Australia's NGS Super pledges carbon-neutral portfolio by 2030
NGS' goal to become carbon neutral by 2030 may seem ambitious but the fund said the more common 2050 target won't avoid bad outcomes.
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NGS' goal to become carbon neutral by 2030 may seem ambitious but the fund said the more common 2050 target won't avoid bad outcomes.
NGS Super has pledged to become carbon-neutral by the end of the decade, warning the 2050 goal a number of its rivals have sworn to is “misaligned” with science.
'Nonsense': Top fund managers say insurers can withstand climate risks We’re sorry, this service is currently unavailable. Please try again later. Dismiss Normal text size Advertisement Two of the country's most respected fund managers – Allen Gray managing director Simon Mawhinney and IML 's Anton Tagliaferro – have dismissed claims insurers are becoming un-investable due to growing risks of natural disasters caused by climate change. Mr Mawhinney said banks and buy now pay later stocks posed a higher risk than insurers because they are highly leveraged and face greater regulatory chal...