Stefano Valentino is an Italian freelance journalist based in Brussels. He writes for various Italian media, including Panorama, La Repubblica and Il Sole 24 Ore. In 2006, he was honoured by Citigroup with the award for excellence in financial journalism. In 2008 he founded the NGO Reporters for an interactive, cooperative and specialised information. He is responsible for the Investigation department at Voxeurop.
Despite having pledged to reach net-zero emissions, major members of Net Zero Asset Managers hold billions of dollars' worth of fossil-fuel stocks, including those in “carbon bomb” projects, while marketing their funds as green and sustainable.
Despite claiming a commitment to sustainability, the world's largest investment fund continues to invest heavily in fossil fuels through its “green” funds — prompting accusations of greenwashing.
While promoting “Paris-aligned” green investing, JP Morgan's “green” funds have funneled over $4 billion to the fossil-fuel majors, betraying the firm’s promises and undermining efforts to achieve net zero.
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