Less than a quarter of the 500 biggest asset managers have set goals to use their investments to achieve net zero emissions, research by NN Investment Partners suggests.
According to the report, some 24% of the asset managers are allocating capital in way that would meet net zero targets. By using natural language processing analysis of over 10,000 responsible investment publications, NNIP found that climate has "leapt up" the agenda for the world's largest 500 asset managers. Asset managers mentioned C02 emissions in 33% of their ESG-related publications this year, compared to just 6% in 2016. Out of all the publications, 150,000 paragraphs discuss ESG topics. At the time being, however, the focus is mainly on setting mid-term goals for the propor...
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