Financials

Asset managers are not ‘walking the walk’ on climate stewardship, think-tank claims

Wind turbine
FinanceMap found that the 45 largest asset managers hold $309bn in green investments, compared with $880mn in fossil fuel investments (Photo: Rafael Classen rcphotostock.com/Pexels)

Asset manager climate stewardship efforts are stagnating and there is little support for sustainable finance policy, says FinanceMap.

A new report has laid bare a divide between the top European and US asset managers, and accused the latter of dragging their heels over stewardship and ...

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