Understanding Your Bond Portfolio's Carbon Footprint
Transitioning to a net-zero carbon economy is vitally important, and corporate bonds will play a critical role in the transition.
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Transitioning to a net-zero carbon economy is vitally important, and corporate bonds will play a critical role in the transition.
Image: Shutterstock So suggests a new study of 62 businesses carried out for the Transition Pathway Initiative (TPI) by the Grantham Research Institute on Climate Change and the Environment at the London School of Economics. The report also reveals the sector is performing poorly on potential climate lobbying issues compared to other high-emitting sectors – less than a third say they are involved in trade associations that engage with climate-related issues. Despite shipping being judged as the transport sector with the worst ‘management quality’, it is doing well in terms of setting g...