Investors Pressure Companies to Set Climate 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

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