Assertion A : Investors around the world are demanding socially and environmentally conscious options in equities, bonds, ETF or hedge funds.
Reason R : Climate change and environment have become ‘defining factors’ in companies long-term prospects with a significant reallocation of capital as the shortage of clean water and air have become existential questions.
In light of the above statements, choose the correct answer from the options given below.
Both A and R true and R is the correct explanation of A.
Both A and R are true but R is not the correct explanation of A.
A is true but R is false.
A is false but R is true.