Superannuation fund investment bosses say tough new emissions reporting rules will bolster their push for companies to keep acting to prevent climate change, even as consumer appetite for sustainable investing falls and Donald Trump’s election will likely undermine global pressure to decarbonise.
Even for-profit retail funds, which historically do not drive change on environmental, social and governance issues as much as their member-owned industry rivals, say new climate reporting laws allow them to push companies for more action to meet their own targets.
