The momentum behind sustainable finance in today’s marketplace is due in no small part to the catalytic role of institutional investors, who early on recognised climate change as a systemic risk to their long-term investment portfolios – on which millions of future and current retirees depend. Now doubling down because the available information about climate risk is asymmetric, uneven in its credibility and reliability, investors, including Anne Simpson, managing investment director, board governance and sustainability at CalPERS, are articulating how climate change also puts at risk our financial system – the very lifeblood of our economy and society. She spoke to Marsha Vande Berg, deputy chair of OMFIF’s advisory council.
COP26. Public investors look to COP26 for climate progress (Marsha Vande Berg, OMFIF)
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