Euan Munro is being characteristically blunt. On a rainy afternoon in London, the chief executive of Newton Investment Management is explaining to Euromoney how the most impactful thing investors can do for the environment is to help ‘brown’ companies become green.
“Not engaging with brown companies is maybe going to make your portfolio look a bit more virtuous,” he says. “But you’re fooling yourself if you think you’ve changed the world.
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