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Greta’s expectations: we must all be stewards now!

We need to rethink our economic model – and the new one needs to be premised on stewardship in the broadest sense of the word. Action is required on the part of all participants in the economic system, with the investment industry, as the turntable of capital, having a key role to play.

In a paper published in The Capco Institute Journal of Financial Transformation, Eoin Murray, Head of Investment at the international business of Federated Hermes, argues that the severity of the climate risks we face – especially the ‘putative’ tail risks represented by climate tipping points – means that investors need to take action today. 

To find out more about whether or not market and climate-friendly innovation could provide the direction and pace of change that is needed, read the full report (pp. 155-161).