ESG Investment Giants Target Private Market for Greater Emission - GuruFocus

Summary

The article discusses how investment groups managing $9.5 trillion are advocating for greater accountability in privates markets concerning climate change. The Net Zero Asset Owner Alliance, including CalPERS and others, is pushing for more transparent and stringent emissions reductions, avoiding carbon offsets. The demand is driven by the increase in private fossil-fuel investments and the need for consistent sustainability reporting like CSRD to address the challenges of transparency and engagement with the private sector.