Ilmarinen: Polluters should be made to pay for their emissions

The emissions trade will inevitably be reflected in return expectations, but it will also create opportunities for the firms that aim to reduce emissions, says Head of Responsible Investments at Finnish pension company Ilmarinen.

Anna Hyrske, Head of Responsible Investments at Ilmarine. | Photo: Ilmarinen/PR

From an investor's point of view, it is important that an agreement is reached on carbon pricing and emissions trading rules, which would make those who pollute pay for their emissions, says Anna Hyrske, Head of Responsible Investments at Finnish mutual pension insurance company Ilmarinen.

The UN Climate Change Summit, the COP25, ended in Madrid in December without decisions being made on how to use market mechanisms to reduce emissions, the last of the important points of the 2015 Paris Agreement. Reporting requirements for transparency and the so-called common timeframes for climate pledges were all postponed to the COP26 summit, which will take place in Glasgow in 2020.

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