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How the finance industry is essential to reaching climate goals - Federated Hermes

Over a decade ago, taxpayers helped save the global financial system...

Posted on Dec 20, 2021

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... Now the finance sector could repay the favour by helping save the planet, experts told attendees at a two-day Further, Faster conference hosted by the international business of Federated Hermes at COP26. During the event, experts explained the vital role of the financial sector in that process. Investors will increasingly be able to steer corporations to go green and engage in sustainable growth.

Mitch Reznick, Head of Research and Sustainable Fixed Income at Federated Hermes, said: "As a financial stakeholder, you are in a very good position to influence a company to change.’"

That is particularly the case in the debt markets, where Reznick works, because loans need to get refinanced regularly.

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