‘What about zero?’ asks Dr Quintin Rayer, Head of Ethical Investing at P1
P1 Investment Management has a strong commitment to ethical and sustainable investing and provides a managed portfolio service. One area of concern is investor response to climate change – better described as global warming, which over 97% of peer-reviewed scientific papers agree is primarily caused by human activities generating greenhouse gas emissions, mainly carbon -dioxide
When P1 asks ethical and sustainable fund managers about the carbon dioxide emissions of their holdings, many are exploring reductions, and some are divested so that their portfolios are fossil-free. However, almost no fund managers challenge company managers on how they are going to develop a strategy to get to zero net carbon emissions. Yet this will be essential if global warming is to be contained. So here is a challenge from P1 to ethical and sustainable fund managers – for all your holdings – encourage company management to develop strategies to achieve carbon-neutrality.
Q G Rayer (2018), ‘What about zero?’ asks Dr Quintin Rayer, Head of Ethical Investing at P1, CISI, The Review, p11, 20th December 2018, Q4 2018.