US fund managers are still lagging behind their European peers in putting pressure on companies and ensuring their investments align with climate change targets, a new report has claimed.
Climate Action 100+
Three years after some of the world’s biggest investors joined forces to pressure the largest producers of greenhouse gases to cut emissions, about half of them have made net-zero commitments.
Energy giant Shell has revealed its ambition to transform into a “net-zero emissions business” by 2050, at the latest.
Behind Glencore Plc’s decision to limit coal investment is a little-known, but powerful group of investors.