Lawmakers must enforce carbon targets, say Calpers and ex-GPIF CIO
A Calpers investment director and the former CIO of GPIF said policymakers should mandate disclosures and establish carbon emission targets, to embed climate change in investing.
Governments and environmental agencies need to introduce, measure and enforce carbon emission limits on companies if asset owners are to more effectively measure the impact of their investment portfolios and pressurise companies to decrease their pollution.
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