Citing CNBC, Meng highlights that a third of total assets under management (AUM) in the US carry an environmental, social and governance (ESG) label.
The world is at “an inflection point” in climate investing, and at this juncture, investors need clearer information while corporations want more incentives to clean up their act, says a Franklin Templeton executive.
Should these two “I’s” be met, the market will experience “explosive growth” that is “much more authentic”, says Ben Meng, executive vice-president and chairman of Franklin Templeton Asia Pacific.
