Money Managers Pledge to Hit Net Zero. Now the Hard Part

In the past week, Macquarie Asset Management, the New York State Common Retirement Fund and a group of 30 fund management companies have come out with statements saying they’re serious about getting the world to net-zero emissions.

The announcements are welcome news, but now comes the hard part: How will all these investment firms and pension plans put their words into action, and how long will it take?