Fund selectors urged to rethink climate due diligence
Fund selectors urged to rethink climate due diligence
As climate risk becomes embedded in asset prices, asset allocators and fund selectors should emphasise physical risk analysis during manager due diligence. Fangyuan Zhang, senior research engineer at France-based EDHEC Business School and Lionel Melin, associate researcher at French climate finance research hub EDHEC Climate Institute, explains why.