Reuters provides insight into how sustainable are sovereign wealth funds

Risks don’t come much longer term than climate change, so you might expect sovereign wealth funds (SWFs) to be all over it, as investment giants with decades in their sights. Yet, in an insightful report, Reuters detailed how the world’s biggest SWFs are making only patchy progress in adapting investment plans to account for environmental, social and governance factors, according to data on energy investments, an ESG analysis of the equity holdings of some of the funds, plus a survey of the players. Such data provide snapshots into the complex and often opaque world of sovereign funds, which collectively hold nearly $8 trillion in assets.