AMWatch

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.

Read the whole article

Get 14 days free access.

No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

Oil fund 2021 returns almost reach 15 percent

The three last years have been the best in the sovereign wealth fund's history, in NOK terms. CEO Nicolai Tangen and Deputy CEO Trond Grande don't expect the same good times going forward, however.

Further reading

Related articles

Latest news

Jobs

Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch