Proactive Investors: ESG investing: how to spot greenwashing
Monday, April 05, 2021
“As part of the Paris Agreement, 197 countries agreed that the global temperature could rise by a maximum of 2°C, with 1.5°C as a stretch target, to avoid irreversible damage to the Earth’s ecosystem and the subsequent economic risks.
However, the average temperature rise caused by companies worldwide is about 3°C, according to a study published last year, with only 6% of firms below 2°C and 4% below 1.5°C.
The research was based on 2,686 companies part of the I Care and Arvella’s climate alignment database, Climate SBAM, which included stocks part of MSCI’s flagship global equity index.”Visit External Website Back to the Newsroom