Deep Dive: Global ESG equities set to benefit from energy transition drive

Climate solutions take centre stage

Global ESG equities are set to benefit from strengthened climate policies worldwide, experts told Investment Week, as the energy transition theme continues to rise up the sustainable investing agenda.

With COP27 fast approaching and with most countries yet to announce the promised strengthening of national targets, the unexpected passing of a major climate bill in the US has driven a surge of interest in green energy stocks.  The Inflation Reduction Act, a $700bn sweeping health care, tax and climate bill signed into law by President Joe Biden in August, contains a host of clean energy and health initiatives, paid for by higher corporate taxes and stricter enforcement of the tax code.  Opportunities to capitalise on the rapidly evolving energy transition Anna Moss, senior sustai...