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Divestment from fossil fuels is accelerating around the world. Besides dozens of universities (including Harvard and the University of Toronto), the divestment list now includes France’s Banque Postale, the State of New York, and Europe’s largest pension, ABP. The markets alone cannot ensure this happens in a fast and equitable way.
Do they divest so the poorly performing assets are no longer on their books? There are “better and better tools” to help investors measure the energy efficiency and decarbonisation of their real estate assets, said WBCSD’s Hunziker, but it is difficult for investors to know how to act on the data. . “Do Hunziker said. .
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