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Climate Action 100

  • Why asset managers are leaving climate groups

    Investing

    The UK asset management industry was hit last week with another significant departure from climate-focused organisations, as Baillie Gifford dropped its membership of two ESG groups. The Scottish asset manager left both the Climate Action 100+ group and Net Zero Asset Managers initiative after it became embroiled in a months-long scandal over its sponsorship of [...]

    Baillie Gifford left two climate-focused groups last week.

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