While the opportunity for environmental returns has been seized by some of the more sophisticated pension funds, few funds are paying attention to the increasing environmental risk present in all portfolios. Emma Oakman reports
DENMARK - The Danish pension fund ATP has reduced its total CO2 emissions output by 7.4% or 202 tons from 2007 to 2008, according to its first climate report.
As climate change moves to the fore of the political agenda, investors are increasingly targeting it. However, there are still certain hurdles to overcome, as Emma Dunkley explains
Cowen asset management's Ann Ellis says funds need clearer guidance from global leaders on climate-friendly investment before directing capital that way