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Amid Earth’s hottest days, asset managers remain cool on climate action

Stewardship efforts on greenhouse gas emissions focus largely on reporting, not reduction

Most asset managers just aren't stepping up despite multiple record temperatures being surpassed
Most asset managers just aren't stepping up despite multiple record temperatures being surpassed Photo: Sergen Sezgin/Getty Images

Lindsey Stewart is director of investment stewardship research at Morningstar

A hot day in July isn’t normally news, at least in the Northern Hemisphere. But high temperatures certainly hit the headlines on 3 July, as a new global record was set for the hottest day ever recorded on Earth. And then on 4 July, it happened again. And then on 6 July too. 

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