The fiduciary case for carbon exposure management
October 17, 2016 01:00:00 AM
The transition to a low-carbon economy will have a material impact on financial markets. Both the high-carbon exposure risks run by certain traditional companies and the low-carbon opportunities created by many innovators are exceptionally high. It is essential for fiduciaries to actively consider developments of this magnitude. Inaction due to well-informed active decision-making is justifiable; inaction due to inattention is simply not defensible.