Wednesday 10 February 2016

Should The Climate Be The Concern of Fund Managers?

Everyone has a responsibility to fix the weather, or at least make sure the world still lasts for as long as humanity can thrive. Fund managers, on the other hand, are concerned about fixing growth, or rather, making things grow. One can argue that fund managers must only concern themselves about looking for businesses that would help grow funds.



It would be up to the business to make sure their methods are climate-risky, to say a term.
But it's not always the case. If fund managers continue to help companies with bad climate records 
thrive, we may find ourselves in a drier, hotter and unhealthy earth.

ClientEarth and other such companies have successfully made their voices heard against world governments especially regarding illegal levels of air pollution and urging mining companies to publish honest reports on climate change risks to their business.

Investors should be mindful that their money guarantees longevity for the earth and human life and not shortening it. New laws should be made that would disallow fund managers to fund companies with opaque records on environmental and climate risks.


But maybe we're getting too ideal here. We just want fund managers to invest somewhere where we'll be sure we still have an earth left to live in the next day.

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