Despite the Republican campaign against climate-focused investing, U.S. asset managers integrate greenhouse gas emissions and other climate risks into their investment decisions as much as European rivals, according to a Tuesday study.
According to NatWest (NWG.L), nearly a third of North American fixed-income managers have underweighted investments with significant carbon emissions, and 16% have removed them from portfolios, slightly higher than European managers.
Despite the Republican campaign against climate-focused investing, U.S. asset managers integrate greenhouse gas emissions and other climate risks into their investment decisions as much as European rivals, according to a Tuesday study.
According to NatWest (NWG.L), nearly a third of North American fixed-income managers have underweighted investments with significant carbon emissions, and 16% have removed them from portfolios, slightly higher than European managers.
Despite the Republican campaign against climate-focused investing, U.S. asset managers integrate greenhouse gas emissions and other climate risks into their investment decisions as much as European rivals, according to a Tuesday study.
According to NatWest (NWG.L), nearly a third of North American fixed-income managers have underweighted investments with significant carbon emissions, and 16% have removed them from portfolios, slightly higher than European managers.
“The financial risks are still not quantified as they need to be,” added Haas.
