Climate Risks Drive Investors Away From Carbon

Law360, New York (August 14, 2013, 6:07 PM EDT) -- With asset owners and managers increasingly worried about the financial implications of climate change, experts say corporate boards will feel new pressure to start taking low-carbon options more seriously as investors begin to shift away from resources like coal that are closely linked to global warming.

The Global Investor Coalition on Climate Change released a report last week revealing that 53 percent of asset managers either decided to not invest in or pulled out of listed entities because of climate change risks, which include existing and...
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