💨 Abstract

British asset manager Sarasin & Partners has sold its stake in Equinor, a Norwegian oil and gas company, due to the company's failure to align its strategy with global warming goals set by the Paris Agreement. Despite initially seeing Equinor as a potential leader in the energy transition, Sarasin was disappointed with the company's lack of progress in revising its strategy to meet the agreed temperature increase limits.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖