Investment Funds Set Goals to Cut Emissions of Portfolio Holdings
Some of the biggest pension and investment funds in the world have announced a new goal to cut the emissions of their portfolio holdings by 25% by 2025. The group of 29 includes Allianz and the California Public Employees Retirement System and is following in the footsteps of many recent announcements of this kind across the financial services industry. Part of the reason for this wave of commitments is the urgency of taking action - as global greenhouse emissions need...
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