ShareAction | Point of No Returns: A ranking of 75 of the world’s largest asset managers’ approaches to responsible investment
Crises in the natural world have reached a critical level. Inaction now threatens the very existence of human society: the IPCC warns that averting the most serious consequences of climate change requires a radical overhaul of the global economy , while the OECD argues biodiversity loss is among the top global risks to society . The intersection between these crises deepens their breakdown: deforestation is the second largest source of anthropogenic greenhouse gas emissions. Meanwhile, growing inequality, the changing nature of work, and continued human rights violations are just some of the major risks facing global society and the financial sector that supports it.