Most money managers ignore climate risk to profit
Jan 06, 2010
- In a survey of asset managers, almost three quarters said they don't take into account global warming when analyzing a company, Ceres, whose investors have $8.5 trillion under management, said today in a report. Almost half said climate change isn't relevant to their investment decisions.
Leading U.S. Companies Offer Praise for Climate Change Agreement in Copenhagen
Dec 18, 2009
- December 18, 2009 – Leading U.S. companies who came to Copenhagen to push for a strong climate deal were encouraged by the agreement announced by President Obama, although it falls short of the binding international treaty they are seeking to ensure a level playing field for companies competing globally in the emerging low-carbon economy.