The power demands of advanced computing and artificial intelligence (AI) companies have begun raising concerns among some investors regarding whether this field should be represented as greatly as it is in sustainable funds. Already, asset managers in charge of environmental, social and governance (ESG) funds worth hundreds of billions have been calling out big tech firms such as Alphabet and Microsoft on the impact their operations have on the environment.

Six fund executives in the United States and Europe have revealed that they are closely examining the environmental impact of AI on…

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