Climate Action 100+ group put 161 fossil fuel, mining, transport and other big-emitting companies on notice in latest campaign by shareholders
Institutional investors that collectively manage more than US$47tn in assets have demanded the world’s biggest corporate polluters back strategies to reach net-zero greenhouse gas emissions and promised to hold them to public account.
The Climate Action 100+ group, representing 518 major investor organisations across the globe, has written to 161 fossil fuel, mining, transport and other big-emitting companies to set 30 climate measures and targets against which they will be analysed in a report to be released early next year.