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Axa: climate risks should not be neglected from investment decisions

2015-01-16 13:43:00| Climate Ark Climate Change & Global Warming Newsfeed

Blue and Green: Despite arguments that climate change is not a financially material risk in the short and medium term, asset manager Axa has warned investors not to exclude climate risks from their investment decisions. The asset manager, one of the largest in Europe, noted that some in the investment industry are under the illusion that climate risks are a long way off because of signals from carbon markets, a robust climate change deal has yet to be agreed and scientists suggesting temperatures will not rise...

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