A new report from investment consultant Redington has found that asset managers engage with less than 20% of their portfolio companies on climate impact on average.
Redington's 2021 Sustainable Investment Survey gathered the responses of 112 asset managers globally, covering 220 strategies and $10tn in assets under management (AUM). The survey examined the methodology used by managers to engage with investees on sustainability topics. It found managers engaged with less than 15% of portfolios on the topic of net zero, despite 63% of managers reporting they had made commitments to Paris targets or similar, and less than 11% had addressed Scope 3 emissions with companies. The road to COP26: Five climate change solutions "It is widely recognised ...
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