Mercer advocates massive institutional shift to climate sensitive assets
A major new study by consulting firm Mercer in collaboration with a group of 14 leading global investors with around $2trn (€1.37trn) in assets has recommended that institutional investors shift up to 40% of their assets into “climate sensitive” assets in order to mitigate environmental costs, which it says could increase portfolio risk by 10% over the next 20 years.
Read more at: http://www.responsible-investor.com/home/article/mercer_sees_massive_institutional_investor_shift
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