Preparing for change
Replacing fossil fuels with clean energy is a key element in limiting climate change. Disclosures on the strategy that electric utilities have for this is particularly important, as they are at the forefront of the energy transition.
To try to define best practices and raise levels of knowledge about the issue, Robeco and Lyxor Asset Management have assessed the climate-related disclosures of nine US and European electric utilities with the largest carbon footprints.
Their findings have been published in a report entitled ‘Are electric utilities’ governance and strategies fit for the energy transition?’ The analysis will allow investors to identify best practices on climate-related disclosures in the utilities sector, which can support future engagement activities.