Australia’s biggest asset managers and public pension funds are facing tough questions over how they view risks from global warming, after data revealed that many investors failed to support climate change resolutions at the country’s businesses last year.
The bushfires that have ripped through Australia, killing more than two dozen people and hundreds of millions of animals, have elevated the public debate in the country about the effects of climate change. Global warming has exacerbated the fires, according to leading scientists.
Financial Times