Fund managers with $9trn in assets make net zero carbon pledge

Initiative seeks to hit target-based net zero goal by 2050

Pedro Gonçalves
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The net zero pledge comes shortly before the five-year anniversary of the Paris agreement
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The net zero pledge comes shortly before the five-year anniversary of the Paris agreement

Thirty of the world's largest investors, managing assets worth over $9trn, have set a goal of achieving net zero carbon emissions across their investment portfolios by 2050 as part of the fight to contain the climate crisis.

Fidelity International, Legal & General Investment Management, Schroders, UBS Asset Management, M&G, Wellington Management and DWS are among the signatories to a pledge that they will aim for all companies...

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