
Asset Owners With $9.5 Trillion Call for Stopping Deforestation
The Net-Zero Asset Owner Alliance, whose signatories include Allianz SE and the California Public Employees' Retirement System, said in a report published Wednesday that investors should ensure they have a firm grasp of their exposure to deforestation and take steps to 'phase out' any harms to forests stemming from their investments in commodities such as beef, cocoa and palm oil by 2030.
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