Business - 12/February/2021

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investors are telling companies to abandon carbon-emitting activities or face the consequences of investment being withdrawn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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