Does Your Money Manager Worry About Climate Change Risk? The Odds Are 50-50
Jan 07, 2010
- Most money managers overseeing trillions of dollars in investments are ignoring many risks that climate change poses to the assets they operate for corporations, governments and other institutions, according to a new analysis.
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.