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State Street, Ninety One CEOs: Defunding polluters is not the path to net zero

We need to realise that transition plans will have to fund high-emitters with the power to transform ESG

Two of asset management's biggest names are challenging the conventional wisdom on ESG, arguing that defunding high-emitting sectors is counterproductive
Two of asset management's biggest names are challenging the conventional wisdom on ESG, arguing that defunding high-emitting sectors is counterproductive Photo: Getty Images

Ron O'Hanley is chief executive of State Street and Hendrik du Toit is chief executive of NinetyOne

Today, more investors and companies are recognising the urgent need to cut global greenhouse gas emissions.

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