divestment

Hedge Funds

What are a trustees legal obligations on climate change?

Maged Girgis, partner at Minter Ellison, points out the growing likelihood of legal challenge for trustee directors that ignore analysis and evidence of global warming in their investment decisions, but he says any decision to include or exclude carbon-intensive assets must be one that involves, analysis, deliberation and information gathering. Recently there has been an […]
Hedge Funds

Beyond divestment

While divestment is a useful tool to communicate concerns of climate risk to stakeholders, it is not an optimal investment strategy, in part because it ignores short-term benchmark risk. A research paper by MSCI provides a framework for evaluating ways to reduce two dimensions of carbon exposure – current carbon emissions and potential future emissions […]