General
Climate Action 100+ investor group calls on the world’s biggest polluters to lift their game
The world’s biggest investors have declared that the world’s biggest polluters need to do more and, more particularly, spend more to reduce their greenhouse gas emissions to live up to public commitments to cut their carbon footprints.
Key points:
- Climate Action 100+ represents the world’s major investors
- No major corporation has put aside enough capital to met UN climate goals
- Just 9 per cent of firms have targets to reduce supply chain emissions
The report by investor coalition Climate Action 100+ is the group’s first assessment of company performance on climate change.
Climate Action 100+ is made up of 575 investors who have $US54 trillion in assets under management, including some of the world’s biggest investment houses like BlackRock…
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