Seeking Climate Justice in the Financial Sector: Interpreting the fiduciary duty of Estonian pension funds based on their contribution to reinforcing/tackling climate change
Climate change – considered as the most acute risk to our planet – is mostly fuelled by the oper-ations of influential corporates who are financially supported by financial institutions, which have traditionally specialised on profit-maximisation and neglected climate risks in investment processes. However, considering economy’s increasing financialisation and the growing science behind the financ