Thursday, October 18, 2012

Australia: Future Fund declines to reveal climate risk plans

Sydney Morning Herald: Australia`s sovereign wealth fund, the Future Fund, has snubbed a request to reveal how it plans to manage climate change risks, declaring ''resource constraints`` prevented its involvement, according to an advocacy group. John Hewson, chair of the Asset Owners Disclosure Project (AODP), said the $77 billion fund needed to disclose its plans for dealing with future challenges posed by global warming. ''It is quite extraordinary that Australia`s largest fund which will have to supply pension...

URL: http://www.businessday.com.au/business/carbon-economy/future-fund-declines-to-reveal-climate-risk-plans-20121018-27uc0.html

No comments:

Post a Comment