On the upside, Moody’s said furthermore, asset managers can considerably benefit from opportunities in developing investment solutions that contribute to a low-carbon economy, meeting investors' sustainability expectations.
KUALA LUMPUR: Moody’s Investors Service’s new data shows G20 financial institutions have nearly US$22 trillion of exposure to carbon-intensive sectors.
In a statement released on Wednesday, it said that on balance sheet, bank loans account for US$13.8 trillion or 60% of this, and asset managers’ equity holdings for another US$6.6 trillion (30%).
