Reported 8 months ago
Vision Super Pty., managing a A$14 billion portfolio, argues that excluding the coal industry will not help achieve net zero emissions, stating that such exclusions actually hinder the transition to a low-carbon economy. The fund is part of a global trend where investors are reevaluating fossil-fuel restrictions and implementing new emissions targets for their portfolios, emphasizing the need to incentivize correct behaviors rather than solely focusing on alignment to net-zero goals.
Source: YAHOO