https:\/\/blog.roboadvisor.com.tw\/index.php?rest_route=\/wp\/v2\/posts\/12606","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.roboadvisor.com.tw\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.roboadvisor.com.tw\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.roboadvisor.com.tw\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.roboadvisor.com.tw\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12606"}],"version-history":[{"count":0,"href":"https:\/\/blog.roboadvisor.com.tw\/index.php?rest_route=\/wp\/v2\/posts\/12606\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.roboadvisor.com.tw\/index.php?rest_route=\/wp\/v2\/media\/12613"}],"wp:attachment":[{"href":"https:\/\/blog.roboadvisor.com.tw\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12606"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.roboadvisor.com.tw\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12606"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.roboadvisor.com.tw\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12606"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}