(MENAFN- ValueWalk) What the activism world is talking about
ValueAct Capital has turned its focus to climate concerns with its latest target, making it the most recent activist to explore environmental, social, and governance (ESG) issues. Jeff Ubben's firm announced the launch of a new fund focused on ESG goals, and recently revealed a stake in utility firm AES, where it seeks to help the company decrease its debt and move away from fossil fuels. Ubben was appointed to the company's board and is supportive of AES' plan to increase its focus on renewable energy sources.
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