It is time for asset managers to step up on net zero

Corporations not doing enough

clock • 4 min read

The recent COP27 summit raised worrying concerns that we currently have “no credible pathway” to limiting global warming to 1.5°C, making it clear that it is time that governments and corporations alike need to do better to tackle the climate crisis.

Facing this crisis, pension schemes and asset managers have a unique and urgent opportunity to influence how global corporations address the climate emergency. But they need to step up, drive real world emissions reductions, better represent the views of their increasingly climate conscious members, and help protect investments against long term climate risk. In spring 2022, Make My Money Matter and Tulipshare joined campaigners and activist investors from around the world to highlight investor power at the ballot box during the AGM season. The power to reduce emissions, protect natur...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on ESG

Neil Brown (pictured), is co-portfolio manager of the PGIM Jennison Carbon Solutions Equity fund
ESG

PGIM: Why today's narrow approach to decarbonisation is flawed

Dive deeper into solutions

Neil Brown
clock 05 January 2024 • 5 min read
The industry group praised the transparency introduced by SFDR, but said the de facto labelling regime had 'stretched it beyond its original intentions and not always been helpful'.
ESG

EFAMA calls for major reforms to SFDR labelling regime

SFDR has 'not always been helpful'

Elliot Gulliver-Needham
clock 22 December 2023 • 2 min read
The board of AERI noted this morning’s statement and confirmed the 'unsolicited proposals'.
ESG

Octopus Renewables trust makes bid for Aquila European Renewables

Multiple attempts over 2023

James Baxter-Derrington
clock 22 December 2023 • 2 min read
Trustpilot