|
Laxman Pai, Opalesque Asia: Over 70% of assets on average across some 35,000 investment funds will contribute to global warming above 1.5 degrees Celsius (2.7 Fahrenheit) by 2050 without significant emissions reductions, said a study.
According to the research report from research from sustainability data firm ESG Book, the global investment funds and top market indices are widely exposed to companies set to miss the 2050 target of 1.5 degrees Celsius.
The analysis also shows that across funds worth $40 trillion, 20 percent of assets fail to disclose emissions on average.
"ESG Book's Fund Scores allow clients to analyze and compare the sustainability profiles of over 4,000 ETFs and 30,000 mutual fund listings, including equity, corporate fixed income, and hybrid investment strategies," the report claimed.
The firm's new solution offers investors a transparent view of the market value and security coverage for each fund, with access to a suite of metrics including granular ESG scores on 22 sustainability topics, UN Global Compact scoring, and climate scores that together enable a holistic insight in a fund's sustainability profile.
Dr. Daniel Klier, CEO of ESG Book, said: "Current events give a stark reminder of the urgent need to transition to a net-zero pathway. However, markets still lack the accurate information required to allocate capital more effectively to sustainable, higher-impact assets. Consistent, transparent, and accessible data ca...................... To view our full article Click here
|
RSS
