Mubadala and Cofides raise focus on carbon reporting

Sovereign wealth funds are increasingly taking a front foot in global efforts to measure and ultimately reduce carbon emissions, working with portfolio companies to provide better information and incentivise them to reduce their pollution. Two of the most committed are Abu Dhabi's Mubadala Investment Company and Cofides of Spain.  The need to tackle climate change is rapidly intensifying. The US's Securities and Exchange Commission announced on March 15 various efforts to highligh…