Dimensional targets emissions reductions with two new funds

Science-led approach

clock • 2 min read

Dimensional Fund Advisors has launched the Emerging Markets Sustainability Core Equity fund and the Global Sustainability Short Fixed Income fund, both using the firm’s overarching sustainability approach to minimise exposure to high-emitting companies.

The funds are said to target meaningful reduction in exposure to companies with high greenhouse gas emissions, as well as potential emissions from fossil fuel reserves. Both funds will also "take into consideration" issues such as child labour, factory farming, and tobacco. Jim Whittington, head of responsible investing at the firm, said: "Many investors are worried about climate change. Dimensional does not rely on ESG ratings, which are often subjective and inconsistent, as the basis for its sustainable strategies." He added that the funds will focus instead on reducing exposure to ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Darius McDermott: What will be the catalyst for real assets?

Darius McDermott: What will be the catalyst for real assets?

Real assets are providing increasingly important in the AI boom

Darius McDermott
clock 07 June 2024 • 4 min read
Cat among the pigeons: Are 'world' indicies really global?

Cat among the pigeons: Are 'world' indicies really global?

When will I see my picture in the paper?

Chris Justham
clock 06 June 2024 • 2 min read
FIF 2024: IFAs 'critical' first link in sustainable investment shift

FIF 2024: IFAs 'critical' first link in sustainable investment shift

Current investment management operating model ‘not fit for purpose’

Jenna Brown
clock 05 June 2024 • 5 min read