Posted by: Windfair Editors
Investors Pressure Companies to Set Climate Targets
Image: PixabayOfficial 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
