#1224
overall
Lucie Pinson
An inconvenient truth: How passive investing is blocking climate progress
In recent months, leading asset managers like BlackRock and Amundi have multiplied efforts to boost their climate credentials. From the use of ESG filters to the adoption of fossil fuel exclusion policies and the development of shareholder engagement practices, some have even committed to achieve carbon neutrality. But there is an elephant in the room, an inconvenient truth no one wants to address: what is hidden inside their passive index funds.
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