Analysis: Alliance departures are major blow to investors battling climate change

US investment giants have quit Climate Action 100+, and this is a problem for Nordic investors, who depend on powerful allies, writes AMWatch analyst Flemming Højbo. (Updated)
Flemming Højbo writes analyses for AMWatch about the Nordic asset and wealth management sector. Højbo was head of communications in the asset management industry for 15 years, and before that, he worked for 25 years as financial and business reporter and editor. | Photo: Jan Bjarke Mindegaard
Flemming Højbo writes analyses for AMWatch about the Nordic asset and wealth management sector. Højbo was head of communications in the asset management industry for 15 years, and before that, he worked for 25 years as financial and business reporter and editor. | Photo: Jan Bjarke Mindegaard
By Flemming Højbo

Can NATO exist without the USA? It’s hard to imagine, and if the US pulled out, the world’s largest military alliance would be left without the essential superpower. Now, can the world’s largest investor group, Climate Action 100+, exist without the leading US investors? 

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