Funds ignore risk as the chance investor trillions

M

ost everything in life as we know and understand it can be reduced to its dollar value.

Climate change is no different and in fact what faces humanity has been worsened by the fact that we live in a world driven by the “profit” ideology.

And now RenewEconomy tells us that many of those who should be interested are not displaying any concerns.

In story headed, “Climate negligence, inertia risking investor trillions” it says,

“Nearly half of the world’s biggest investment funds – including some of Australia’s major asset owners – were failing to protect their portfolios from climate change and associated environmental risk, a new report has found.”