portfolio institutional’s ESG coverage in June focuses on the developing world.
Emerging markets are now responsible for most of the gases that harm our climate, a problem that investors who are serious about building a sustainable future need to tackle. Yet this will not be easy.
One particular challenge is China, which has risen to be the world’s second largest economy. Growing prosperity has lifted millions of citizens out of poverty.
But the industrialisation that has made this possible has been powered by fossil fuels. Eliminating practices that release harmful gases could create negative social impacts.
Indeed, closing mines in parts of Asia, for example, could, directly and indirectly, put millions of people out of work. It is an issue investors have to consider when investing in emerging market assets.
This month’s coverage looks at how investors are managing such an important issue.
