Project Symbiosis Key Findings on AI and Scope 3 Accounting

This research article presents the findings of Project Symbiosis, a collaboration between the BIS Innovation Hub and HKMA, exploring AI's role in enhancing scope 3 emissions accounting and transition finance. It discusses the challenges of scope 3 emissions, the potential of AI technologies to bridge data gaps, and the development of the Net Emissions Optimiser (NEMO) proof-of-concept. The insights aim to support corporations, SMEs, and the financial sector in achieving climate transition goals.