Half of leading investors ignoring climate change : study | Reuters

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  • Half of leading investors ignoring climate change: study
    http://www.reuters.com/article/us-climatechange-investors-idUSKCN0XS1NO

    Almost half of the world’s top 500 investors are doing nothing to address climate change through their investments, a study showed on Monday.

    A report by the Asset Owners Disclosure Project (AODP), a not-for-profit organization aimed at improving the management of climate change, found that just under a fifth of the top investors - or 97 managing a total of $9.4 trillion in assets - were taking tangible steps to mitigate global warming

    These include investing in low polluting assets or encouraging the companies they invest in to be greener.

    A further 157 investors managing a total of $14.2 trillion were taking “first steps” towards addressing climate change, while 246 managing $14 trillion were doing nothing at all, the report said.

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