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By Alex BERNHARDT, global head of sustainability research at BNP Paribas Asset Management
Two of the largest challenges society faces today – climate change and social inequality – can benefit from a joint approach, particularly as investors may have to navigate enhanced regulation in both areas.
Climate change and inequality related to gender, race/ethnicity, age and ability are inextricably linked. Globalisation has acted to change the dynamics of both climate change and social inequality. Over the past roughly 40 years, the latest phase of globalisation has acted generally to increase inequality – as measured by wealth and income metrics – globally and within many nations. Alongside this social impact, increasingly globalised trade has...
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