Stay or sell? The $110tn investment industry gets tougher on climate
A stricter approach to climate change must become mainstream. With potentially huge ramifications for businesses worldwide, a growing number of traditional investment companies are taking a firmer stance with companies over global warming. The shift comes due to increasing pressure from clients, regulators and the general public to use their power as shareholders to police climate change efforts. Attracta Mooney examines how asset managers are taking action on emissions, including backing greener companies and utilising tools such as divestment.
From Financial Times