Fund managers worth $10.2tr urge oil firms to align with Paris Agreement goals

Michael Holder
clock • 5 min read

Shock survey of leading fund managers responsible for $10.2tr of assets reveal large majority want oil majors to adopt Paris Agreement-compliant strategies

Oil companies will cease to be attractive investments unless they quickly adopt low carbon business models that support the Paris Agreement's climate targets, new findings from a major survey of 39 fund...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Investment

Scottish government proposes increase in renewables projects' community benefit funds

Scottish government proposes increase in renewables projects' community benefit funds

New proposals published by Scottish government aim to increase funding that communities near onshore renewable projects receive

clock 19 February 2026 • 3 min read
Study: Renewables tipped to emerge as 'clear economic winner' over fossil gas by 2029 in UK

Study: Renewables tipped to emerge as 'clear economic winner' over fossil gas by 2029 in UK

REA analysis shows renewables set to deliver net economic advantage for the UK from 2028 to 2029 compared to most costly power system that remains reliant on fossil gas imports

clock 17 February 2026 • 4 min read
Octopus Energy Generation plots $1bn-worth of California clean tech investments

Octopus Energy Generation plots $1bn-worth of California clean tech investments

Announcement comes as UK government strikes fresh agreement to deepen clean energy cooperation and investment with the US state

Michael Holder
clock 16 February 2026 • 4 min read