EnergyWatch

"Massive risk" drives ESG bets at USD 108 billion Finnish Funds

Two major Finnish pension funds with USD 108 in AUM are briskly moving further into ESG territory due to "massive risk" factors tied to climate change, thereby seeking to avoid the major losses and stranded assets that some analysts say will hollow out banks, insurers and asset managers that fail to adapt to a greener agenda.

Photo: Alexander Kuznetsov/Reuters/Ritzau Scanpix

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