Lucie Pinson

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Lucie Pinson is the founder and executive director of Reclaim Finance, a data-driven campaigning NGO which focus on the decarbonisation of financial flows. She received the Goldman Environmental Prize in 2020 for her work against coal financing.

Lucie Pinson

Oct 14 2021

An inconvenient truth: How passive investing is blocking climate progress

Illuminem Voices

Environmental Sustainability · ESG

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.

A wooden table with a typewriter, glasses, notebook, and pen placed on top.

The words 'dream big' written on a black wall

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