Most investors failing to properly prepare for climate change

Asia Pacific institutional investors are increasingly aware of climate change but few are seeking to invest to benefit from climate action, say experts. In addition, many have yet to prioritise climate risk in their investment decisions, according to newly released surveys.  The latest report, issued this week by PGIM, Prudential Financial's investment business, found that 90% of the 100 global institutional investors it surveyed believe climate change is important, but 40% have y…