Investment

Investors exit climate group amid politicisation

Climate Action 100+ (CA100+) has lost two more asset managers; Allspring and AllianceBernstein decided to leave in May. The high-profile withdrawals have been pinned to heavy politicisation of ESG.

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Read more: AllianceBernsteinAllspringClimate Action 100+IGCCBlackrockCalPRSCalSTRSChurch of England Pensions BoardInvescoJ.P. MorganNew York State Common Retirement FundNippon Life Insurance CompanyPimcoState Street