SRI worry over Climate change

clock

STERN report findings warning climate change could shrink the global economy have prompted strong reaction from SRI specialists, with one predicting "massive economic transformation".

The report called for drastic action to halt global warming and F&C’s chief executive Alain Grisay said the process would be akin to the global communications revolution in terms of scale. However, with the issue of global warming we must look at a fundamental shift in our energy system, he said. Peter Michaelis, manager of Norwich Union’s UK Ethical fund, predicted the renewable energy market would, in the next 20 years, grow faster than the market in general. He said this would be caused by governments’ attempts to boost security of supply and reduce the environmental impacts of ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on SRI

Meet the ESG Investment Influencers: The inside story with Camilla Ritchie of 7IM
SRI

Meet the ESG Investment Influencers: The inside story with Camilla Ritchie of 7IM

Fund selector insights into sustainable investing

Beth Brearley
clock 02 November 2021 • 1 min read
SRI

Partner Insight: Why advisers want to understand sustainable investing

Frank Potaczek, Head of UK Proposition at Architas, gives his thoughts on the Professional Adviser survey into sustainable investing and discusses how advisers can respond to the increased interest in this area.

Incisive Works
clock 19 February 2020 • 2 min read
SRI

Partner Insight: Profit with a purpose

As a growing number of advisers, pension funds and insurers start to award new business exclusively to asset managers with a responsible focus, we review how to make responsible investing work the way investors want it to

Incisive Works
clock 13 February 2020 • 1 min read