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He sees red when banks extend non-green loans
Financial establishment critic rallies investors to force lenders to drop anti-climate activities
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Mr Ulf Erlandsson's bond vigilantism involves public shaming, typically on social media, and back-door diplomacy. Tapping contacts established over years of buying and selling bonds, he cajoles investors and lenders to exit planet-warming positions. And he is open to enlisting the support of lawyers, other non-profit groups and journalists.
PHOTO: BLOOMBERG
Mr Ulf Erlandsson is not your typical climate campaigner: He prefers the trading desk to the picket line.
He pushed Amundi, Europe's largest asset manager, into divesting bonds in an Indian bank that was financing a coal mine, shamed HSBC Holdings for failing to hold that same bank to account, and pressured a Japanese lender to stop funding coal power.
