How asset managers fit in the 'Just Transition'

An important but limited role

Kathleen Gallagher
clock • 4 min read

Many industry participants and experts see an important role for the investment industry to step up and play a part in the social injustice that is inextricably linked to climate change.

However, that role has limits and Ben Caldecott, director of the UK Centre for Greening Finance and Investment (CGFI), warned it is heavily dependent on the outcome of government negotiations. The ‘Just Transition' has been reiterated an overwhelming number of times at COP26. A global understanding for this term was established by the International Labour Organization in 2015. The agency describes the just transition as a process "towards an environmentally sustainable economy," which "needs to be well managed and contribute to the goals of decent work for all, social inclusion and th...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on ESG

Parmenion adds five funds to its ESG portfolios
ESG

Parmenion adds five funds to its ESG portfolios

To 'enhance diversification and returns'

Sorin Dojan
clock 14 May 2025 • 1 min read
Deep Dive: Green energy could 'thrive' in spite of Trump intensifying clampdown on renewables
ESG

Deep Dive: Green energy could 'thrive' in spite of Trump intensifying clampdown on renewables

Trump 'is not king'

Sorin Dojan
clock 09 May 2025 • 5 min read
RLAM adopts Sustainability Focus label across £11bn portfolio range
ESG

RLAM adopts Sustainability Focus label across £11bn portfolio range

Across a mix of funds and trusts

Cristian Angeloni
clock 23 April 2025 • 1 min read
Trustpilot
Loading page