Climate change transition and a rapidly evolving regulatory landscape confront the asset management industry with considerable challenges and present risks and opportunities for investing.  Asset managers must strengthen disclosure of the climate-related risks and opportunities and support “sustainability” initiatives while continuing to maximize financial returns for investors.  This article suggests that asset managers consider the recommendations published by such investor-led organizations as the PRI Association, Ceres, and GFANZ until regulators issue better ESG guidance.  Asset managers should also follow the Task Force on Climate-Related Financial Disclosures (TCFD) framework and recommendations, which are gaining increasing acceptance among asset managers and regulators.

Halper, Jason, Sara Bussiere, and Timbre Shriver. "Asset Management Industry Confronts the Challenges Presented by Climate Change Transition". The Harvard Law School Forum on Corporate Governance. February 28, 2022. https://corpgov.law.harvard.edu/...

Posted on 19/09/22

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