Dropping portfolio companies and writing extensive exclusion lists is not the way to go if pension companies want to do something good for the climate, Jules van Binbergen, professor at the Wharton School, University of Pennsylvania, argued at pension research center PeRCent's annual conference last week.
"Instead of getting rid of the companies, it is far better to engage with them," he said to conference participants, which included finance professors, students and CIOs.
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