Investors in air polluting sectors and companies should brace for lower returns amid greater government intervention to clean up air quality, according to Morningstar.
Non-greenhouse gas air emissions is a topic currently flying under the radar in sustainability dialogues, but one set to attract international health body focus, it warned. As the biggest emitters, shipping, steel, power generation and construction materials are the most exposed industries, the research found. Over 90% of fast food emissions hidden in Scope 3 Poor air quality due to non-greenhouse gases caused by these industries is primarily a public health issue. As a result, policymakers are likely to take greater action to curb the negative societal and environmental outcomes ...
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