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Most Passive Funds Labeled ESG Are Financing Oil, Gas Expansion

More than two-thirds of passive funds marketed as sustainable are helping finance growth in the fossil-fuel industry, a trajectory that the International Energy Agency has said is incompatible with limiting global warming to the critical threshold of


  • Mar 20 2024
  • 176
  • 4935 Views
Most Passive Funds Labeled ESG Are Financing Oil, Gas Expansion
Most Passive Funds Labeled ESG Are Financing Oil, Gas Expansion
(Bloomberg) — More than two-thirds of passive funds marketed as sustainable are helping finance growth in the fossil-fuel industry, a trajectory that the International Energy Agency has said is incompatible with limiting global warming to the critical threshold of 1.5C. Read More

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