Time to invest in climate policy


Latestinternationalnews

Uploaded on Jun 1, 2021

The future belongs to carbon-neutral companies; let’s get started soon, Three recent events may portend the climate future for companies around the globe. A court in Netherlands ordered the oil giant Shell to reduce its CO2 emissions and those of its suppliers by 45 per cent by 2030 as compared to the 2019 levels - in line with the Paris Climate Agreement. In the USA, a small hedge fund, receiving support from key investors, was successful in seating two of its nominees on the board of Exxon Mobil Corp. The hedge fund, Engine No. 1 was pushing for a revised business strategy to address climate change.

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