Following The Money In The Climate Fight
Investor-led moves to tackle climate change grow
Jennifer Thompson, July 2, 2018 (Financial Times)
“Big investors are stepping up their efforts to hold the companies they invest in to greater account over how they address climate change…[Climate Action 100+ is now calling for investors in 161 of the biggest greenhouse gases emitting companies to use their leverage to get those companies] to cut greenhouse gas emissions and improve their disclosure and oversight of climate-related risks…Four new investors, including AllianceBernstein the $550bn fund manager and UniSuper, a $64bn Australian pension fund, have also joined the push taking the grouping to 289 members with almost $30tn in assets under management. Companies now being pushed to do more to tackle climate change include French car group Peugeot, Unilever, Coca Cola and airline Air France KLM…” click here for more
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