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Investors vulnerable to ‘slow burning’ climate risk – InvestorDaily – InvestorDaily

Most investors believe that climate change will reshape the world – but less than half are actually doing anything to prepare for it.   Nearly 90 per cent of global…

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Nearly 90 per cent of global investors believe climate change is important but 40 per cent have yet to incorporate it into their investment process, according to new research from PGIM.
The humanitarian and economic catastrophe unleashed by COVID-19 revealed investors vulnerability to slow-burning risks with unpredictable timing, said PGIM chief operating officer Taimur Hyat. 
Climate change is the next crisis that will radically reshape investors risks and opportunities. Investors that take action…

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