Asia fund industry lagging on climate risk awareness
If asset managers and owners in Asia are to incorporate climate risk into their investment modelling processes, they will need more regulatory certainty on the issue, say consultants.
Most of the world's largest investment managers are not factoring climate-related trends into their investment decision-making, concludes a report published last week by Boston-based research firm Ceres. The findings appear to reflect the situation in Asia, according to investment consultants at Mercer and Watson Wyatt.
Mercer has been working on climate change-related projects with the International Finance Corporation (the private-sector arm for the World Bank), for example. As a r…
Please sign in or register
for free access to 1 article per month from AsianInvestor’s content and archives of over 16,000 articles.
¬ Haymarket Media Limited. All rights reserved.