(Harvest) Six years ago, Mats Andersson, the overseer of one of Sweden’s largest pension funds, made a gutsy investment decision: He initiated a “massive purge” of polluters from his fund’s $40 billion portfolio. That meant no more coal and gas operators. And no more companies with excessive carbon emissions. Andersson’s pension fund, AP4, was officially out of the dirty energy business: By the end of the purge, more than half of AP4’s portfolio was redistributed.
Why Pension Funds and Institutional Investors Should Embrace Green Disruption
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