Finance

Emerging Market ESG Risks May Be Misunderstood, Report Shows

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The link between a hotter planet, loss of economic wealth and investment returns isn’t always well understood in ESG strategies, particularly those targeting developing markets, according to a report by the head of strategic research at Nordea Bank Abp.

Steen Winther Blindum says his analysis points to a “decoupling between emerging and developed markets,” whereby many emerging markets are likely to be “more severely affected by climate change.”