Financials

Three-quarters of asset managers have no deforestation commitments, says ShareAction

Deforestation Amazon region, Brazil
The annual deforestation rate from 2015 to 2020 stood at 10mn hectares (Photo: Marcelo Sayao/EPA)

Most asset managers have not pledged to shield natural habitats from deforestation, nor have they adapted their investments to tackle climate change, according to a new report.

Almost three-quarters of asset managers lack commitments to protect natural habitats from deforestation, according to a new study by campaigner ShareAction, which also ...

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