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EMEA

UK AOs Probe Misalignment After Failed Fossil Fuel Votes

Assets owners aim to address “obstacles and challenges” to climate stewardship alignment to accelerate decarbonisation efforts.

UK asset owners are investigating the extent of and reasons for stewardship misalignment with asset managers following a “challenging” AGM season that saw oil and gas majors backtrack on their net zero commitments. “There seems to be a misalignment between the way asset managers and the asset owner community were…

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