Anthropocene Fixed Income Institute

As much as we applaud PFA's engagement  (together with Folksam and Ilmarinen) with Enbridge over the Dakota Access pipeline water management, we think their position as the second biggest international lender to the Province of Alberta - home of 75% of the world's tar sands - is a more urgent issue. Some of PFA's other fixed income/lending decisions are also surprising for someone claiming climate alingment targets. 

(6 March 2021)

FT story here: https://www.ft.com/content/88b07cc1-544b-472e-b399-b11a029046cc