S1E91: Driving net zero plans and helping companies decarbonise

Synopsis: Every first and third Monday of the month, The Straits Times analyses the beat of the changing environment, from biodiversity conservation to climate change. In this episode, we look more deeply at the challenges of actually achieving net zero emissions for complex portfolios held by big investment managers and the risks of greenwashing claims by bad actors. What does achieving net zero emissions by 2050, mean for investors and what are the risks and challenges? ST’s climate editor David Fogarty hosts his Paris-based guest Ms Clemence Humeau, head of sustainability, coordination and governance for AXA IM. This episode is brought to you by AXA Investment Managers: https://str.sg/wCpw Highlights (click/tap above): 2:20 Achieving net zero emissions across a broad portfolio of assets isn't easy; 65% of AXA IM's assets under management now committed to be managed in line with net zero in 2050. What does it mean? 4:38 What goes into designing a net zero pathway?  7:10 Risk of being boycotted by the finance sector, or facing downgrades by ratings agencies, for example? 9:03 Greenwashing claims by companies, even some financial sector actors saying they are committed to net-zero emissions but still investing in polluting companies or assets 10:03 Net zero is also about investing in companies which are transitioning and trying to decarbonise their activities 12:30 Why AXA IM will divest eventually, for companies that don't achieve decarbonisation objectives along the way Listen to Pt 1: How insurers and asset managers can drive the green transition - https://str.sg/wFuz More from AXA IM on responsible investing: https://str.sg/wCpi Protecting portfolios against greenwashing: https://str.sg/wCp5 Sustainable Investing: https://str.sg/wCpS Produced by: David Fogarty ([email protected]), Ernest Luis and Hadyu Rahim Edited by: Hadyu Rahim Follow Green Pulse Podcast here and rate us: Channel: https://str.sg/JWaf Apple Podcasts: https://str.sg/JWaY Spotify: https://str.sg/JWag Google Podcasts: https://str.sg/J6EV  Website: http://str.sg/stpodcasts Feedback to: [email protected] Follow David Fogarty on Twitter: https://str.sg/JLM6 Read his stories: https://str.sg/JLMu --- Discover ST's special edition podcasts: The Unsolved Mysteries of South-east Asia: https://str.sg/wuZ2 Stop Scams: https://str.sg/wuZB Singapore's War On Covid: https://str.sg/wuJa Invisible Asia: https://str.sg/wuZn --- Discover more ST podcast series: Asian Insider: https://str.sg/JWa7 Health Check: https://str.sg/JWaN In Your Opinion: https://str.sg/w7Qt Your Money & Career: https://str.sg/wB2m #PopVultures: https://str.sg/JWad ST Sports Talk: https://str.sg/JWRE Bookmark This!: https://str.sg/JWas Lunch With Sumiko: https://str.sg/J6hQ Discover ST Podcasts: http://str.sg/stpodcasts Discover BT Podcasts: https://bt.sg/pcPL Follow our shows then, if you like short, practical podcasts! #greenpulseSee omnystudio.com/listener for privacy information.