Big US investors urge regulators to treat climate as systemic risk
Investors who signed Tuesday’s letter to regulators say they back a ‘transition to a net-zero future’ © Photolibrary
Investors who signed Tuesday’s letter to regulators say they back a ‘transition to a net-zero future’ © PhotolibraryUS investors managing nearly $1tn of assets have written to Federal Reserve chair Jay Powell and other regulators urging them to treat climate change as a systemic financial risk.