Funds Fail to Change Investments for Global WarmingFundsFailtoChangeInvestmentsforGlobalWarming

PGIM conducted a proprietary survey of 100+ global institutional investors to better understand their current investment actions and future aspirations around climate change. Survey findings showed that an overwhelming majority of the world’s fund managers are aware of climate risks but far fewer of them respond by rethinking their portfolios. PGIM’s latest Megatrends report, Weathering Climate Change, was informed by the results of the survey and draws on the insights of PGIM investment professionals, leading policymakers, and climate changes investors. The new research proposes an actionable climate-change agenda that addresses both hidden portfolio vulnerabilities and potential opportunities in the transition to a lower-carbon world. 

In an article published by The Times, PGIM’s Chief Operating Officer, Taimur Hyat, shares insights from the recent survey and report, suggesting that climate change should be an integral component of funds’ risk assessment and management processes.