(Monday 11th November) Commenting on the opening of COP29 in Baku, Azerbaijan, Simon Rawson, Deputy CEO at ShareAction, said: "As world leaders gather in Baku for COP29, we are running out of time to shift our economies off fossil fuels towards a safer future.

"There can be no doubt that the finance sector is critical to driving our economic transition to net zero, yet it continues to pour money into harmful high-carbon activities while failing to do enough to support industries to decarbonise and invest in green energy and infrastructure.

"Instead of asset managers successfully stewarding companies to transition at the pace required, too often we see greenwashing and finger pointing. Alongside calling on policymakers for robust regulation, investors need to be doing far more to protect people and our natural world. We can't afford to wait."