2020-11-24
http://w3.windfair.net/wind-energy/news/35764-cdp-co2-target-climate-change-emissions-company-financial-institution-pressure-global-paris-agreement-sign

Investors Pressure Companies to Set Climate Targets

Image: PixabayImage: Pixabay
A nearly $20-trillion strong group of 137 financial institutions, including AXA Group, Legal & General Investment Management, Nikko Asset Management Co and Generation Investment Management, is asking companies to commit to climate action in line with 1.5°C and a net-zero future by setting science-based targets.

Official Press Release CDP:

Investors urge companies producing 25% of global emissions to set science-based targets

137 global financial institutions, holding nearly US$20 trillion in assets, call on high emitting companies to set 1.5°C science-based emissions reduction targets and achieve net zero emissions by 2050 at the latest

A nearly $20-trillion strong group of 137 financial institutions, including AXA Group, Legal & General Investment Management, Nikko Asset Management Co and Generation Investment Management, is asking companies to commit to climate action in line with 1.5°C and a net-zero future by setting science-based targets. The ask is announced today in a new engagement campaign coordinated by CDP, a non-profit which runs the global environmental disclosure platform, sent to over 1,800 of the most high-emitting global... ... More: Official Press Release CDP

Keywords:
CDP, CO2, target, climate change, emissions, company, financial institution, pressure, global, Paris Agreement, sign







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