The Anonymous Widower

Schroders Unveils Global Energy Transition Fund

The title of this post, is the same as that of this article on Investment Europe.

This is the first paragraph.

Schroders has launched global energy transition fund in order to harness the global shift towards a low carbon energy system and meeting growing client demand for actively-managed exposure to this fast-evolving and ground-breaking sector.

Read the rest of the article  about their new fund.

I pick out this paragraph, that defines the strategy.

The strategy will not invest in companies with exposure to nuclear or fossil fuels. It will harness three significant global trends; the decarbonisation of power generation, the electrification of energy use and increased energy efficiency for its investment process.

This is the first sentence in the Wikipedia entry for Shroders.

Schroders plc is a British multinational asset management company, founded in 1804. The company employs over 5,000 people worldwide in 32 different countries around Europe, America, Asia, Africa and the Middle East. Headquartered in the City of London, it is traded on the London Stock Exchange and is a constituent of the FTSE 100 Index.

I think that launch of this global energy transition fund by one of the City of London’s most respected institutions, will eventually be one of many similsr and related funds launched by companies and institutions and that these funds will play a big part in decarbonisation of the planet.

Investment from the big boys is going green.

July 22, 2019 - Posted by AnonW | World | Energy, Global Warming/Zero-Carbon, Green Energy Fund