BPI's Portuguese selector Teixeira on fossil fuels exposure: exclusion doesn't work

The European Commission released its anticipated European Green Deal on Wednesday, laying out 50 policies to be implemented over the next three years that would renew rules and regulations aimed at helping to achieve set climate goals. The Commission, led by Ursula von der Leyen, also wants to cut emissions by 50 to 55% in 2030, up from the current target of 40%. In this context, with the European Union seeking to become the first big economic bloc to reach zero carbon emissions by 2050, but balanced against the pending flotation of part of Saudi Aramco, buy side professionals ponder ...