Institutional Investor (July 7)
2023/ 07/ 08 by jd in Global News
“Large alternative asset managers… have emerged as unlikely leaders of the clean-energy movement. The big alts firms have convinced investors that the transition to a low-carbon era depends on a willingness to plow money into the fossil-fuel companies with some of the worst ESG ratings — and then use part of the profits to transform those polluters into founts of green energy.”
Tags: Alternative asset managers, Big alts, Clean-energy movement, ESG ratings, Fossil fuel, Investors, Low-carbon era, Money, Polluters, Profits, Transition, Unlikely leaders, Willingness