Just Share surveyed 31 South African asset managers to assess their approach to climate risk in their investment decisions. The report recommends that asset managers should raise their game on transparency and public disclosure. Managers need to publish their policies on climate change, their engagement priorities, escalation policies, and their stance on proxy voting . Most managers in the survey said that none of their employees responsible for climate change integration has technical climate change-related qualifications. Bottom LineAction on climate change is expensive, but the reputational risks of greenwashing are growing all the time.

Source: The North Africa Journal December 31, 2021 12:49 UTC