They manage USD 310 billion, and they want new carbon pricing rules
Three of the biggest asset managers in Sweden have started a campaign to force listed companies to back up their carbon-emissions claims with a lot more data.
BY LOVE LIMAN/ BLOOMBERG
Alecta, Folksam and Robur Asset Management, which together oversee about EUR 273bn (USD 310bn), want Nasdaq OMX Nordic to set new rules for the companies that trade on the exchange. Firms should be forced to show how they calculate the future cost of carbon emissions, they argue, pointing to significant inconsistencies in current methods that make it virtually impossible for investors to know what they’re buying.
Already a subscriber?Log in here
Read the whole article
Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
