Investors four years from climate policy shock

Climate drought forest fire Fotolia 230x150
By Jon Hay
09 Dec 2019

Responsible investors like to think they are helping to advance the fight against climate change. But 13 years after the Principles for Responsible Investment was founded, with $86tr of assets now managed according to them, most investors are still positioned as if the very policies they desire were never going to happen.

Concerted government action to slow climate change still lies in the future, although there are signs of it coming closer. The European Commission launched a European Green Deal this week, while in the UK, pro-climate policies are promised by all major parties contesting the general election on Thursday.

Very ...

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