Investors don't want to invest in polluting industries

International investors eschew climate-damaging assets. Some players are explicitly saying that fossil fuels will no longer be seen as sustainable investments.

€ 800 billion SWF Norway bases its investments on ethical principles. The rules prohibit, among others, investing in companies that commit serious human rights violations, that exploit child labor or the manufacture of tobacco products. Climate and environment play a role in investment decisions.

The manager of the world's largest assets, BlackRock, has warned investors to rethink their energy investments. BlackRock assumes that extreme weather events tend to accumulate in the future due to climate change, and therefore governments will be forced to resort to extreme measures.

While global climate change is well covered in the media, few concrete steps are taken by investors and governments. “Investors can no longer ignore climate change,” said the director of BlackRock.

BlackRock recommends considering the consumption of fossil fuels, water and carbon dioxide emissions from metallurgical and other companies when discussing investment purposes. In addition, there will be an increase in prices per ton of carbon dioxide removed, which will encourage companies to pursue a more sustainable economic model.