I can only find news articles about this, not a release from IIGCC itself, but financial risk is clearly at least part of their rationale: > Bruce Duguid, head

I can only find news articles about this, not a release from IIGCC itself, but financial risk is clearly at least part of their rationale: > Bruce Duguid, head of stewardship at Federated Hermes’ EOS division, said there was a need for “dramatic shifts” in bank financing in order to meet the Paris goals and “avoid the looming systemic risk of a ‘carbon crunch’ hitting their balance sheets”. It seems pretty straightforward that investing in something that violates a global UN agreement is not a financially sound decision.