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Sovereign investors tweaking portfolios for environmental risk

Norway, NZ, France leading the way as Paris climate agreement adds to pressure on investors
Tuesday, June 20, 2017 - 05:50

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Rising temperatures could lead to more violent storms and flooding, posing a threat to infrastructure and prime real estate, both favoured by sovereign investors.

London

SOME sovereign investors are reducing their exposure to fossil fuels or seeking clean alternatives to protect their portfolios from rising environmental risk.

Norway's US$900 billion sovereign wealth fund (SWF) - itself financed by oil sales - and the New Zealand Super Fund

sentifi.com

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