Climate change will no doubt continue to be a worldwide topic of
concern and will impact us all. The science is clear and reinforced
by the extremity and increasing frequency of recent climate-related
disasters such as typhoons, flooding, drought and, of course, the
tragic wild fires in Australia. If that sounds alarmist, remember
that in 2018 California had the deadliest forest fires in its
history while over 100 people died in wild fires in Greece.
BlackRock, the world's biggest fund manager, has put climate
change and sustainability at the heart of its strategy, doubling
the number of green funds it invests in and curtailing its
investments in coal companies. In the world of investment, there is
growing momentum for change with investors calling for their money
to make a positive impact on society and the world at large.