Funding Climate Change: how pension fund fiduciary duty masks trustee inertia and short-termism.

This paper sets out to demonstrate the potential of pension funds to drive corporate responses to climate change. It examines first why fiduciary duty is perceived as a barrier to change in investment practices, arguing that in theory fiduciary duty should not be perceived as a legal barrier to incl...

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Bibliographic Details
Main Author: Woods, C
Format: Working paper
Language:English
Published: School of Geography and Environment (University of Oxford) 2009