Schroders analysis implies falling oil and gas production is offset by lower investment in clean technologies, leaving the climate dashboard pointing to a 4.1° rise.
Examining companies without considering the social and environmental backdrop that will define future leadership is becoming increasingly untenable.
Our experts believe that dialogue with individual companies about their plans will be more effective than divesting from the industry completely.
In December 2016 the City of Portland, finding itself subject to criticism about individual holdings, decided to divest totally from equities and bonds in favour of “uncontroversial” assets such as sovereign bonds. This move may be less socially progressive than it first appears.
The 23rd UN Climate Conference (COP23) in Bonn showed that the world needs to seriously accelerate efforts to counter climate change.