Changing wealth advice climate: every investor’s ESG portfolio is different (The Aust 22/02/20)

The drought that is affecting much of the east coast of Australia and the extreme summer bushfires have given rise to debate about the causes of these catastrophes and their potential link to global warming and climate change.

As a wealth manager, we have noticed an increase in prospective clients coming to us in these first weeks of 2020 asking us to consider ESG “do no harm” issues. These are focused around the environment when constructing portfolios. The level of inquiry has been quite noticeable.