Pension investor's 'huge' climate plan lacks clarity with 'weasel words,' group says

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IMCO was among scores of institutional money managers to announce net-zero by 2050 targets last year, amid mounting pressure to address climate change From jefflagerquist

” when it comes to monitoring the pension industry’s progress on climate goals.

Amid mounting pressure to address climate change, IMCO was among scores of institutional money managers to announce net-zero by 2050 targets last year. The firm, which manages investments independently on behalf of other public pension plans, says energy as a category accounted for four per cent of its portfolio as of Dec. 31, 2021.

 

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