Sustainable funds not sustainable

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Sustainable funds not sustainable
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Managers of sustainable funds who claim to care about the climate do not live up to their promises, shows a review by Cristina Cella, employee at the Riksbank.
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According to her review of 122 Swedish equity funds, no significant differences were found between the managers who claim to stand for net zero emissions and other funds. In general, the companies included in the climate funds contribute to a global temperature increase of 2.77 degrees, almost twice as high as the 1.5 degrees that the world agreed upon as a critical point in the Paris Agreement a few years ago. Cristina Cella says, however, that the results are general, that they should be interpreted cautiously and should not be seen as a definitive review of the Swedish fund market.
However, Swedish fund managers are not alone. Previous surveys, including a British one from last year, showed the same thing. Most of the world's largest funds that market themselves as proponents of net zero emissions have shown no desire to stop funding new fossil fuel investments.
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eDN
https://etidning.dn.se/p/dagens-nyheter/2023-04-18/a/hallbara-fonder-inte-hallbara/2357/989279/39411615
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Do you agree?

12 more agrees trigger contact with the recipient

Evangeline Wanjiru
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4 w
These promises should be backed up with signed timelines.
Mc Kaka
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5 w
Empty promises yet climate chnage isn't waiting anyone.. We keep saying people over profits.. Everyday all the day
5
- Patrik Lobergh
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  5 w
  @mc_kaka Greed, ignorance and incompetence is ruling our systems
Daniel Waweru
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5 w
Promises should be kept especially matters climate since climate actions are matters urgency
10