Reaching net zero, also known as carbon or climate neutrality, on a global basis by 2050 is critical to meeting the Paris Agreement goal of limiting the increase in global temperatures to 1.5 degrees Celsius. Companies can do so by reducing their use of fossil fuels, becoming more efficient, and by offsetting emissions through moves such as funding reforestation efforts.

“Access to capital will increasingly be tied to a company’s ability to reduce its emissions at the rate and scope necessary to align with the Paris goal,” said Danielle Fugere, president of As You Sow, a shareholder advocacy group: Investors have been pushing companies to address climate risk. One force has been Climate Action 100+, an investing group that includes big institutions like BlackRock (BLK) and Pimco, and oversees more than $47 trillion in combined assets. Read Full Article - Barron’s, September 24, 2020