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  • Published: Jul 11th, 2009
  • Category: UK
  • Comments: None

Equity fund managers complacent on carbon emissions


| Sourced From Environmental-finance.com |

London, 9 July: Climate change has little influence on the investment decisions made by equity fund managers, according to a report which revealed a seven-fold difference in the carbon footprints of UK-based equity funds.

Fund managers said their disregard was mainly due to a lack of confidence in government policies to address greenhouse gas (GHG) emissions, according to the study by investment research companies Mercer and Trucost, on behalf of WWF.

But the Carbon Risks in UK Equity Funds reportargues this attitude is

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  5. Funds’ carbon footprint

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