Eric Maugendre about carbonFeb 7, 2025

@energyecon @economics 🧡

Assets owners "can push for the acknowledgement of systemic climate risks by asset managers, and influence managers to improve their climate practices. Reclaim Finance has analysed how asset owners engage asset managers, and offers an overview of best practices that can be replicated."
https://reclaimfinance.org/site/en/2025/02/05/asset-managers-how-their-clients-encourage-them-to-take-action-for-the-climate/

#greenCapitalism #funds #assetManagement #greenFinance #finance #greenTransition #investing #investment #oilRisk #strandedAssets #footprint #CO2 #carbon #industry

Asset managers: How their clients encourage them to take action for the climate - Reclaim Finance

At a time of climate emergency, most of the practices of asset managers are still not aligned with climate science.

Reclaim Finance
Show threadEric Maugendre about carbonFeb 3, 2025

@energyecon @economics-that-works 🧡

In November 2024, BNP Paribas AM became the first major asset manager in the world to end its purchases of bonds issued on the primary market by certain companies in the oil & gas sector: https://reclaimfinance.org/site/en/2025/01/28/the-impact-of-bnp-paribas-ams-revised-investment-policy/

#bonds #banking #assetManagement #greenFinance #oilAndGas #energy #banks #finance #Europe #EU #carbon #transition #greenTransition #energyTransition #economy #investing #investment #France #oilRisk #strandedAssets #emissions #markets

The impact of BNP Paribas AM's revised investment policy - Reclaim Finance

BNP Paribas AM became the first major asset manager in the world to end its purchases of bonds issued on the primary market by certain companies in the oil & gas sector.

Reclaim Finance