Dimensional targets emissions reductions with two new funds

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 ...