The world is at “an inflection point” in climate investing, and at this juncture, investors need clearer information while corporations want more incentives to clean up their act, says a Franklin Templeton executive.
Should these two “I’s” be met, the market will experience “explosive growth” that is “much more authentic”, says Ben Meng, executive vice-president and chairman of Franklin Templeton Asia Pacific.
Citing CNBC, Meng highlights that a third of total assets under management (AUM) in the US carry an environmental, social and governance (ESG) label.
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