The FINANCIAL — A group representing investors that collectively manage more than US$47tn in assets has demanded the world’s biggest corporate polluters back strategies to reach net-zero emissions and promised to hold them to public account. Climate Action 100+ is an initiative that is supported by 518 institutional investor organizations across the world. It 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 analyzed in a report to be released in early 2021. It is the latest step in a campaign by climate-concerned shareholders to force business leaders…
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