16 major Chinese asset managers hold $36.79bn in high-carbon investments and $74bn in fossil fuels, per Greenpeace.
Major Chinese asset managers hold billions in fossil fuel investments without plans to phase them out, says Greenpeace. Greenpeace's analysis of 16 major Chinese asset managers reveals a combined $36.79bn investment in high-carbon sectors and $74bn in fossil-fuel related areas, with E Fund, China's largest asset manager, investing $40.6bn in high-carbon sectors and $18.9bn in fossil fuels.
June 21, 2024
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