News Digest Item
08 Jun 2017

“Pension institutions don’t take climate risks into account”

WWF Germany

German pension institutions aren’t taking account climate risks in their investment strategies, according to a survey commissioned by WWF Germany. “This can have serious consequences,” Matthias Kopp, director of sustainable finance at WWF Germany, said in a press release. “If, for example, the institutions continue to put their customers’ money into coal businesses while the world economy orients itself more and more climate-friendly and turns its back on fossil fuels, this could mean tremendous loss of value,” Only 41 of 351 institutions contacted replied to the survey.

Read the press release in German here

All texts created by the Clean Energy Wire are available under a “Creative Commons Attribution 4.0 International Licence (CC BY 4.0)” . They can be copied, shared and made publicly accessible by users so long as they give appropriate credit, provide a link to the license, and indicate if changes were made.

We are hiring

Correspondent (m/w/d) - Berlin

Manager:In Finanzen & Operatives (m/w/d) (50%-100%)

Find more details here

Journalism for the energy transition

Get our Newsletter
Join our Network
Find an interviewee