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Index Funds Face Heightened Risk From Climate Change

FYI: Index funds and the investors who own them face an unmanageable risk from climate change, according to the director of Stanford University’s Sustainable Finance Initiative. Many of those investors are pensions.

Alicia Seiger told members of the U.S. House Financial Services Committee last week that index investors are less able to manage climate risk because they’re less able to monitor it.
Regards,
Ted
https://www.forbes.com/sites/jeffmcmahon/2019/09/16/index-funds-a-favorite-in-pensions-face-greater-risk-from-climate-change/#377f87264ca6
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