Australian Fund: Coal Exclusions Won’t Make a Difference to Net Zero Efforts ...Middle East

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Australian Fund: Coal Exclusions Won’t Make a Difference to Net Zero Efforts
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Pension and investment funds dropping coal companies from their portfolios will not make a difference for the world’s efforts to get to net zero, the chief investment officer of a large Australian pension fund told Bloomberg on Tuesday.   “We don’t think exclusions make any difference in practice to getting to net zero,” Michael Wyrsch, Chief Investment Officer at Australia’s Vision Super Pty, told Bloomberg in an interview. “We don’t see it as a victory, us holding a net zero portfolio while…

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