Climate laggards need to make double the carbon cuts – MSCI

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When an asset manager starts cutting portfolio emissions can make a huge difference to how much disruption it faces on the path to meeting its net-zero commitments, according to analysis conducted on behalf of Risk.net by MSCI, the index compiler.

Fund groups that put off emission cuts until 2025 will need to reduce the carbon footprints of their portfolios by 14% every year to reach net zero by 2050. Asset managers that began cutting emissions last year, however, need only reduce their

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