Mining and oil companies present some of the toughest challenges for ESG investors. With climate change top of the agenda after the UN Climate Action Summit in New York in September, companies that are actively contributing to greenhouse gas emissions are on the back foot.
Firms such as Exxon Mobil and BHP, some of the largest in the world by market capitalisation, may be spending heavily to promote the idea that they are moving towards a sustainable future, but they are struggling to convince a sceptical public.
https://www.morningstar.co.uk/uk/news/1 ... ments.aspx