Passive funds pose a major threat to the net zero transition and economic stability

clock • 5 min read

In an era of 'asset manager capitalism', passive funds are undermining fossil fuel divestment progress by propping up polluting industries falling out of favour from active investors, writes Common Wealth's Chris Hayes

"Now or never" were the words chosen by the UN's Intergovernmental Panel on Climate Change (IPCC) in its latest exasperated report, published last week. Among the document's headline warnings was that...

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