Contrasting approaches of divestment versus engagement between the different funds have attracted both praise and criticism.
Tag : fossil fuels
European insurers lead the industry in having insurance and investment policies put in place to limit exposure to fossil fuels, while US and Asian firms received bottom scores.
Asian investors are favouring engagement over divestment in their ESG journeys as fossil fuels show there's still plenty of power left in the sector.
The Korean state pension fund is pursuing a seemingly muddled strategy, investing in fossil fuel projects even as it says it will implement environmental, social and governance efforts.
The combined impact of tighter regulation and a global push towards renewables could dull returns from high-carbon emitters. Do they still have a place in investors' portfolios?
