Divestment will not save the planet

Divestment will not save the planet
Simon O’Connor, the chief executive of the Responsible Investment Association Australasia. (Image: Supplied)
Greg Hurrell
Divestment will not resolve climate change and investors need to sit at the table and force that shift in business practices, a gathering of investors and fund managers heard.Simon O’Connor, the chief executive of the Responsible Investment Association Australasia (RIAA), addressed the association’s annual conference in Auckland on Wednesday.The RIAA launched a new industry-led stewardship code at the conference, with seven founding members including the NZ Super Fund. O’Connor said change would not be brought about by wa...

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