Act now or face trillions in climate asset losses, UNPRI-backed report tells long-term investors

Study puts annual environmental cost of top 3,000 companies at $2.15 trillion.

Long-term institutional investors face a rising future environmental bill that could wipe trillions off their assets over time unless they force companies, regulators and asset managers to reduce the impact of climate change, according to a study backed by the UN-backed Principle…

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