Asset managers' responsible investment progress 'stagnating'

Asset managers failing on the climate crisis, says Share Action - portfolio institutional

New research published by responsible investment campaigning group Share Action has revealed, what it says are “alarming failures” by the world’s largest asset managers to respond to the climate crisis. In the fifth edition of Point of No Returns ranks 76 of the largest players in the market, who together control over $80trn (£59bn) assets under management, on whether they meet achievable responsible investment standards. Share Action says that …

Asset managers' responsible investment progress 'stagnating'

ShareAction set 20 attainable standards for asset managers, but 87% of the managers didn’t meet half of them