These companies show how they protect the climate

Munich This Sunday marks the 50th anniversary of the United Nations Environment Conference. At that time, more than 1000 representatives from 113 countries met in Stockholm to work together on the environment and nature conservation across borders. The day is considered a milestone in global environmental policy. To commemorate this conference, June 5th was declared World Environment Day.

50 years later, however, the results are sobering: “It’s getting close to averting the really big climate catastrophe,” wrote the Intergovernmental Panel on Climate Change last summer. Have we been dreaming or looking the other way for five decades? Or has the urgency to act been ignored because there are no sanction mechanisms?

With the adoption of the EU action plan, the industry has become aware that sustainability can no longer be ignored. With this, a “niche topic” from boutiques became “mainstream” with large asset managers. Meanwhile, large market participants find themselves in a difficult situation of promises, breaches of promise and the threat of sanctions.