Compromise often comes with negative connotations; it can imply not aiming high enough or settling for less. But for Hans Stoter, global head of AXA Investment Managers, it’s how change will be achieved when it comes to the climate crisis.
At the time of writing, it’s the first day of the World Climate Summit Investment COP and I’ve sat down with Stoter and AXA IM executive chair Marco Morelli in a room off the bustling foyer. Both have been speaking at the event – in Morelli’s case to unveil AXA IM’s new climate commitments.
From April 2022, the firm will look at holdings as either climate leaders, transition leaders or climate laggards, with the commitment to divest from the latter if their net-zero transition plans are not up to scratch.
Watch the video interview with AXA IM executive chair, Marco Morelli, here.