How the rich are decarbonising their portfolios
Wind and solar may have disappointed, but wealth managers see opportunity in areas such as waste management and disability housing.
Joanna MatherWealth editor
Poor performance, greenwashing scandals and political backlash in the US appear to have dented ESG fervour among investors globally.
There was a piercing local blow when Mercer Super was forced to apologise for falsely claiming its “Sustainable Plus” options excluded investments in companies involved in the production or sale of alcohol, gambling and fossil fuels.
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