Putin told to clean up on climate or risk losing investors
Backed into a catch-22 situation on green investing, veteran emerging-market money manager from Swedbank Robur Elena Loven made a public plea to the one man who could help: Vladimir Putin.
By Natasha Doff and Áine Quinn / Bloomberg
Her dilemma is one felt by investors everywhere with pressure mounting to keep pension and insurance money out of companies, and countries, that contribute to global warming. But what do you do if the fund you manage can only invest in a country like Russia, where many listed companies are in the business of digging up and selling fossil fuels?
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