Asset managers accused of 'blind spot' over biodiversity risk and climate crisis

BUSINESS GREEN | Report from ShareAction finds that none of the world's 75 largest asset managers have a dedicated biodiversity policy, while many are still underplaying climate risks.

For all the growing interest in Environmental, Social, and Governance (ESG) investing and high profile investor demands for corporates to tackle escalating climate risks, many asset managers remain 'blind' to the threat to their portfolios posed by global biodiversity loss and are consistently failing to engage with carbon intensive businesses.

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