🎯 Anaxis Asset Management is one of the 150 leading companies and investors who have signed the letter urging the European Union to set a greenhouse gas emissions reduction target of at least 90% by 2040.
➡️ It is critical that the European Commission and Member states stand by a robust target. Investors and asset managers are already investing massively in the EU in line with its transition towards climate neutrality. The 90% target would help create certainty and momentum for green transition industries that could bolster European competitiveness, yield economic benefits and create jobs.
➡️ It will enable to direct investment flows in the EU for the development of clean technologies. The global clean technology market is expected to grow by $650 billion annually by 2030, and the value of ‘green industries’ to exceed US$10 trillion by 2050.
🌍 Ultimately, setting a 90% emissions reduction target is a strategic opportunity for the EU, linking climate ambition with energy security, competitiveness, and long-term economic transformation.
🌱 In line with this objective, Anaxis has already reduced the carbon intensity of its portfolios by more than 60% since 2018.
To find out more about Corporate Leaders Groups: https://www.corporateleadersgroup.com/news/business-and-investors-call-eu-set-greenhouse-gas-emissions-reduction-target-least-90-2040
To find out more about Anaxis’ sustainable development policy : https://anaxis-am.com/en/responsible-approach/
