Business
AGL’s plight rams home $1.7trn fundie’s climate warning – The Australian Financial Review
AGL shows that while the climate conversation is focused on 2050, impacts are hitting share prices today. Asset manager PGIM says investors need to act.
As an investor you want to be on the right side of that, he says.
To PGIMs credit, its research on the impact of climate change which drew on the insights of its own investors, 30 policymakers, scientists and climate change investors; and a new proprietary survey of 100 global institutional investors actually provides practical examples of where investor portfolios could be exposed.
In fixed income, for example, investors should be considering a nations vulnerability to climate change and its long-term…
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