Are Institutional Investors Taking Stock of Climate Change?

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Climate change, including global warming and an increased risk of extreme weather events, from heatwaves to storms and floods, is widely considered one of the greatest existential threats facing humankind. Over the last decade and a half, perhaps recognising the influence exerted by financial markets in shaping business behaviours, environmentalists have accelerated their efforts in recommending responsible investment decisions among market participants. For example, a…

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