Following their analysis, they found that the companies that could play a decisive role in helping de-carbonize the future are US-based investment advisors Blackrock, Vanguard Group, State Street Corp., Dimensional Fund Advisors, Fidelity Investments, Capital Group Company, together with India’s State Government and Life Insurance Corporation, as well as the Kingdom of Saudi Arabia and Norway’s Norges Bank.
Other players in the top 20 include America’s JPMorgan Chase & Co., Citigroup Inc., HDFC Asset Management, Geode Capital Management and the Bank of New York Mellon, India’s Adani, Gautam S., the Russian Federation and China’s Shaanxi Coal & Chemical.
“This shows us that both investors and governments can be at the forefront of change if citizens and clients urge them to de-carbonize,” Truzaar Dordi, lead researcher from the University of Waterloo, said in a media statement. “A concentrated number of investors…
