Investors muscle up and pile on green pressure
Companies involved in activities that carry high climate-related, financial and reputational risks can no longer be certain of securing funds. Investors today have a choice. Green energy has become a comparatively better bet, with a lower risk profile and demonstrably higher returns. Companies can either realign their business strategies or watch institutional investors walk away
Increasingly conscious of the risks of climate change, investors are telling companies to abandon carbon-emitting activities or face the consequences of investment being withdrawn
DIVESTMENT Institutional investors are pulling funding from companies that fail to align their activities with climate change mitigation
INVESTMENT Goldman Sachs expects renewable power projects to become the largest area of institutional energy spending in 2021, surpassing oil and gas
KEY QUOTE Renewable energy investments are delivering massively better returns than fossil fuels in the United States, the UK and Europe ...
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