US fund groups have larger carbon footprints than European peers
American firms also committing lower initial percentage of AUM to net zero
NZAM
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HSBC AM to ‘walk away’ from heavy emitters in coal phase-out
Firm to have moved out of coal globally by 2040
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RLAM Q&A: Net-zero initiatives need a clear message for policymakers
Head of engagement says lack of data, inconsistent modelling and uncertain policy remain challenges to decarbonising
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Asset managers publish interim net-zero targets
NGOs say allowing targets to be set on a subset of AUM is roadblock to halving emissions by 2030.