Hermes debuts fund manager climate risk tool
System will be rolled out to all its fund managers
Hermes' new tool has been a year in development
Hermes Investment Management has launched a new data analysis tool that will calculate a fund's carbon performance and climate risk exposure, in the latest sign of a more climate-friendly mindset taking hold of the industry.
Late last year, Hermes declared that climate change presents a "game-changing opportunity" for the global investment community and promised to play a leading role in the low-carbon transition. Building...
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