Only 30 of Europe’s 100 biggest investors, mainly made up of pension funds, insurance companies and the sovereign wealth funds of five countries (Denmark, Netherlands, Sweden, Finland and Norway) have already implemented changes to bring their public equity portfolio more into line with the Paris climate agreement but many are still investing too heavily in coal, states a report published by WWF on 4 July.
“Ensuring capital is invested in companies that contribute to a climate-safe...