Some of the world's largest investors are urging companies to commit to climate action with science-based emissions targets aligned with limiting global temperature rise 1.5°C and a net-zero future.
Over 1,800 of the global companies with the highest emissions, such as Tesla, and Rio Tinto, have been contacted as part of a new campaign organised by the CDP, a non-profit which specialises in environmental reporting. There are 137 financial organisations in the group co-ordinated by the CDP, including AXA Group, Legal & General Investment Management and Nikko Asset Management. Impact investing set to double over the next five years They are calling on high emitting companies to set science-based emissions reductions targets in line with the Paris Agreement's 1.5°C trajectory and...
To continue reading this article...
Join Investment Week for free
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes