Europe, Knowledge Hub

Asset managers failing to limit fossil fuel expansion – Reclaim Finance

Reclaim Finance found that several asset managers, including Amundi, BNP Paribas Asset Management and UBS Asset Management, showed ‘inconsistent approaches on climate votes’ compared with their public statements on net zero (Photo: Stefan Wermuth/Bloomberg/Fotoware)

An assessment from Reclaim Finance shows asset managers are continuing to vote for investee policies that are not aligned with a 1.5C trajectory

Asset managers are not using their votes to align investee companies with credible 1.5C pathways, according to Reclaim Finance, a Paris-based non-profit, in a report ...

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