Skip to content

Roberto Tallarita, How Much Can We Trust Index Funds on Climate Change?, ProMarket (Jan. 5, 2022).

Abstract: According to a theory that is gaining support among academics and practitioners, we should expect index fund managers to undertake the role of “climate stewards” and push companies into reducing their carbon footprint. In a new paper, Roberto Tallarita shows the limits of this theory and suggests that policymakers should not rely on index fund stewardship as a substitute for traditional climate regulation.