Survey finds growing numbers of asset managers are factoring climate risks into investment decisions
The proportion of institutional investors who consider firms' climate change policies when making investment decisions has more than doubled in the past two years, according to a new survey from the Institutional Investors Group in Climate Change (IIGCC).
The IIGCC polled senior executives at the 26 leading financial firms within the group and found that 60 per cent of asset owners asked climate change-related questions when meeting potential investment managers in 2009, compared to just 30 per cent in 2007.
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