ESG

Investors shouldn’t give up on 1.5°C at COP28, Morningstar’s ESG research boss says

Shifting the goalposts would allow investors to drag their feet on moves towards a greener world

Dubai conference must not 'reduce the sense of urgency,' says Hortense Bioy
Dubai conference must not 'reduce the sense of urgency,' says Hortense Bioy Photo: Alamy

Policymakers and investors shouldn't abandon efforts to limit rising global temperature to 1.5°C when they meet at COP28 later this month, Morningstar's ESG research chief has warned.

Speaking at a roundtable on 9 November, Hortense Bioy, global director of sustainability research, said tweaking the net-zero commitment — originally established under the Paris Agreement — would send the wrong signal at the UN's green summit that kicks off on 30 November.

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